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The Stern Review constitutes today the most complete and didactic synthesis of the economics of climate change. Despite appearances, it is not, however, a simple reference manual. Its most attractive feature is the author’s commitment to action in the face of climactic risk. The report’s...
Persistent link: https://www.econbiz.de/10010706963
The objective set by the IPPC of limiting the increase in average global temperature to +2°C compared with the pre–industrial era is now accepted by all concerned. This ambitious objective was recognised at the Copenhagen Conference in 2009 and confirmed at Cancun in 2010. There are still no...
Persistent link: https://www.econbiz.de/10011144036
WITCH to assess the costs of climate change mitigation in scenarios in which the implementation of a global climate … stabilizing atmospheric GHG concentrations at 450 ppm CO2-only, postponing a global agreement to 2020 raises global mitigation … above average emissions (such as the EU and the US alongside the rest of Annex-I countries) incur lower mitigation costs by …
Persistent link: https://www.econbiz.de/10011073212
In the present European Union debate, many consider capacity remuneration mechanisms (CRM) as useless and, if they are eventually considered as useful, there is a necessity of total alignment of capacity adequacy policies in time. We develop an opposite position. The adoption of CRM is a...
Persistent link: https://www.econbiz.de/10010764084
This article reviews the role played by carbon and capture (CCS) technologies in order to facilitate the transition to low-carbon emitting technologies in the medium term. More precisely, we address the following central questions: how will the development of CCS technologies impact energy...
Persistent link: https://www.econbiz.de/10010707824
This article analyses energy efficiency coefficients and their evolution in the air transport sector. The proposed ’macro-level’ methodology allows obtaining energy efficiency coefficients and their growth rates (corresponding to the evolution of energy gains) from 1983 to 2006 for eight...
Persistent link: https://www.econbiz.de/10010708353
Persistent link: https://www.econbiz.de/10010752116
The first phase of the REDD+ mechanism consists of helping countries to improve their capacity to carry out national forest inventories, notably to assess land-use changes and forest carbon stocks and fluxes. However, there might be some links between the funding of this first phase and the...
Persistent link: https://www.econbiz.de/10010755886
To prepare for the first Kyoto Protocol commitment period (from 2008 to 2012) it decided to set up a European market for trading carbon dioxide by 2005. The volumes traded on this market and the solidity of its institutional foundation rapidly made it the epicentre of the global carbon market....
Persistent link: https://www.econbiz.de/10010799297
Global warming reveals that the current evolution of the world consumption is on an unsustainable path. Humankind's insatiable appetite for energy has sparked a new crisis. In a world where climate change has become a proven reality, there lies a deep uncertainty about the physical, economic and...
Persistent link: https://www.econbiz.de/10010706639