The G-Cubed Model Mentioned by White House White Paper
The White House released a new white paper on 14 March 2023, Methodologies and Considerations for Integrating the Physical and Transition Risks of Climate Change into Macroeconomic Forecasting for the President’s Budget by Council of Economic Advisers & Office of Management and Budget.
In the paper, G-Cubed, developed by the CAMA research team (Prof Warwick McKibbin, Dr Larry Weifeng Liu and Roshen Fernando) is referenced as ‘integrates both emissions and energy data and is distinct from a number of other models in that it handles financial and physical capital separately (which differ greatly in terms of their mobility)’.
Please read the full white paper here.
Updated: 21 March 2023/Responsible Officer: Crawford Engagement/Page Contact: CAMA admin