Accounting for Uncertainty Affecting Technical Change in an Economic-Climate Model
In: FEEM Working Paper No. 147.05
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In: FEEM Working Paper No. 147.05
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Working paper
In: FEEM Working Paper No. 13.2017
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Working paper
In: Environmental Science & Policy, Band 13, Heft 1, S. 63-71
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In: Asian Development Bank Economics Working Paper Series No. 709
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In: Environmental science & policy, Band 13, Heft 1, S. 63-71
ISSN: 1462-9011
In: Applied Energy, Band 145, S. 234–245
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In: FEEM Working Paper No. 023.2015
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Working paper
In: Environmental and resource economics, Band 74, Heft 4, S. 1687-1721
ISSN: 1573-1502
In: FEEM Working Paper No. 76.2014
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Working paper
In order to evaluate the effectiveness of climate policy, it is important to understand emission trends and policies at the national level. The 2015 Paris Agreement includes (Intended) Nationally Determined Contributions, so-called (I)NDCs, outlining the contribution of different Parties to the overall target of the agreement to limit global mean temperature increase to well below 2 °C. Here, we assess emission trajectories and the energy system transition of 11 major economies (in the remainder: countries) projected by integrated assessment models (IAMs) for baseline and cost-optimal 450 ppm CO2 eq mitigation scenarios and compare the results with the (I)NDCs. Limiting global temperature increase to below 2 °C implies a substantial reduction of the estimated available carbon budget for each country. The national carbon budgets between 2010 and 2100 showed reductions between the baseline and the 2 °C consistent mitigation scenario ranging from 52% in South Korea to 95% in Brazil. While in the baseline scenario, the share of low-carbon primary energy sources is projected to remain around 15% (with Brazil being a notable exception, reaching 30%); in the mitigation scenarios, the share of low-carbon energy is projected to increase to over 50% in 2050 in nearly all countries, with the EU, Japan and Canada reaching the largest shares. Comparison with the (I)NDCs shows that in Brazil, Canada, the EU, Mexico (conditional target), South Korea and the USA, the emission reduction targets of the NDCs are closer to the mitigation requirement of the 2 °C scenario; in other countries, however, there is still a large gap. The national detail of the indicators adds to the literature on low-carbon emission pathways, assists the assessment of the Paris Agreement and provides support to national policymakers to identify focus areas for climate policy in the coming years.
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In: FEEM Working Paper No. 38.2017
SSRN
Working paper
In order to evaluate the effectiveness of climate policy, it is important to understand emission trends and policies at the national level. The 2015 Paris Agreement includes (Intended) Nationally Determined Contributions, so-called (I)NDCs, outlining the contribution of different Parties to the overall target of the agreement to limit global mean temperature increase to well below 2 °C. Here, we assess emission trajectories and the energy system transition of 11 major economies (in the remainder: countries) projected by integrated assessment models (IAMs) for baseline and cost-optimal 450 ppm CO2 eq mitigation scenarios and compare the results with the (I)NDCs. Limiting global temperature increase to below 2 °C implies a substantial reduction of the estimated available carbon budget for each country. The national carbon budgets between 2010 and 2100 showed reductions between the baseline and the 2 °C consistent mitigation scenario ranging from 52% in South Korea to 95% in Brazil. While in the baseline scenario, the share of low-carbon primary energy sources is projected to remain around 15% (with Brazil being a notable exception, reaching 30%); in themitigation scenarios, the share of low-carbon energy is projected to increase to over 50% in 2050 in nearly all countries, with the EU, Japan and Canada reaching the largest shares. Comparison with the (I)NDCs shows that in Brazil, Canada, the EU, Mexico (conditional target), South Korea and the USA, the emission reduction targets of the NDCs are closer to the mitigation requirement of the 2 °C scenario; in other countries, however, there is still a large gap. The national detail of the indicators adds to the literature on low-carbon emission pathways, assists the assessment of the Paris Agreement and provides support to national policymakers to identify focus areas for climate policy in the coming years.
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Governments worldwide have agreed that international climate policy should aim to limit the increase of global mean temperature to less than 2oC with respect to pre-industrial levels. The purpose of this paper is to analyse the emission reductions and related energy system changes in various countries in pathways consistent with the 2oC target. We synthesize and provide an overview of the national and regional information contained in different scenarios from various global models published over the last few years, as well as yet unpublished scenarios submitted by modelling teams participating in the MILES project (Modelling and Informing Low-Emission Strategies). We find that emissions in the mitigation scenarios are significantly reduced in all regions compared to the baseline without climate policies. The regional cumulative CO2 emissions show on average a 76% reduction between the baseline and 450 scenario. The 450 scenarios show a reduction of primary energy demand in all countries of roughly 30-40% compared to the baseline. In the baseline scenario, the contribution of low-carbon energy technology remains around 15%, i.e. similar as today. In the mitigation scenario, these numbers are scaled up rapidly towards 2050. Looking at air quality, sulphur dioxide and black carbon emissions are strongly reduced as a co-benefit of greenhouse gas emission reductions, in both developing and developed countries. However, black carbon emissions increase in countries that strongly rely on bioenergy to reach mitigation targets. Concerning energy security, energy importing countries generally experience a decrease in net-energy imports in mitigation scenarios compared to the baseline development, while energy exporters experience a loss of energy export revenues.
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