Francesco Bosello, Lorenza Campagnolo, Fabio Eboli and Ramiro Parrado (firstname.lastname@example.org)
No 2014.38, Working Papers from Fondazione Eni Enrico Mattei
Abstract: The present research proposes a macroeconomic assessment of the role of waste incineration with energy recovery (WtE) and controlled landfill biogas to electricity generation and their potential contribution to a CO2 emission reduction policy, within a recursive-dynamic computable general equilibrium model. From the modelling viewpoint, introducing these energy sectors in such a framework required both the extension of the GTAP7 database and the improvement of the ICES production nested function. We focus our analysis on Italy as a signatory of the GHG reduction commitment of 20% by 2020 wrt 1990 levels proposed by the European Community; the rest of the world is represented by 21 geo-political countries/regions. It is shown that albeit in the near future WtE and landfill biogas will continue to represent a limited share of energy inputs in electricity sector (in Italy, around 2% for WtE and 0.6% for biogas in 2020) they could play a role in a mitigation policy context. The GDP cost of the EU emission reduction target for the Italian economy can indeed be reduced by 1% when the two energy generating options are available. In absolute terms, this translates into an annuitized value of 87-122 million €.
Keywords: Climate Change; Mitigation; Energy From Waste (search for similar items in EconPapers)
JEL-codes: C68 E27 Q42 Q43 Q54 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ene, nep-env and nep-mac
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Journal Article: Energy from waste: generation potential and mitigation opportunity (2012)
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Persistent link: http://EconPapers.repec.org/RePEc:fem:femwpa:2014.38
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