Near-term limits to mitigation: Challenges arising from contrary mitigation effects from indirect land-use change and sulfur emissions
Katherine Calvin,
Marshall Wise,
Leon Clarke,
James Edmonds,
Andrew Jones and
Allison Thomson
Energy Economics, 2014, vol. 42, issue C, 233-239
Abstract:
We explore the implications of potentially counteractive greenhouse gas mitigation responses to carbon prices and the complications that could ensue for limiting radiative forcing in the near-term. Specifically we consider the problem of reproducing the radiative forcing pathway for Representative Concentration Pathway, RCP4.5, which stabilizes radiative forcing at 4.5Wm−2 (650ppm CO2-e) under a different terrestrial policy assumption. We show that if indirect land-use change emissions are not priced, carbon prices that can replicate this pathway in the near-term may not exist. We further show that additional complexities could emerge as a consequence of the co-production of CO2 and sulfur emissions as byproducts of fossil fuel combustion.
Keywords: Integrated Assessment Modeling; Indirect land-use change emissions (search for similar items in EconPapers)
JEL-codes: Q24 Q40 Q47 Q50 Q53 Q54 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:42:y:2014:i:c:p:233-239
DOI: 10.1016/j.eneco.2013.09.026
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