Economy—Energy—Environment Simulation

This volume is based on a policy simulation model linking 60 countries and regions at a detailed industrial level, covering 99.5 per cent of the world's economic activities. Country models are linked by trade matrices that explicitly describe annual trade flow among world regions. Energy demand and supply is explained in response to changing prices reflecting emission trading and other market-oriented policy instruments. The impact on global environment is gauged through CO2 emission. Simulation results to 2010 - with an explicit description of economy/energy/environment feedback under different scenarios - serve as an open platform for policy debate. Comparisons with results from other research works are provided, together with methodological comparisons.