https://dspace.library.uu.nl/handle/1874/406093

Climate change challange: Free-riders and geo-engineering


Kemper, E.C.S.
(2021) Faculty of Science Theses
(Bachelor thesis)

Abstract
In this work an agent-based model with computable general equilibrium
integrated assessment models is used to determine if the availability to
geo-engineering has an influence on climate negotiations. With a
combination of FAIR-DICE and an alternative energy sector an optimal path
is calibrated for policymakers which can either invest in green energy or
aerosol injections to combat climate change. The altered DICE-model
integrates economics, carbon cycle, climate science, and the weighing of
costs, resulting in agents guessing benefits of taking steps to slow down
climate change. Geo-engineering is seen as a possible cheap alternative
solution to slow down global warming, which could mean a slower transition
to green energy. This model results show no significant influence on the
timing of the green transition in both a competitive and altruistic scenario

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