Carbon Tax

(1) Policy Definition

Carbon taxes he.....

In CCEM, the effect of carbon taxes is to make the energy more expensive.

The amount that is extracted is re-injected into the economy. In previous versions of the model, we tried to direct this money to transition acceleration, but this is not necessarily the best decision, so currently we "let the money circulate". 

(2) What the slider in  G2WS does ?

The slider simply changes the level of investment made by a geopolitical zone towards adaptation.

• Levels between 0 and 50 means that adaptation will be triggered by pain.

• Levels between 50 and 100 means that adaptation spendind starts from the first year.