Abstract
The Japanese Government submitted a target to reduce greenhouse gas (GHG) in 2030 by 26% for emission level of GHG in 2013. It is an important issue to act the effective mitigation policies. On the other hand, it will be important to argue about adaptation policies, because flood disasters occur much more by local heavy rain or typhoon of bigger intensity, which are said to be due to the global warming.
We built the optimal dynamic CGE model to evaluate mitigation or adaptation policies for global warming. By using the model, we calculate the automobile fuel tax rate to achieve emission reduction target under the condition that expressways will be constructed, and estimate damage cost of flood disaster considered capital reconstruction to evaluate adaptation policies.
