Improving the Assessment and Valuation of Climate Change Impacts for Policy and Regulatory Analysis: Modeling Climate Change Impacts and Associated Economic Damages
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Keywords
Subject: | 1. Benefits Analysis
5. Distribution and Equity
1. Benefits Analysis - Valuation
1. Benefits Analysis - Valuation - Cost of Damages Avoided
1. Benefits Analysis - Valuation - Cost of Damages Avoided - Mortality
1. Benefits Analysis - Risk Communication and Other
1. Benefits Analysis - Valuation - Other
1. Benefits Analysis - Valuation - Cost of Damages Avoided - Morbidity
1. Benefits Analysis - Valuation - Cost of Damages Avoided - Other |
Environmental Media: | a. Air
a. Air - Mobile Source
a. Air - Stationary Source |
Authors: | Anthoff, David
Calvin, Kate
Clarke, Leon
Cooke, Roger M.
Edmonds, Jae
Fisher-Vanden, Karen
Greenstone, Michael
Griffiths, Charles
Hanemann, Michael
Heal, Geoffrey
Hope, Chris
Keohane, Nat
Kousky, Carolyn
Kopp, Ray
Kopits, Elizabeth
Krishnan, Nisha
Lanzi, Elisa
Lenton, Tim
Marten, Alex
Moore, Chris
Newbold, Steve
O’Neill, Brian
Popp, David
Reilly, John
Roe, Gerard
Sue Wing, Ian
Toman, Mike
Webster, Mort
Weitzman, Marty
Wolverton, Ann |
EPA Project Officer/ Manager: | Elizabeth Kopits |
Geographic Area: | Global |
Study Purpose: | Methodology Development & Evaluation |
Report Series: | Environmental Policy and Economics Workshop |
Inventory Record #: EE-0564
List of all reports in the Series:
1) Stated Preference: What Do We Know? Where Do We Go?
2) Economic Research and Policy Concerning Water Use and Management, Proceedings of the Third Workshop in the Environmental Policy and Economics Workshop Series
3) Economic Analysis and Land Use Policy, Proceedings of the Fourth Workshop in the Environmental Policy and Economics Workshop Series
4) Valuing and Managing Ecosystems: Economic Research Sponsored by NSF/EPA, Proceedings of the first Workshop in the Environmental Policy and Economics Workshop Series
5) Community Based Environmental Decision Making, Proceedings of the Fifth Workshop in the Environmental Policy and Economics Workshop Series
6) Valuing Health for Environmental Policy with Special Emphasis on Children's Health Protection, Proceedings of the Second Workshop in the Environmental Policy and Economics Workshop Series
7) Economic Valuation of Mortality Risk Reduction: Assessing the State of the Art for Policy Applications
8) Market Mechanisms and Incentives: Applications to Environmental Policy, Proceedings of a Workshop Sponsored by the US Environmental Protection Agency's National Center for Environmental Economics and National Center for Environmental Research
9) Valuing Environmental Health Risk Reductions to Children
10) Corporate Environmental Behavior and the Effectiveness of Government Interventions
11) Valuation of Ecological Benefits: Improving the Science Behind Policy Decisions
12) Socio-economic Causes and Consequences of Future Environmental Changes Workshop
13) Economic Impacts of Aquatic Invasive Species Workshop
14) Morbidity and Mortality: How Do We Value the Risk of Death and Illness?
15) Market Mechanisms and Incentives: Applications to Environmental Policy
16) Valuation for Environmental Policy: Ecological Benefits
17) Analytical Methods for Assessing the Environmental Justice Implications of Environmental Regulations
You are here--> 18) Improving the Assessment and Valuation of Climate Change Impacts for Policy and Regulatory Analysis: Modeling Climate Change Impacts and Associated Economic Damages
19) Improving the Assessment and Valuation of Climate Change Impacts for Policy and Regulatory Analysis: Research on Climate Change Impacts and Associated Economic Damages
20) Benefits of Environmental Information Disclosure
21) Benefits Transfer Workshop Proceedings
22) Advancing the Theory and Methods for Understanding Employment Effects of Environmental Regulation
Participating Organizations
Report Details
Type: | Final |
Date: | 12/21/2010 |
Number of Pages: | 0 |
Comment:
Summary
EPA's National Center for Environmental Economics (NCER) and Climate Change Division (CCD), together with DOE’s Office of Policy and International Affairs sponsored a two-day workshop on Modeling Climate Change Impacts and Associated Economic Damages. This was the first in an EPA/DOE workshop series, "Improving the Assessment and Valuation of Climate Change Impacts for Policy and Regulatory Analysis."
