Policy - WITNESS: Difference between revisions
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Note: The documentation of WITNESS is 'in preparation' and is not yet 'published'!
(v2 rewrite as stored in external repository after v1 mostly lost and no backup :-() |
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Policy model in WITNESS is for the moment limited to CO<sub>2</sub> emission taxes. | Policy model in WITNESS is for the moment limited to CO<sub>2</sub> emission taxes. | ||
As a default | As a default in the framework, the CO<sub>2</sub> emission price is dynamically set to the maximum between Carbon Capture and Storage and environmental damage price by the "Policy" module (see [https://github.com/os-climate/witness-core/blob/main/climateeconomics/sos_wrapping/sos_wrapping_witness/policymodel/documentation/policy_discipline.md here]). | ||
Various trades can be run to compare effects of various policies (e.g. variable CO2 tax strategies) or optimize their tuning for specific objectives.{{ModelDocumentationTemplate | |||
|IsDocumentationOf=WITNESS | |IsDocumentationOf=WITNESS | ||
|DocumentationCategory=Policy | |DocumentationCategory=Policy | ||
}} | }} | ||
Latest revision as of 16:04, 19 September 2024
Policy model in WITNESS is for the moment limited to CO2 emission taxes.
As a default in the framework, the CO2 emission price is dynamically set to the maximum between Carbon Capture and Storage and environmental damage price by the "Policy" module (see here).
Various trades can be run to compare effects of various policies (e.g. variable CO2 tax strategies) or optimize their tuning for specific objectives.
Note: The documentation of WITNESS is 'in preparation' and is not yet 'published'!| Corresponding documentation | |
|---|---|
| Previous versions | |
| No previous version available | |
| Model information | |
| Model link | |
| Institution | Open-Source for Climate (OS-C), N/A, https://os-climate.org/transition-analysis/., Linux Foundation (LF), N/A, https://www.linuxfoundation.org/. |
| Solution concept | Systems dynamics based approach |
| Solution method | OptimizationSimulation-based optimization |
| Anticipation | |