diff --git a/definitions/variable/macro-economy/policy_costs.yaml b/definitions/variable/macro-economy/policy_costs.yaml new file mode 100644 index 00000000..cc7f627e --- /dev/null +++ b/definitions/variable/macro-economy/policy_costs.yaml @@ -0,0 +1,46 @@ +- Policy Cost|Additional Total Energy System Cost: + description: Additional energy system cost associated with the policy + unit: billion USD_2010/yr + tier: 2 +- Policy Cost|Area under MAC Curve: + description: Total costs of the policy, i.e. the area under the Marginal Abatement + Cost (MAC) curve + unit: billion USD_2010/yr + tier: 2 +- Policy Cost|Consumption Loss: + description: Consumption loss in a policy scenario compared to the corresponding + baseline (losses should be reported as positive numbers) + unit: billion USD_2010/yr + tier: 2 +- Policy Cost|Equivalent Variation: + description: Equivalent variation associated with the given policy + unit: billion USD_2010/yr + tier: 2 +- Policy Cost|GDP Loss|PPP: + description: GDP (PPP) loss in a policy scenario compared to the corresponding baseline + (losses should be reported as positive numbers) + unit: billion USD_2010/yr + tier: 2 + navigate: Policy Cost|GDP Loss + engage: Policy Cost|GDP Loss +- Policy Cost|GDP Loss|MER: + description: GDP (MER) loss in a policy scenario compared to the corresponding baseline + (losses should be reported as positive numbers) + unit: billion USD_2010/yr + tier: 2 +- Policy Cost|Welfare Change: + description: Welfare loss measured as change in balanced growth equivalents + unit: billion USD_2010/yr + tier: 2 +- Policy Cost|Default: + description: Total costs of the policy in the default metric (consumption losses + for GE models, area under MAC curve for PE models if available) to be used for + calculation of Cost over Abatement Value (CAV) indicator. Must be identical + to the policy costs in one of the reported metrics. + unit: billion USD_2010/yr + tier: 2 +- Policy Cost|Other: + description: Any other indicator of policy cost (e.g., compensated variation). + (please indicate what type of policy cost is measured on the 'comments' tab) + unit: billion USD_2010/yr + tier: 2