New hybrid model improves accuracy of climate policy impact assessments.
The article discusses how hybrid models can improve climate and energy policy analysis by combining detailed technology representation with macroeconomic assessments. The researchers developed a protocol to create hybrid Input-Output tables that describe economic flows in both money and physical units, particularly for energy goods. They analyzed the impacts of different database characteristics on modeling results and proposed compromises to address data gaps. The study aims to bridge gaps in understanding how hybrid models are calibrated and how these choices affect policy assessments.
