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The feasibility of achieving climate stabilization consistent with the objective of 2°C is heavily influenced by how the effort in terms of mitigation and economic resources will be distributed among the major economies. This paper provides a multi-model quantification of the mitigation...
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This paper examines the near- and the long-term contribution of regional and sectoral bioenergy use in response to both regionally diverse near-term policies and longer-term global climate change mitigation policies. The use of several models provides a source of heterogeneity in terms of...
Persistent link: https://www.econbiz.de/10010782121
This paper assesses energy security in three long-term energy scenarios (business as usual development, a projection of Copenhagen commitments, and a 450 ppm stabilization scenario) as modeled in six integrated assessment models: GCAM, IMAGE, MESSAGE, ReMIND, TIAM-ECN and WITCH. We...
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The levels of investment needed to mobilize an energy system transformation and mitigate climate change are not known with certainty. This paper aims to inform the ongoing dialogue and in so doing to guide public policy and strategic corporate decision making. Within the framework of the LIMITS...
Persistent link: https://www.econbiz.de/10011010754
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We investigate the importance of explicitly accounting for uncertainty in the determination of optimal global climate policy. We demonstrate that the marginal risk premium determines the importance of adapting the optimal policy to uncertainty. Common integrated assessment models (IAM) of...
Persistent link: https://www.econbiz.de/10010562109