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Projects: Projects for Investigator
Reference Number L320253012
Title Policy options for sustainable energy use in a general model of the UK economy
Status Completed
Energy Categories Other Cross-Cutting Technologies or Research(Energy system analysis) 100%;
Research Types Basic and strategic applied research 100%
Science and Technology Fields SOCIAL SCIENCES (Economics and Econometrics) 100%
UKERC Cross Cutting Characterisation Systems Analysis related to energy R&D (Energy modelling) 100%
Principal Investigator Dr TS (Terry ) Barker
No email address given
Land Economy
University of Cambridge
Award Type Standard
Funding Source ESRC
Start Date 01 January 1992
End Date 31 December 1993
Duration 24 months
Total Grant Value £93,560
Industrial Sectors No relevance to Underpinning Sectors
Region East of England
Programme ESRC Energy
Investigators Principal Investigator Dr TS (Terry ) Barker , Land Economy, University of Cambridge (100.000%)
Web Site https://gtr.ukri.org/projects?ref=L320253012
Objectives Objectives not supplied
Abstract If economic development continues on its present path, global greenhouse gas (GG) emissions can be expected to increase further from present levels, rather than to decline. For Western economies such as the UK the challenge in cutting emissions is even greater because emissions per head of population are much higher than in most developing countries. A reduction of GG emissions to sustainable rates implies massive changes in levels and structures of energy use and radical changes in economic behaviour. The project is to adapt and revise the existing Cambridge Multisectoral Dynamic Model (MDM) so as to provide a quantitative assessment of the costs and benefits for the UK in policies in GG abatement. An important first stage in the research will be the estimation of a system to allow the different fuel inputs to industries and consumers to change according to relative prices. The research will develop the methodology of quantitative analysis of energy policies relating to GG emissions. It will explore how long-run technical change, particularly that associated with energy use, can be modelled and introduced into an economic model, ensuring satisfactory properties of the model over the next century.

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Added to Database 12/09/11