FEEM-IEFE seminar on Non-CO2 mitigation in Europe
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The study relies on an extension of a GTAP-E based model with non-CO2 gases emissions as an additional mitigation alternative: the base model is a recursive-dynamic CGE based on the Gtap 7 database, and incorporates several model and database improvements. Results show that multi-gas mitigation options are able to slightly decrease GDP loss with respect to CO2 only mitigation options for 2020 climate stabilization.