Francesco Bosello, Lorenza Campagnolo, Fabio Eboli and Ramiro Parrado (email@example.com)
Environmental Economics and Policy Studies, 2012, vol. 14, issue 4, pages 403-420
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 CO 2 emission reduction policy, within a recursive-dynamic computable general equilibrium model. From the modeling 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 with respect to 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), and 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 €. Copyright Springer 2012
Keywords: Climate change; Mitigation; Energy from waste; C68; E27; Q42; Q43; Q54 (search for similar items in EconPapers)
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Working Paper: Energy from Waste: Generation Potential and Mitigation Opportunity (2014)
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