Japanese nuclear power and the Kyoto agreement

Joint Program Reprint • Journal Article
Japanese nuclear power and the Kyoto agreement
Babiker, M., J. Reilly and D. Ellerman (2000)
J. of the Japanese and International Economies, 14: 169-188

Reprint 2000-6 [Read Full Article]

Abstract/Summary:

A global computable general equilibrium model is used to evaluate interactions of nuclear power and climate change policy in Japan. We find that to match official Japanese forecasts for nuclear power would require subsidies of 50 to 70 percent. We find that the carbon price is $20 to $40 (US 1995$) per ton higher compared with the unconstrained case if nuclear expansion is limited to plants already commissioned or under construction, a scenario whose likelihood increased as a result of the recent nuclear accident. J. Japan. Int. Econ., September 2000, 14(3), pp. 169–188. Joint Program on the Science and Policy of Global Change, 77 Massachusetts Avenue, Building E40-263, Massachusetts Institute of Technology, Cambridge, Massachusetts 02139-4307.

Copyright 2000 Academic Press
 

Citation:

Babiker, M., J. Reilly and D. Ellerman (2000): Japanese nuclear power and the Kyoto agreement. J. of the Japanese and International Economies, 14: 169-188 (http://dx.doi.org/10.1006/jjie.2000.0448)
  • Joint Program Reprint
  • Journal Article
Japanese nuclear power and the Kyoto agreement

Babiker, M., J. Reilly and D. Ellerman

Abstract/Summary: 

A global computable general equilibrium model is used to evaluate interactions of nuclear power and climate change policy in Japan. We find that to match official Japanese forecasts for nuclear power would require subsidies of 50 to 70 percent. We find that the carbon price is $20 to $40 (US 1995$) per ton higher compared with the unconstrained case if nuclear expansion is limited to plants already commissioned or under construction, a scenario whose likelihood increased as a result of the recent nuclear accident. J. Japan. Int. Econ., September 2000, 14(3), pp. 169–188. Joint Program on the Science and Policy of Global Change, 77 Massachusetts Avenue, Building E40-263, Massachusetts Institute of Technology, Cambridge, Massachusetts 02139-4307.

Copyright 2000 Academic Press
 

Supersedes: 

Japanese Nuclear Power and the Kyoto Agreement