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Description of model
NEMESIS is a multi-country macro-sectoral econometric model which can be used for assessment of structural policies, mainly environmental and R&D policies. It closely links energy and environmental policy to economic outcomes, making it a suitable tool for analysis of the response measures. In particular it can be used to model the impacts of additional taxes on emissions or energy use.
The model has mainly been used for:
assessment of short and medium term consequences of energy and environmental (air pollution) policies, R&D, technology-related and economic policies on EU economies and on the state of the environment;
forecasting baseline scenarios for 30 years' time, including sustainable development scenarios.
Particular relevance
NEMESIS is relevant in analysing the socio-economic impacts of climate change mitigation policies, and in particular technology related policies and taxation schemes.