Model assumptions

This page documents various model assumptions for different sectors/regions/time periods

Assumptions in the Economy module

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Assumptions in the Energy module

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Assumptions in the FTT module

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Assumptions by region

• e.g. MN and AZ are treated as exogenous
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Assumptions by sectors/categories

• Transportation and water services are not modeled as there is no data
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Assumptions in calibration

• IV approach is used
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Assumptions related to exogenous variables

• e.g. Global coal prices plateaus in 2030