OECD Environment Working Papers

ISSN :
1997-0900 (online)
DOI :
10.1787/19970900
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This series is designed to make available to a wider readership selected studies on environmental issues prepared for use within the OECD. Authorship is usually collective, but principal authors are named. The papers are generally available only in their original language English or French with a summary in the other if available.
 

Economic Implications of the IEA Efficient World Scenario You or your institution have access to this content

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Author(s):
Jean Chateau1, Bertrand Magné1, Laura Cozzi2
Author Affiliations
  • 1: OECD, France

  • 2: International Energy Agency, France

Publication Date
11 June 2014
Bibliographic information
No.:
64
Pages
66
DOI
10.1787/5jz2qcn29lbw-en

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In its 2012 edition of the World Energy Outlook, the International Energy Agency (IEA) produced an Efficient World Scenario (IEA, 2012) to assess how implementing only economically viable energy efficiency measures would affect energy markets, investment and greenhouse emissions (GHG). The IEA analysis found that in order to halve global primary energy demand over 2010-2035, additional investments of USD 11.8 trillion in more efficient end-use technologies would be necessary. Using the OECD ENV-Linkages macro-economic model, this report simulates the economic and environmental impacts which the IEA Efficient World Scenario implies...
Keywords:
computable general equilibrium, climate change policy, macroeconomic, energy efficiency
JEL Classification:
  • D58: Microeconomics / General Equilibrium and Disequilibrium / Computable and Other Applied General Equilibrium Models
  • E2: Macroeconomics and Monetary Economics / Macroeconomics: Consumption, Saving, Production, Employment, and Investment
  • Q43: Agricultural and Natural Resource Economics; Environmental and Ecological Economics / Energy / Energy and the Macroeconomy
  • Q54: Agricultural and Natural Resource Economics; Environmental and Ecological Economics / Environmental Economics / Climate; Natural Disasters; Global Warming