Existing infrastructure and the 2°C target
To clarify the link between existing infrastructure legacy and the 2°C target, we extend the work of Davis et al. (2010) by introducing non-CO2 greenhouse gases and the inertia in transportation-needs drivers. We conclude that climate policies able to maintain climate change below 2°C cannot disregard existing infrastructure.
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Volume (Year): 109 (2011)
Issue (Month): 3 (December)
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- Jean Charles Hourcade & Philippe Ambrosi & Stéphane Hallegatte & Franck Lecocq & Patrice Dumas & Minh Ha-Duong, 2003. "Optimal control models and elicitation of attitudes towards climate damages," Post-Print halshs-00000966, HAL.
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- Jaccard, Mark & Rivers, Nic, 2007. "Heterogeneous capital stocks and the optimal timing for CO2 abatement," Resource and Energy Economics, Elsevier, vol. 29(1), pages 1-16, January.
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