Fossil energy resources - EPPA
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Corresponding documentation | |
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Previous versions | |
No previous version available | |
Model information | |
Model link | |
Institution | Massachusetts Institute of Technology (MIT), USA, https://globalchange.mit.edu/. |
Solution concept | General equilibrium (closed economy) |
Solution method | Optimization |
Anticipation |
Fossil energy resources considered in EPPA include coal, crude oil, and natural gas. For each type of fossil fuel, there is a module in EPPA that takes into account the effect of fossil fuel depletion on its price.