Climate change policy :gaps in economic analysis

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Climate change policy :gaps in economic analysis Adrian Macey, Institute of Policy Studies, VUW, March 2012 Current policy needs Target NZ carbon budget 2013-2020? NB framed more as what pace should NZ transform its economy and less as

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01
Climate change policy :gaps in economic analysis Adrian Macey, Institute of Policy Studies, VUW, March 2012<br>
02
Current policy needs Target – NZ carbon budget 2013-2020?
NB framed more as “what pace should NZ transform its economy” and less as “what is our fair share”
Market mechanisms
ETS linking
New mechanisms
Carbon leakage and competitiveness.
Global food production<br>
03
How economics can contribute Cost of NZ targets
On whole of economy
By sector
Include dynamic effects
Include counterfactuals
Competitiveness and carbon leakage effects on NZ- all sectors –under different scenarios
Agriculture
Metrics (under way)
Basket of gases? Separate treatment for methane?
Global food production and consumption modelling – economics of food production in NZ
Mitigation potential<br>