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through mitigation policies requiring major structural changes to the economy. In order to implement such policies political …
Persistent link: https://www.econbiz.de/10012234622
We introduce the Carbon Equivalence Principle that requires carbon-equivalent flows enabled, or caused, by a financial product to have equal status with cashflows. This reveals that existing financial products already have environmental impact and so are ESG-linked, without the need for any...
Persistent link: https://www.econbiz.de/10013311432
We propose changes to carbon emissions accounting standards that will improve reporting efficiency and accelerate progress toward effective climate solutions. The first section summarizes a method to account for emissions as liabilities tied to product or service outputs that pass down a supply...
Persistent link: https://www.econbiz.de/10014260656
We develop quantitative methods to support financial product analysis-redesign required by the Carbon Equivalence Principle (CEP) to achieve financial net-zero and thus carbon net-negative positions. We then apply the CEP analysis-redesign to project finance for power generation across a range...
Persistent link: https://www.econbiz.de/10013301082
acceptance of climate mitigation policies. …
Persistent link: https://www.econbiz.de/10013174614
The transition to climate neutrality requires cost reductions in existing clean technologies to enable rapid deployment on a large scale, as well as the development of emerging technologies such as green hydrogen. This policy paper argues that science, technology, innovation, and industrial...
Persistent link: https://www.econbiz.de/10014278837
mitigation and adaptation, carbon and solar geoengineering span the universe of possible climate policies. Their wildly different …
Persistent link: https://www.econbiz.de/10011853285
policies on long-term mitigation targets. We define a weak-policy baseline scenario, which extrapolates the current policy … the weak policy pathway until 2020 or 2030 before pursuing the long-term mitigation target with global cooperative action … investments in fossil-based capacities, (c) higher long-term mitigation costs and carbon prices and (d) stronger transitional …
Persistent link: https://www.econbiz.de/10010476201
assumptions about international carbon markets and mitigation timing, with costs for 2°C scenarios doubling in the absence of … carbon trade, and increasing the later that mitigation is initiated. Under the 2°C scenarios, annual average energy supply … investments are about $300 billion above the BAU levels through 2050. Mitigation policy may substantially reduce air pollution …
Persistent link: https://www.econbiz.de/10011580314
impatience, and the private cost of geoengineering. We determine the impact of asymmetry on mitigation and SRM activities …, concentration of GHGs, and global temperature, and we examine whether a trade-off actually emerges between mitigation and SRM. Our … results could provide some insights into a currently emerging debate regarding mitigation and SRM methods to control climate …
Persistent link: https://www.econbiz.de/10010459892