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The energy policy relevance of the 2014 IPCC Working Group III report on the macro-economics of mitigating climate change

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  • Rosen, Richard A.
  • Guenther, Edeltraud

Abstract

Research which attempted to determine the macroeconomic importance of mitigating climate change through 2100 was presented primarily in Chapter 6 of the 2014 IPCC Working Group III report. Some of the findings of this chapter were then summarized in the Summary for Policy Makers (SPMs) of both the Synthesis Report, and the WGIII report. Unfortunately, these SPMs omitted key aspects of what the overall macroeconomic results for the costs and benefits of mitigating climate change actually did and did not include, how they were produced, and a careful assessment of their uncertainty and scientific validity. Yet, many of the major omissions were acknowledged deep in the text of Chapter 6, but were not revealed to the public. We conclude, therefore, that neither of these SPMs was useful for energy policy makers and energy managers, and they were misleading due to their many key omissions. Finally, we recommend several improvements that can be made to integrated assessment modeling methodologies so that the macroeconomic analysis of mitigating climate change resulting from the use of such models can be more relevant and useful to energy policy makers in the future, and can be communicated to them better.

Suggested Citation

  • Rosen, Richard A. & Guenther, Edeltraud, 2016. "The energy policy relevance of the 2014 IPCC Working Group III report on the macro-economics of mitigating climate change," Energy Policy, Elsevier, vol. 93(C), pages 330-334.
    • Handle: RePEc:eee:enepol:v:93:y:2016:i:c:p:330-334
    DOI: 10.1016/j.enpol.2016.03.025
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    Cited by:

    1. Rosen, Richard A., 2021. "Why the shared socioeconomic pathway framework has not been useful for improving climate change mitigation policy analysis," Technological Forecasting and Social Change, Elsevier, vol. 166(C).
    2. Charlie Wilson & Céline Guivarch & Elmar Kriegler & Bas Ruijven & Detlef P. Vuuren & Volker Krey & Valeria Jana Schwanitz & Erica L. Thompson, 2021. "Evaluating process-based integrated assessment models of climate change mitigation," Climatic Change, Springer, vol. 166(1), pages 1-22, May.
    3. Franziska Schütze & Steffen Fürst & Jahel Mielke & Gesine A. Steudle & Sarah Wolf & Carlo C. Jaeger, 2017. "The Role of Sustainable Investment in Climate Policy," Sustainability, MDPI, vol. 9(12), pages 1-19, December.
    4. Alexandre C. Köberle & Toon Vandyck & Celine Guivarch & Nick Macaluso & Valentina Bosetti & Ajay Gambhir & Massimo Tavoni & Joeri Rogelj, 2021. "The cost of mitigation revisited," Nature Climate Change, Nature, vol. 11(12), pages 1035-1045, December.
    5. Ajay Gambhir & Isabela Butnar & Pei-Hao Li & Pete Smith & Neil Strachan, 2019. "A Review of Criticisms of Integrated Assessment Models and Proposed Approaches to Address These, through the Lens of BECCS," Energies, MDPI, vol. 12(9), pages 1-21, May.

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