Energy-Environment-Economy Global Macro-Economic (E3ME)

E3ME is a global sectoral econometric model used to analyze long-term energy and environment interactions within the global economy and to assess short- and long-term impacts of climate change policy. The model comprises the accounting framework of the economy coupled with balances for energy and material demands and environmental emission flows; detailed historical data sets; and an econometric specification of behavioral relationships in which short-term deviations move towards long-term trends.