IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v10y2018i11p4225-d183208.html
   My bibliography  Save this article

Potential European Emissions Trajectories within the Global Carbon Budget

Author

Listed:
  • Ilaria Perissi

    (Consorzio Interuniversitario Nazionale per la Scienza e la Tecnologia dei Materiali (INSTM), c/o Dipartimento di Chimica, Università degli Studi di Firenze, Via della Lastruccia 3, 50019 Sesto Fiorentino, Firenze, Italy)

  • Sara Falsini

    (Consorzio Interuniversitario Nazionale per la Scienza e la Tecnologia dei Materiali (INSTM), c/o Dipartimento di Chimica, Università degli Studi di Firenze, Via della Lastruccia 3, 50019 Sesto Fiorentino, Firenze, Italy)

  • Ugo Bardi

    (Consorzio Interuniversitario Nazionale per la Scienza e la Tecnologia dei Materiali (INSTM), c/o Dipartimento di Chimica, Università degli Studi di Firenze, Via della Lastruccia 3, 50019 Sesto Fiorentino, Firenze, Italy)

  • Davide Natalini

    (Global Sustainability Institute, Anglia Ruskin University, East Road, Cambridge CB1-1PT, UK)

  • Michael Green

    (Global Sustainability Institute, Anglia Ruskin University, East Road, Cambridge CB1-1PT, UK)

  • Aled Jones

    (Global Sustainability Institute, Anglia Ruskin University, East Road, Cambridge CB1-1PT, UK)

  • Jordi Solé

    (Institute of Marine Sciences (ICM-CSIC), Passeig Marítim de la Barceloneta 27–39, 08003 Barcelona, Spain)

Abstract

The Paris Agreement, ratified in 2015, pledged to reduce greenhouse gas emissions within a Global Carbon Budget that limits the global temperature increase to less than 2 °C. With the Roadmap 2050 mitigation measures, the European Union has a target to reduce emissions by 80% of their 1990 value by 2050 but without giving an estimation or a maximum ceiling for the total amount of cumulative greenhouse gases emissions over that period. Thus, the impact of the EU regulations on global warming remains unestimated. The aim and the novelty of this study are to develop a set of potential European emissions trajectories, within the Global Carbon Budget and at the same time satisfying the Roadmap 2050 goals. The result of the study highlights the urgency to reinforce mitigation measures for Europe as soon as possible because any delay in policy implementation risks the Roadmap 2050 mitigation package being insufficient to achieve the objectives of the Paris treaty.

