Conflicts of economic interests by limiting global warming to +3 °C
Asbjørn Aaheim (),
Taoyuan Wei and
Additional contact information
Asbjørn Aaheim: CICERO
Taoyuan Wei: CICERO
Bård Romstad: CICERO
Mitigation and Adaptation Strategies for Global Change, 2017, vol. 22, issue 8, 1131-1148
Abstract This paper combines available assessments on the impacts of climate change with climate projections from an earth system model to estimate the economic consequences for 15 sectors in 11 world regions. If the standard way of thinking about how economies work, the theory of market equilibrium, applies. The aim is to identify potential sources of conflicts between economic interests if the world succeeds in reducing emissions from a pathway with high emissions, where temperatures increase at around +6 °C in 2100 to a lower emission path, where the temperatures increase by +3 °C. Both pathways are recommended by the Intergovernmental Panel on Climate Change as standard descriptions of anthropogenic drivers for climate modelling. It is difficult to identify conflicts between developed and developing regions, but conflicts between sector interests are apparent. Fossil fuel extracting industries lose by mitigation in all regions. Nearly all other sectors gain in all regions. The results also reveal potential conflicts between socioeconomic groups. The main challenges relate to conflicts of interest between generations. The present generation can commence on a transformation to low-carbon economies without notable economic consequences, but the next generation stands to lose, while generations beyond will clearly gain.
Keywords: Climate change; Conflicts of interest; CGE modelling; Economic impacts; Integrated assessment (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://link.springer.com/10.1007/s11027-016-9718-8 Abstract (text/html)
Access to the full text of the articles in this series is restricted.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:spr:masfgc:v:22:y:2017:i:8:d:10.1007_s11027-016-9718-8
Ordering information: This journal article can be ordered from
Access Statistics for this article
Mitigation and Adaptation Strategies for Global Change is currently edited by Robert Dixon
More articles in Mitigation and Adaptation Strategies for Global Change from Springer
Bibliographic data for series maintained by Sonal Shukla ().