Modeling the Economics of Greenhouse Gas Mitigation Summary of a Workshop (2011) / Chapter Skim
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2 Uses and Abuses of Marginal Abatement Supply Curves
2 Uses and Abuses of Marginal Abatement Supply Curves
Pages 4-8
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From page 4... ...
Such were the issues that provided motivation for this workshop session. Issues in the use of energy conservation and greenhouse gas abatement cost curves were first discussed by Mark Jaccard of Simon Fraser University, who began his talk with a description of energy efficiency cost curves and greenhouse gas abatement cost curves.
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From page 5... ...
Jac card described it as basically the same methodological thinking that leads to carrying the supply curve approach from a focus only on energy efficiency to a focus on greenhouse gas abatement. Efficiency cost curves were popu lar 30 years ago, and greenhouse gas abatement cost curves have been around for at least 20 years.
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From page 6... ...
He recommended instead the use of integrated hybrid models to construct marginal abatement cost curves in which each point on a curve has simul taneous actions occurring in an equilibrium solution (for example, adoption of more efficient lighting occurs with improvements in building shells, and their interactions are represented) , a particular action (such as use of more efficient light bulbs)
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From page 7... ...
The remainder of the session included a panel discussion and comments from the audience. The four discus sants were Marilyn Brown, a professor at the Georgia Institute of Technology and a member of the workshop planning committee; Rich Richels, head of the Climate Division at the Electric Power Research Institute and also a member of the workshop planning committee; Howard Gruenspecht, deputy administrator for the EIA; and Hillard Huntington, a professor at Stanford University and the executive director of Stanford's Energy Modeling Forum.
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From page 8... ...
Richard Moss from the Pacific Northwest National Laboratory/University of Maryland's Pacific Joint Global Change Research Institute wondered whether the debate has moved beyond whether there are negative cost opportunities ($20 bills on the sidewalk) to the ques tion of how we can use policy to more economically and efficiently bring about some of the transitions necessary to address climate change.
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