Methane Emission Reduction: An Application of FUND |
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| Authors: | Richard S J Tol Roebyem J Heintz Petronella E M Lammers |
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| Institution: | (1) Centre for Marine and Climate Studies, Hamburg University, Troplowitzstrasse 7, 22529 Hamburg, Germany;(2) Institute for Environmental Studies, Vrije Universiteit, Amsterdam, The Netherlands;(3) Center for Integrated Study of the Human Dimensions of Global Change, Carnegie Mellon University, Pittsburgh, PA, U.S.A;(4) International Energy Agency, USA;(5) NOVEM, USA |
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| Abstract: | Methane is, after carbon dioxide, the most important anthropogenic greenhouse gas. Governments plan to abate methane emissions. A crude set of estimates of reduction costs is included in FUND, an integratedassessment model of climate change. In a cost-benefit analysis, methane emission reduction is found to be instrumental in controlling the optimal rate of climate change. In a cost-effectiveness analysis, methane emission reduction largely replaces carbon dioxide emission reduction. Methane emission reduction reinforces the case for international cooperation in climate policy, but complicates the efficient allocation of emission reduction efforts. Methane emission reduction at the short run does not help to achieve the ultimate objective of the Framework Convention on Climate Change. |
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