Emissions Pricing to Stablize Global Climate

http://globalchange.mit.edu/research/publications/2241

Bibliographic Details
Main Authors: Bosetti, V., Paltsev, S., Reilly, J., Carraro, C.
Format: Technical Report
Language:en_US
Published: MIT Joint Program on the Science and Policy of Global Change 2012
Online Access:http://hdl.handle.net/1721.1/70559
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author Bosetti, V.
Paltsev, S.
Reilly, J.
Carraro, C.
author_facet Bosetti, V.
Paltsev, S.
Reilly, J.
Carraro, C.
author_sort Bosetti, V.
collection MIT
description http://globalchange.mit.edu/research/publications/2241
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spelling mit-1721.1/705592019-04-12T20:59:30Z Emissions Pricing to Stablize Global Climate Bosetti, V. Paltsev, S. Reilly, J. Carraro, C. http://globalchange.mit.edu/research/publications/2241 In the absence of significant greenhouse gas (GHG) mitigation, many analysts project that atmospheric concentrations of species identified for control in the Kyoto protocol could exceed 1000 ppm (carbon-dioxide-equivalent) by 2100 from the current levels of about 435 ppm. This could lead to global average temperature increases of between 2.5° and 6° C by the end of the century. There are risks of even greater warming given that underlying uncertainties in emissions projections and climate response are substantial. Stabilization of GHG concentrations that would have a reasonable chance of meeting temperature targets identified in international negotiations would require significant reductions in GHG emissions below “business-as-usual” levels, and indeed from present emissions levels. Nearly universal participation of countries is required, and the needed investments in efficiency and alternative energy sources would entail significant costs. Resolving how these additional costs might be shared among countries is critical to facilitating a wide participation of large-emitting countries in a climate stabilization policy. The 2°C target is very ambitious given current atmospheric concentrations and inertia in the energy and climate system. The Copenhagen pledges for 2020 still keep the 2°C target within a reach, but very aggressive actions would be needed immediately after that. 2012-05-10T14:24:24Z 2012-05-10T14:24:24Z 2012-03 Technical Report http://hdl.handle.net/1721.1/70559 Report no. 211 en_US Joint Program Report Series;211 An error occurred on the license name. An error occurred getting the license - uri. application/pdf MIT Joint Program on the Science and Policy of Global Change
spellingShingle Bosetti, V.
Paltsev, S.
Reilly, J.
Carraro, C.
Emissions Pricing to Stablize Global Climate
title Emissions Pricing to Stablize Global Climate
title_full Emissions Pricing to Stablize Global Climate
title_fullStr Emissions Pricing to Stablize Global Climate
title_full_unstemmed Emissions Pricing to Stablize Global Climate
title_short Emissions Pricing to Stablize Global Climate
title_sort emissions pricing to stablize global climate
url http://hdl.handle.net/1721.1/70559
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