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Will adaptation delay the transition to clean energy systems?

Author

Listed:
  • Bahn, O

    (GERAD and Department of Decision Sciences, HEC Montreal)

  • de Bruin, Kelly

    (CERE, Umeå University)

  • Fertel, C

    (GERAD, HEC Montreal)

Abstract

Climate change is one of the greatest environmental challenges facing our planet in the foreseeable future, yet, despite international environmental agreements, global GHG emissions are still increasing. In this context, adaptation measures are an alternative to mitigation efforts. These measures involve adjustments to economic or social structures to limit the impact of climate change without limiting climate change itself. To assess the interplay of adaptation and mitigation, we propose AD-MERGE, an integrated assessment model that includes both reactive ("flow") and proactive ("stock") adaptation strategies as well as several mitigation (energy) technologies. We find that adaptation delays but does not prevent the transition to clean energy systems (carbon capture and sequestration systems, nuclear, and renewables). Moreover, applying both strategies is more e ffective than using just one.

Suggested Citation

  • Bahn, O & de Bruin, Kelly & Fertel, C, 2015. "Will adaptation delay the transition to clean energy systems?," CERE Working Papers 2015:8, CERE - the Center for Environmental and Resource Economics.
    • Handle: RePEc:hhs:slucer:2015_008
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    More about this item

    Keywords

    Climate change; Climate policy mix; Adaptation; Mitigation; Integrated assessment;
    All these keywords.

    JEL classification:

    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General
    • Q52 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Pollution Control Adoption and Costs; Distributional Effects; Employment Effects

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