The Paris Agreement and next steps in limiting global warming

Steven K. Rose (), Richard Richels, Geoffrey Blanford and Thomas Rutherford
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Steven K. Rose: Electric Power Research Institute
Richard Richels: Electric Power Research Institute
Geoffrey Blanford: Electric Power Research Institute
Thomas Rutherford: University of Wisconsin—Madison

Climatic Change, 2017, vol. 142, issue 1, No 18, 255-270

Abstract: Abstract The Paris Climate Agreement sets out an aggressive goal of limiting global average warming to well below 2 °C. As a first step, virtually all countries have put forth greenhouse gas emission reduction pledges in the form of nationally determined contributions, or NDCs, for the 2030 timeframe. Our analysis looks beyond the NDCs to explore potential post-2030 regional emissions reduction participation and ambition. For each scenario, we examine the implications for global emissions and long-term temperature. We then evaluate the regional consequences for energy systems and ensuing costs. We conclude by reflecting on the additional global abatement costs of tightening temperature goals. Overall, this study provides a multidimensional characterization of the scale of regional effort supporting climate outcomes, details important to decision-makers as they consider mid-century emissions targets, and long-run climate objectives.

Keywords: Emission Reduction; Abatement Cost; Global Emission; Major Emitter; Inequality Aversion (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (15)

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DOI: 10.1007/s10584-017-1935-y

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