Economic Dynamic Modelling of Climate Policy in Poland

• Autorzy: Olga Kiuila , Emilia Lewczuk
• Języki publikacji: EN

Abstrakty

EN

Poland is responsible for 9% of CO2 emission in the European Union (EU), making it the fifth biggest emitter in the region. The energy sector is dominated by electricity produced from coal (around 70%). The country currently uses massive subsidies to boost the coal sector. We propose a dynamic intertemporal hybrid general equilibrium model to simulate the economic effects of sector regulations and new policy targets within environmental taxation scenarios, by accounting for a complex set of linkages between the energy sector and other components of the economy. Our simulation results suggest that positive economic growth is possible with a realistic energy mix, but it will not offer considerable emission reduction, as required by the European Commission. In the short-time horizon, the best choice is renewable energy sources indicated by less capital-intensive technologies (such as biomass). In the long-time horizon, more capital-intensive technologies (such as wind turbines) will be a better choice for economic growth. Carbon tax plays a crucial role in optimal energy mix targets, since its elimination ceteris paribus implies negative economic growth. (original abstract)

Słowa kluczowe

EN

Computable General Equilibrium model (CGE); Decarbonization; Energy policy; Carbon tax; Renewable energy sources; Climate policy

PL

Obliczeniowy model równowagi ogólnej; Dekarbonizacja; Polityka energetyczna; Podatek węglowy; Odnawialne źródła energii; Polityka klimatyczna

• Czasopismo: Ekonomia / Uniwersytet Warszawski
• Rocznik: 2021
• Tom: 8
• Numer: nr 55
• Strony: 246--255

Twórcy

autor

Olga Kiuila

• University of Warsaw, Poland

autor

Emilia Lewczuk

Bibliografia

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Identyfikatory

DOI

10.2478/ceej-2021-0018