Quantifying the Ancillary Benefits of the Representative Concentration Pathways on Air Quality in Europe
Milan Ščasný (),
Emanuele Massetti,
Jan Melichar and
Samuel Carrara
Environmental & Resource Economics, 2015, vol. 62, issue 2, 383-415
Abstract:
This paper presents economic benefit estimates of air quality improvements in Europe that occur as a side effect of GHG emission reductions. We consider two climate policy scenarios from two representative concentration pathways (RCPs), in which radiative forcing levels are reached in 2100. The policy tool is a global uniform tax on all GHG emissions in the integrated assessment model WITCH. The resulting consumption patterns of fossil fuels are used to estimate the physical impacts and the economic benefits of pollution reductions on human health and on key assets by implementing the most advanced version of the ExternE methodology with its impact pathway analysis. The mitigation scenario compatible with $$+2\,^{\circ }\hbox {C}$$ + 2 ∘ C (RCP 2.6) reduces total pollution costs in Europe by 84 %. Discounted cumulative ancillary benefits are equal to about €1.7 trillion between 2015 and 2100, or €17 per abated tonne of $$\hbox {CO}_{2}$$ CO 2 in Europe. The less strict climate policy scenario (RCP 4.5) generates benefits equal to €15.5 per abated tonne of $$\hbox {CO}_{2}$$ CO 2 . Without discounting, the ancillary benefits are equal to €46 (RCP 2.6) and €51 (RCP 4.5) per tonne of $$\hbox {CO}_{2}$$ CO 2 abated. For both scenarios, the local benefits per tonne of $$\hbox {CO}_{2}$$ CO 2 decline over time and vary significantly across countries. Copyright Springer Science+Business Media Dordrecht 2015
Keywords: Ancillary benefits; Climate change mitigation; External costs; ExternE; Impact pathway analysis; Integrated assessment models; Q47; Q51; Q53; Q54 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (25)
Downloads: (external link)
http://hdl.handle.net/10.1007/s10640-015-9969-y (text/html)
Access to full text is restricted to subscribers.
Related works:
Working Paper: Quantifying the Ancillary Benefits of the Representative Concentration Pathways on Air Quality in Europe (2016)
Working Paper: Quantifying the Ancillary Benefits of the Representative Concentration Pathways on Air Quality in Europe (2015)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:kap:enreec:v:62:y:2015:i:2:p:383-415
Ordering information: This journal article can be ordered from
http://www.springer. ... al/journal/10640/PS2
DOI: 10.1007/s10640-015-9969-y
Access Statistics for this article
Environmental & Resource Economics is currently edited by Ian J. Bateman
More articles in Environmental & Resource Economics from Springer, European Association of Environmental and Resource Economists Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().