PNNL

Abstract

Integrated assessments of how climate policy interacts with energy-economic systems can be performed by a variety of models with different functional structures. This article proposes a diagnostic scheme that can be applied to a wide range of integrated assessment models to classify differences among models based on their carbon price responses. Model diagnostics can uncover patterns and provide insights into why, under a given scenario, certain types of models behave in observed ways. Such insights are informative since model behavior can have a significant impact on projections of climate change mitigation costs and other policy-relevant information. The authors propose diagnostic indicators to characterize model responses to carbon price signals and test these in a diagnostic study with 11 global models. Indicators describe the magnitude of emission abatement and the associated costs relative to a harmonized baseline, the relative changes in carbon intensity and energy intensity and the extent of transformation in the energy system. This study shows a correlation among indicators suggesting that models can be classified into groups based on common patterns of behavior in response to carbon pricing. Such a classification can help to more easily explain variations among policy-relevant model results.