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Methane emission reduction: An application of Fund

journal contribution
posted on 2023-06-08, 11:09 authored by Richard TolRichard Tol, Roebyem J Heintz, Petronella E M Lammers
Methane is, after carbon dioxide, the most important anthropogenic greenhouse gas. Governments plan to abate methane emissions. A crude set of estimates of reduction costs is included in FUND, an integrated assessment model of climate change. In a cost-benefit analysis, methane emission reduction is found to be instrumental in controlling the optimal rate of climate change. In a cost-effectiveness analysis, methane emission reduction largely replaces carbon dioxide emission reduction. Methane emission reduction reinforces the case for international cooperation in climate policy, but complicates the efficient allocation of emission reduction efforts. Methane emission reduction at the short run does not help to achieve the ultimate objective of the Framework Convention on Climate Change.

History

Publication status

  • Published

Journal

Climatic Change

ISSN

0165-0009

Publisher

Springer Verlag

Issue

1-2

Volume

57

Page range

71-98

Department affiliated with

  • Economics Publications

Full text available

  • No

Peer reviewed?

  • Yes

Legacy Posted Date

2012-04-18

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