Global Demographic Change, Carbon Emissions, the Optimal Carbon Price and Carbon Abatement

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Title Global Demographic Change, Carbon Emissions, the Optimal Carbon Price and Carbon Abatement
Author Guest, Ross
Journal Name Global Economy Journal
Editor Jannett Highfill
Year Published 2010
Place of publication United States
Publisher Berkeley Electronic Press
Abstract This paper empirically analyses the prospective impact of global demographic change on the time path of the optimal carbon price, global emissions and global carbon abatement. The approach is to apply a simple Ramsey model in order to examine the effect of global demographic change on the fundamental drivers of the optimal carbon price and optimal abatement. The results suggest a policy trade-off to some extent between mitigating population ageing and mitigating climate change. The lower fertility scenario, which implies an older future population, results in lower carbon emissions and therefore a lower optimal carbon price. Policies to mitigate population ageing would therefore increase carbon emissions and increase the carbon price.
Peer Reviewed Yes
Published Yes
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Copyright Statement Copyright 2010 Berkeley Electronic Press. The attached file is reproduced here in accordance with the copyright policy of the publisher. Please refer to the journal's website for access to the definitive, published version.
Volume 10
Issue Number 2
Page from 1
Page to 17
ISSN 1553-5304
Date Accessioned 2009-10-17
Date Available 2010-09-09T22:32:18Z
Language en_AU
Research Centre Griffith Asia Institute
Faculty Griffith Business School
Subject Environment and Resource Economics
Publication Type Journal Articles (Refereed Article)
Publication Type Code c1

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