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Climate A Conceptual Framework to Assist Decision Making on International Climate Change Policy: Discussion Paper Online version
Initial recommendations for further work
This paper has identified some key gaps in analysis, which once completed would assist with negotiations on international climate change policy. This includes:
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Conducting empirical analysis, or undertaking further research of international studies, on the relationship between decisions on participation by countries in a global emission reducing strategy and the activities included within this strategy, and the world price on carbon and impact on international commodity prices;
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Deriving sectoral abatement cost curves for New Zealand, and generating data to assist with the determination of the domestic mitigation potential;
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Undertake further general equilibrium modelling to incorporate these abatement costs, and with sensitivity analysis around alternative methods of government expenditure of the revenue from surplus credits; and
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Developing a better understanding of the likely scale of direct and indirect effects on New Zealand associated with increased global mean temperatures.
