Climate policy/Description: Difference between revisions
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|Description= | |Description=<h2> Model description </h2> | ||
The FAIR model consists of the following six linked modules (see figure Model scheme of FAIR): | |||
# The global pathfinder module calculates cost-optimal global pathways for achieving long-term climate targets; | |||
# The policy evaluation module calculates the emission levels for 2020 and beyond, resulting from national pledges and domestic climate mitigation plans; | |||
# The effort-sharing module calculates regional and national emissions allowances or reduction targets, based on a wide range of equity principles, hence, sharing a global emissions target; | |||
# The mitigation costs module calculates the level of emissions trading and abatement costs with flexible assumptions on regional carbon market participation, based on the information from the effort-sharing module or policy evaluation module; | |||
# The damage and cost-benefit module calculates consumption losses resulting from climate change damage, adaptation costs, and mitigation costs, under a specified level of adaptation. | |||
Input for the modules consists of baseline scenarios on population, GDP and emissions, as calculated by the IMAGE modelling framework. Emissions are from all major sources and include all six Kyoto greenhouse gases. Marginal abatement cost (MAC) curves describing mitigation potential and costs of greenhouse gas emission reductions are derived from the TIMER energy model and the IMAGE land-use model. The MAC curves take into account a wide range of options, including carbon plantations, carbon capture and storage (CCS), bio, wind and solar energy, and energy efficiency and technological improvements. In addition, FAIR can also use emission projections and MACs from other models, such as the POLES energy system model (Enerdata 2010) and IIASA land-use models (Kindermann et al. 2008), to assess the sensitivity of the outcomes to these main inputs. | |||
The modules are described in more detail below. | |||
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