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Description of model
GREEN was developed in order to assess the economic impacts of imposing limits on carbon emissions. GREEN is a global computable general equilibrium model with a special focus on energy production and consumption. The GREEN model has a wide range of policy instruments, as well as many other exogenous factors. These include energy-efficiency improvements and the price of new forms of renewable energy.
Particular relevance
The model is relevant in analysing the impacts of climate change mitigation policies (especially through trading schemes) on energy production and consumption and on energy efficiency and new technologies.
Coverage
World, divided into 12 regions
Model applications
Environmental effects of liberalising fossil fuels trade: results from the OECD GREEN model - The research in this paper has been done in response to a request from the Trade Committee and the Environment Policy Committee – the parent committees of the Joint Working Party on Trade and Environment, (JWPTE) – to follow-up on earlier JWPTE work concerning the nature and extent of pricing distortions in fossil fuels in the industry and power sectors, and the effects of a potential liberalisation of fossil fuel trade on environmental quality. OECD GREEN model results are used in this analysis. (http://www.olis.oecd.org/olis/2000doc.nsf/LinkTo/NT00002EFE/$FILE/JT00112751.PDF).
A (Preliminary) Analysis of the Kyoto Protocol: Using the OECD GREEN Model - This paper attempts to assess the economic costs of achieving the Kyoto emission reduction targets using the OECD GREEN model
( http://www.oecd.org/dataoecd/38/57/1923191.pdf).