The impetus for this workshop series was the 2009-2010 inter-agency 'social cost of carbon' workgroup that used the DICE, FUND, and PAGE integrated assessment models to estimate time paths of the social cost of carbon for use in future U.S. government regulatory analyses. A
summary of the workgroup's findings (PDF, 854K, About PDF) is available. The U.S. government’s intention is to revise these estimates, taking into account new research findings that were not included in the first round. To help motivate and inform this process, EPA and DOE are hosting a series of workshops. The November 18-19, 2010, workshop focused on conceptual and methodological issues related to integrated assessment modeling and valuing climate change impacts, along with methods of incorporating these estimates into policy analysis. The second workshop (January 27-28, 2011) will review research on estimating impacts and valuing damages on a sectoral basis.
If you have any questions, please contact Elizabeth Kopits (
Kopits.elizabeth@epa.gov) or Charles Griffiths (
Griffiths.charles@epa.gov).
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Introduction
- Progress Toward a Social Cost of Carbon (Michael Greenstone, MIT)
(abstract (40.4K), presentation (2052.1K))
Session 1: Overview of Existing Integrated Assessment Models
- Overview of Integrated Assessment Models (Jae Edmonds, PNNL)
(presentation (932.4K))
Models Used for the Development of Current USG SCC Values
- DICE (Steve Newbold, EPA)
(abstract (95.7K), presentation (347.6K))
- PAGE (Christopher Hope, University of Cambridge)
(abstract (129.5K), presentation (440.8K))
- FUND (David Anthoff, University of California, Berkeley)
(abstract (355.8K), presentation (555.5K))
Representation of Climate Impacts in other Integrated Assessment Models
- GCAM and Development of iESM (Leon Clarke, PNNL)
(presentation (1379.3K))
- IGSM (John Reilly, MIT)
(abstract (251.9K), presentation (821.2K))
Session 2: Near-Term DOE and EPA Efforts
- Proposed Impacts Knowledge Platform (Bob Kopp, DOE, and Nisha Krishnan, RFF)
(presentation (837.6K))
- Proposed Generalized Modeling Framework (Alex Marten, EPA)
(presentation (280.6K))
Session 3: Critical Modeling Issues in Assessment and Valuation of Climate Change Impacts
- Sectoral and Regional Disaggregation and Interactions (Ian Sue Wing, Boston University)
(abstract (222.2K), presentation (412.2K))
- Adaptation and Technological Change (Karen Fisher-Vanden, Pennsylvania State University, and Ian Sue Wing, Boston University)
(abstract (204.3K), presentation (911.9K))
- Multi-century Scenario Development and Socio-Economic Uncertainty (Brian O’Neill, National Center for Atmospheric Research)
(abstract (113K), presentation (948.2K))
- Incorporation of Climate System Uncertainty into IAMs (Gerard Roe, University of Washington)
(abstract (1966.6K), presentation (3815.4K))
- Extrapolation of Damage Estimates to High Temperatures: Damage Function Shapes (Marty Weitzman, Harvard University)
(abstract (73.2K))
- Earth System Tipping Points (Tim Lenton, University of East Anglia)
(abstract (723.5K), presentation (2765.8K))
- Potential Economic Catastrophes (Michael Toman, World Bank)
(abstract (244.2K), presentation (437.2K))
- Nonmarket Impacts (Michael Hanemann, University of California, Berkeley)
(presentation (286.7K))
Session 4: Implications for Climate Policy Analysis and Design
- Implications for Design and Benefit-Cost Analysis of Emission Reduction Policies (Ray Kopp, Resources for the Future)
(presentation (323K))
- Implications for Addressing Equity and Natural Capital Impacts (Geoff Heal, Columbia University)
(abstract (339.5K), presentation (381.4K))
- Implications for Choice of Policy Targets for Cost-Effectiveness Analysis (Nat Keohane, Environmental Defense Fund)
(presentation (280.1K))
- Implications for Managing Climate Risks (Roger Cooke, Resources for the Future)
(abstract (141.8K), presentation (1216K))
Date Linked: 12/22/2010