----------------------------- PART III -------------------------------------------------

In order to reproduce figure 6, one needs to perform the following simulations: 

a. late decarbonization (cblate) simulation using the SHORT version of the model and rhoEn=0.0038
b. gradual decarbonization (cbgrad) simulation using the SHORT version and rhoEn=0.0038
c. BAU simulation using the SHORT version and rhoEn=0.0038


1. ensure that all simulations are included in the sim set: opt.inc (line 51) should read:
SET sim
/
BaU
ctax
cbgrad
cblate
/

2. ensures that the short version of endogenous technological change is switched on: opt.inc (line 18) should read:
    ifEnTech Set to one to switch on endogenous tech change and set to two for the long version
    /1/

3. ensure the right rhoen parameters takes the right value: model.inc (line 10) should read:
rhoEn=0.0038;

4. ensure the time horizon is 2060: 
	4a. BAU.gms (line 36) should read:
 loop(tt$(years(tt) le 2060),

	4b. in SIM.gms, line 46 should read:
set tshock(t) years shocks are affective /2020*2060/; 
	
	4c. in SIM.gms, line 52 should read:
loop(tt$(years(tt) le 2060),


5. run the BAU.gms file. The results of this simulations are stored in BAU.gdx in the folder mngwbv4/res.

6. set the "cblate" simulation: sim.gms (line 6) should read:
$setGlobal SimName  "cblate"

7. run the sim.gms file. The results of this simulations are stored in cblate.gdx in the folder mngwbv4/res.

8. set the "cbgrad" simulation: opt.inc (line 70) should read:
$setGlobal SimName  "cbgrad"

9. run the sim.gms file. The results of this simulations are stored in cbgrad.gdx in the folder mngwbv4/res.

10. At this stage one could read all results from the gdx files. In order to produce figure 6, one can use the provided excel files and the maketab.gms:

	10a. leave only BAU and cbgrad in the sim set: opt.inc (line 51) should read:
SET sim
/
BaU
*ctax
cbgrad
*cblate
/
	10b. run the maketab.gms

	10c. open the Results_IND010324rdonSHORTcbgradRho0038.xlsx, select that 'data' tab at the Excel ribbon and refresh data or use the short-cut: Ctrl+Alt+F5 (you might need to change the paths of directories: you need to import data from the results.csv file which is stored in the mngwb4/res folder; refreshing might take a couple of minutes).

	10d. leave only BAU and cblate in the sim set: opt.inc (line 51) should read:
SET sim
/
BaU
*ctax
*cbgrad
cblate
/
	10e. run the maketab.gms
	10f. open the Results_IND010324rdonSHORTcblateRho0038.xlsx, select that 'data' tab and refresh data or use the short-cut: Ctrl+Alt+F5 
	10g. Figures 6 should be ready in tab "graphs" in the file Results_IND010324rdonSHORTcblateRho0038.xlsx in the mngwb4/res folder. Keep in mind that this file reads the results from the other files in the same folder, so one might need to correct the paths of directories in the formulas in the excel.


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Thank you for your effort!

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