Detail práce

Marginal Abatement Costs of Greenhouse Gas Emissions: A Meta-Analysis

Autor: Mgr. Alžběta Křížková
Rok: 2022 - letní
Vedoucí: prof. PhDr. Tomáš Havránek Ph.D.
Konzultant:
Typ práce: Diplomová
Finance, finanční trhy a bankovnictví
Jazyk: Anglicky
Stránky: 92
Ocenění:
Odkaz: https://dspace.cuni.cz/handle/20.500.11956/174026
Abstrakt: This thesis uses up-to-date meta-analysis methods to produce a systematic
summary of the literature on marginal abatement costs (MAC) of greenhouse
gas emissions. It collects 242 MAC estimates for 2030 and 2050 from 59 studies.
Besides the usual tests for publication bias, the study employs several modern
non-linear tests, such as the TOP 10, the Kink method, the Stem method,
and others. Subsequently, Bayesian model averaging is performed for the first
time in MAC literature to reveal a mild negative publication bias for the MAC
in 2050. The thesis reveals that newer studies provide higher estimates of
MAC. Other factors influencing MAC estimation are the size of stabilisation
targets, emissions baseline, utilising the LEAP model, the inclusion of other
greenhouse gases besides carbon dioxide, and considering the long-run decision
making. Several robustness checks are conducted along the way to confirm the
selection of the dataset and the robustness of the BMA analysis (using weighted
BMA, FMA, OLS). The true value of MAC in 2030 corrected for publication
bias is around 32 EUR/tCO2-eq, while for 2050, it is 59 EUR/tCO2-eq.
Srpen 2022
poútstčtsone
1234567
891011121314
15161718192021
22232425262728
293031    

Partneři

Deloitte

Sponzoři

CRIF
McKinsey
Patria Finance
Česká Spořitelna
EY