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This paper describes GCAM-USA v5.3_water_dispatch, an open source model that represents key interactions across economic, energy, water, and land systems in a consistent global framework, with subnational detail in the United States. GCAM-USA divides the world into 31 geopolitical regions outside the United States (U.S.) and represents the U.S. economic and energy systems in 51 state-level regions (50 states plus the District of Columbia). The model also includes 235 water basins and 384 land-use regions; 23 of each fall at least partially within the United States. GCAM-USA offers a level of process and temporal resolution rare for models of its class and scope, including detailed subnational representation of U.S. water demands and supplies and sub-annual operations (day/night for each month) in the U.S. electric power sector. GCAM-USA can be used to explore how changes in socioeconomic drivers, technological progress, or policy impact demands for, and production of, energy, water, and crops at a subnational level in the United States, while maintaining consistency with broader national and international conditions. This paper describes GCAM-USA's structure, inputs, and outputs, with emphasis on new model features. Four illustrative scenarios encompassing varying socioeconomic and energy system futures are used to explore subnational changes in energy, water, and land-use outcomes. We conclude with information about how public users can access the model.

Achieving the Paris Agreement's near-term goals (nationally determined contributions, or NDCs) and long-term temperature targets could result in pre-mature retirement, or stranding, of carbon-intensive assets before the end of their useful lifetime. We use an integrated assessment model to quantify the implications of the Paris Agreement for stranded assets in Latin America and the Caribbean (LAC), a developing region with the least carbon-intensive power sector in the world. We find that meeting the Paris goals results in stranding of $37-90 billion and investment of $1.9-2.6 trillion worth of power sector capital (2021-2050) across a range of future scenarios. Strengthening the NDCs could reduce stranding costs by 27%-40%. Additionally, while politically shielding power plants from pre-mature retirement or increasing the role of other sectors (e.g. land-use) could also reduce power sector stranding, such actions could make mitigation more expensive and negatively impact society. For example, we find that avoiding stranded assets in the power sector increases food prices 13%, suggesting implications for food security in LAC. Our analysis demonstrates that climate goals are relevant for investment decisions even in developing countries with low emissions. © 2020 The Author(s). Published by IOP Publishing Ltd.

One key aspect of the Paris Agreement is the goal to limit the global average temperature increase to well below 2 °C by the end of the century. To achieve the Paris Agreement goals, countries need to submit, and periodically update, their Nationally Determined Contributions (NDCs). Recent studies show that NDCs and currently implemented national policies are not sufficient to cover the ambition level of the temperature limit agreed upon in the Paris Agreement, meaning that we need to collectively increase climate action to stabilize global warming at levels considered safe. This paper explores the generalization of previously adopted good practice policies (GPPs) to bridge the emissions gap between current policies, NDCs ambitions and a well below 2 °C world, facilitating the creation of a bridge trajectory in key major-emitting countries. These GPPs are implemented in eleven well-established national Integrated Assessment Models (IAMs) for Australia, Brazil, Canada, China, European Union (EU), India, Indonesia, Japan, Russia, South Korea, and the United States, that provide least-cost, low-carbon scenarios up to 2050. Results show that GPPs can play an important role in each region, with energy supply policies appearing as one of the biggest contributors to the reduction of carbon emissions. However, GPPs by themselves are not enough to close the emission gap, and as such more will be needed in these economies to collectively increase climate action to stabilize global warming at levels considered safe.

One key aspect of the Paris Agreement is the goal to limit the global average temperature increase to well below 2 °C by the end of the century. To achieve the Paris Agreement goals, countries need to submit, and periodically update, their Nationally Determined Contributions (NDCs). Recent studies show that NDCs and currently implemented national policies are not sufficient to cover the ambition level of the temperature limit agreed upon in the Paris Agreement, meaning that we need to collectively increase climate action to stabilize global warming at levels considered safe. This paper explores the generalization of previously adopted good practice policies (GPPs) to bridge the emissions gap between current policies, NDCs ambitions and a well below 2 °C world, facilitating the creation of a bridge trajectory in key major-emitting countries. These GPPs are implemented in eleven well-established national Integrated Assessment Models (IAMs) for Australia, Brazil, Canada, China, European Union (EU), India, Indonesia, Japan, Russia, South Korea, and the United States, that provide least-cost, low-carbon scenarios up to 2050. Results show that GPPs can play an important role in each region, with energy supply policies appearing as one of the biggest contributors to the reduction of carbon emissions. However, GPPs by themselves are not enough to close the emission gap, and as such more will be needed in these economies to collectively increase climate action to stabilize global warming at levels considered safe.