Innovation Modelling Comparison Project

 

The IMCP arose out of recognition that the temporal, geographic and interdisciplinary scales of the climate change problem demand a more sophisticated kind of economics, and a more structured and collegiate international approach to analysis, than hitherto developed. It aims to ‘open the black box’ of endogenous innovation to scrutiny by comparing the results from different applied modeling approaches and then understanding the reasons for differences. The project marks an early systematic attempt to assess and compare the progress made through different modeling approaches, and to offer some first insights into what this may mean for the strategic economics of tackling the biggest long-term challenge in the energy sector, namely the goal of transforming energy systems in ways that could stabilize the atmospheric concentrations of CO2.

The primary output of this project is the forthcoming Energy Journal special issue “Endogenous Technical Change and the Economics of Atmospheric Stabilization”, edited by Ottmar Edenhofer (Potsdam Institute for Climate Impact Research), Carlo Carraro (FEEM), Jonathan Kohler and Michael Grubb. The issue, and individual papers are available for download below. Articles may be cited as, for example,: Edenhofer, O., K. Lessmann, N. Bauer (2006). “Mitigation Strategies and Costs of Climate Protection: The Effects of ETC in the Hybrid Model MIND”. The Energy Journal (Special Issue: Endogenous Technological Change and the Economics of Atmospheric Stabilisation): 207-222.

The project is funded by DEFRA, BMU, UN Foundation, BP and the Tyndall Centre for Climate Change Research . For further information on the IMCP, please contact Misato Sato (m.sato@econ.cam.ac.uk).

Endogenous Technical Change and the Economics of Atmospheric Stabilization

A Special Issue of the Energy Journal

Entire issue on PDF

Technological Change for Atmospheric Stabilization: Introductory Overview to the Innovation Modeling Comparison Project

Michael Grubb, Carlo Carraro and John Schellnhuber

The Transition to Endogenous Technical Change in Climate-Economy Models: A Technical Overview to the Innovation Modeling Comparison Project

Jonathan Köhler, Michael Grubb, David Popp and Ottmar Edenhofer

Induced Technological Change: Exploring its Implications for the Economics of Atmospheric Stabilization: Synthesis Report from the Innovation Modeling Comparison Project

Ottmar Edenhofer, Kai Lessmann, Claudia Kemfert, Michael Grubb and Jonathan Köhler

Induced Technological Change in a Limited Foresight Optimization Model

Fredrik Hedenus, Christian Azar and Kristian Lindgren

Importance of Technological Change and Spillovers in Long-Term Climate Policy

Shilpa Rao, Ilkka Keppo and Keywan Riahi

Analysis of Technological Portfolios for CO2 Stabilizations and Effects of Technological Changes

Fuminori Sano, Keigo Akimoto, Takashi Homma and Toshimasa Tomoda

Comparison of Climate Policies in the ENTICE-BR Model

David Popp

Assessment of CO2 Reductions and Economic Impacts Considering Energy-Saving Investments

Toshihiko Masui, Tatsuya Hanaoka, Saeko Hikita, and Mikiko Kainuma

The Dynamics of Carbon and Energy Intensity in a Model of Endogenous Technical Change

Valentina Bosetti, Carlo Carraro and Marzio Galeotti

Mitigation Strategies and Costs of Climate Protection: The Effects of ETC in the Hybrid Model MIND

Ottmar Edenhofer, Kai Lessmann and Nico Bauer

ITC in a Global Growth-Climate Model with CCS, The Value of Induced Technical Change for Climate Stabilization

Reyer Gerlagh

Decarbonizing the Global Economy with Induced Technological Change: Scenarios to 2100 using E3MG

Terry Barker, Haoran Pan, Jonathan Köhler, Rachel Warren and Sarah Winne

Endogenous Structural Change and Climate Targets Modeling experiments with IMACLIM-R

Renaud Crassous, Jean-Charles Hourcade, Olivier Sassi