Abstract
How much greenhouse gas (GHG) emissions should be reduced to mitigate their adverse effects on climate change is a global issue. As the first commitment period of the Kyoto Protocol (2008–2012) reached its end, a heated discussion continued over the post-Kyoto Protocol treaty, which urged the Japanese government to set Japan’s medium-term target for limiting GHG emissions. Quantitative economic models were expected to play an essential role in this policy discussion. Chapter 8 describes the contributions that economic models can make to the policy debate over Japan’s reduction target and offers some remarks on their use.
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