Policy - TIAM-UCL
|University College London (UCL), UK, https://www.ucl.ac.uk.
|Partial equilibrium (price elastic demand)
(Stochastic and myopic runs are also possible)
A variety of energy and climate policies can be implemented, depending on the approach, usually by creating specific scenario files to incorporate the policy elements.
A number of general or specific policy choices can be modelled including:
- Emissions taxes,
- permit trading,
- specific technology subsidies
- Technology and/or resource constraints
- Technology and/or resource targets