Suggested Citation

  • Ilaria Perissi & Sara Falsini & Ugo Bardi & Davide Natalini & Michael Green & Aled Jones & Jordi Solé, 2018. "Potential European Emissions Trajectories within the Global Carbon Budget," Sustainability, MDPI, vol. 10(11), pages 1-13, November.
  • Handle: RePEc:gam:jsusta:v:10:y:2018:i:11:p:4225-:d:183208
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/10/11/4225/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/10/11/4225/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Capellán-Pérez, Iñigo & Mediavilla, Margarita & de Castro, Carlos & Carpintero, Óscar & Miguel, Luis Javier, 2014. "Fossil fuel depletion and socio-economic scenarios: An integrated approach," Energy, Elsevier, vol. 77(C), pages 641-666.
    2. H. Damon Matthews & Nathan P. Gillett & Peter A. Stott & Kirsten Zickfeld, 2009. "The proportionality of global warming to cumulative carbon emissions," Nature, Nature, vol. 459(7248), pages 829-832, June.
    3. Sabine Fuss & Josep G. Canadell & Glen P. Peters & Massimo Tavoni & Robbie M. Andrew & Philippe Ciais & Robert B. Jackson & Chris D. Jones & Florian Kraxner & Nebosja Nakicenovic & Corinne Le Quéré & , 2014. "Betting on negative emissions," Nature Climate Change, Nature, vol. 4(10), pages 850-853, October.
    4. Takeshi Kuramochi & Jusen Asuka & Hanna Fekete & Kentaro Tamura & Niklas Höhne, 2016. "Comparative assessment of Japan's long-term carbon budget under different effort-sharing principles," Climate Policy, Taylor & Francis Journals, vol. 16(8), pages 1029-1047, November.
    5. Myles R. Allen & David J. Frame & Chris Huntingford & Chris D. Jones & Jason A. Lowe & Malte Meinshausen & Nicolai Meinshausen, 2009. "Warming caused by cumulative carbon emissions towards the trillionth tonne," Nature, Nature, vol. 458(7242), pages 1163-1166, April.
    6. García-Olivares, Antonio & Ballabrera-Poy, Joaquim & García-Ladona, Emili & Turiel, Antonio, 2012. "A global renewable mix with proven technologies and common materials," Energy Policy, Elsevier, vol. 41(C), pages 561-574.
    7. Bridge, Gavin & Bouzarovski, Stefan & Bradshaw, Michael & Eyre, Nick, 2013. "Geographies of energy transition: Space, place and the low-carbon economy," Energy Policy, Elsevier, vol. 53(C), pages 331-340.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Chryso Sotiriou & Theodoros Zachariadis, 2019. "Optimal Timing of Greenhouse Gas Emissions Abatement in Europe," Energies, MDPI, vol. 12(10), pages 1-15, May.
    2. Tańczuk, Mariusz, 2023. "Reconfiguration of a small, inefficient district heating systems by means of biomass Organic Rankine Cycle cogeneration plants – Polish and German perspective after 2035," Renewable Energy, Elsevier, vol. 211(C), pages 452-458.
    3. Solé, J. & Samsó, R. & García-Ladona, E. & García-Olivares, A. & Ballabrera-Poy, J. & Madurell, T. & Turiel, A. & Osychenko, O. & Álvarez, D. & Bardi, U. & Baumann, M. & Buchmann, K. & Capellán-Pérez,, 2020. "Modelling the renewable transition: Scenarios and pathways for a decarbonized future using pymedeas, a new open-source energy systems model," Renewable and Sustainable Energy Reviews, Elsevier, vol. 132(C).
    4. Ilaria Perissi & Gianluca Martelloni & Ugo Bardi & Davide Natalini & Aled Jones & Angel Nikolaev & Lukas Eggler & Martin Baumann & Roger Samsó & Jordi Solé, 2021. "Cross-Validation of the MEDEAS Energy-Economy-Environment Model with the Integrated MARKAL-EFOM System (TIMES) and the Long-Range Energy Alternatives Planning System (LEAP)," Sustainability, MDPI, vol. 13(4), pages 1-27, February.
    5. Josef Slaboch & Pavlína Hálová & Adriana Laputková, 2021. "Development and Structural Changes of Carbon Footprint in EU28," Sustainability, MDPI, vol. 13(9), pages 1-20, April.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ajay Gambhir & Laurent Drouet & David McCollum & Tamaryn Napp & Dan Bernie & Adam Hawkes & Oliver Fricko & Petr Havlik & Keywan Riahi & Valentina Bosetti & Jason Lowe, 2017. "Assessing the Feasibility of Global Long-Term Mitigation Scenarios," Energies, MDPI, vol. 10(1), pages 1-31, January.
    2. Dietz, Simon & Gollier, Christian & Kessler, Louise, 2018. "The climate beta," Journal of Environmental Economics and Management, Elsevier, vol. 87(C), pages 258-274.
    3. Gustav Engström & Johan Gars, 2016. "Climatic Tipping Points and Optimal Fossil-Fuel Use," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 65(3), pages 541-571, November.
    4. Adam Michael Bauer & Cristian Proistosescu & Gernot Wagner, 2023. "Carbon Dioxide as a Risky Asset," CESifo Working Paper Series 10278, CESifo.
    5. Frederick Ploeg, 2021. "Carbon pricing under uncertainty," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 28(5), pages 1122-1142, October.
    6. Oskar Lecuyer & Adrien Vogt-Schilb, 2013. "Assessing and ordering investments in polluting fossil-fueled and zero-carbon capital," CIRED Working Papers hal-00850680, HAL.
    7. Miftakhova, Alena & Judd, Kenneth L. & Lontzek, Thomas S. & Schmedders, Karl, 2020. "Statistical approximation of high-dimensional climate models," Journal of Econometrics, Elsevier, vol. 214(1), pages 67-80.
    8. Vogt-Schilb, Adrien & Hallegatte, Stéphane, 2014. "Marginal abatement cost curves and the optimal timing of mitigation measures," Energy Policy, Elsevier, vol. 66(C), pages 645-653.
    9. Marcel Nutz & Florian Stebegg, 2022. "Climate change adaptation under heterogeneous beliefs," Mathematics and Financial Economics, Springer, volume 16, number 3, June.
    10. Lorenzo Pellegrini & Murat Arsel & Gorka Muñoa & Guillem Rius-Taberner & Carlos Mena & Martí Orta-Martínez, 2024. "The atlas of unburnable oil for supply-side climate policies," Nature Communications, Nature, vol. 15(1), pages 1-13, December.
    11. Nicolas Taconet & Céline Guivarch & Antonin Pottier, 2019. "Social Cost of Carbon under stochastic tipping points: when does risk play a role?," Working Papers hal-02408904, HAL.
    12. Emanuele Campiglio & Alessandro Spiganti & Anthony Wiskich, 2023. "Clean Innovation and Heterogeneous Financing Costs," CAMA Working Papers 2023-25, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, revised Oct 2023.
    13. Renaud Coulomb & Oskar Lecuyer & Adrien Vogt-Schilb, 2019. "Optimal Transition from Coal to Gas and Renewable Power Under Capacity Constraints and Adjustment Costs," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 73(2), pages 557-590, June.
    14. Francesco Lamperti & Valentina Bosetti & Andrea Roventini & Massimo Tavoni, 2019. "The public costs of climate-induced financial instability," Nature Climate Change, Nature, vol. 9(11), pages 829-833, November.
    15. Jung, Sungyup & Lee, Jechan & Moon, Deok Hyun & Kim, Ki-Hyun & Kwon, Eilhann E., 2021. "Upgrading biogas into syngas through dry reforming," Renewable and Sustainable Energy Reviews, Elsevier, vol. 143(C).
    16. Bruno Conte & Klaus Desmet & Dávid Krisztián Nagy & Esteban Rossi-Hansberg, 2021. "Local sectoral specialization in a warming world," Journal of Economic Geography, Oxford University Press, vol. 21(4), pages 493-530.
    17. Adeline Gueret & Paul Malliet & Aurélien Saussay & Xavier Timbeau, 2018. "An explorative evaluation of the climate debt," Sciences Po publications info:hdl:2441/f7llt62fa81, Sciences Po.
    18. Adrien Vogt-Schilb & Guy Meunier & Stéphane Hallegatte, 2013. "Should marginal abatement costs differ across sectors? The effect of low-carbon capital accumulation," Working Papers hal-00850682, HAL.
    19. Dietz, Simon & Venmans, Frank, 2019. "Cumulative carbon emissions and economic policy: In search of general principles," Journal of Environmental Economics and Management, Elsevier, vol. 96(C), pages 108-129.
    20. Rick van der Ploeg, 2020. "Discounting and Climate Policy," CESifo Working Paper Series 8441, CESifo.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:10:y:2018:i:11:p:4225-:d:183208. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.