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Energy technology strategies for carbon dioxide mitigation and sustainable development

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  • Keywan Riahi

  • R. Roehrl

Abstract

This paper analyzes a set of global energy-economic development scenarios for the 21 st century. The set includes non-climate-policy scenarios that are part of the recent Special Report on Emissions Scenarios (SRES) of the Intergovernmental Panel on Climate Change (IPCC). We apply climate policies to some of these scenarios to achieve stabilization of atmospheric CO 2 concentrations at 550 parts per million by volume (ppmv). In particular, we analyze the robustness of technology portfolios under a wide range of possible future socioeconomic and technological outcomes. Clearly, the baseline assumptions determine the choice and costs of optimal emissions mitigation portfolios. The robustness analysis suggests that traditional electricity generation technologies based on fossil fuels are phased-out across all scenarios by 2100, with gas combined-cycle bridging the transition to more advanced fossil and zero-carbon technologies. Hydrogen fuel cells dominate the power sector in the sustainable development scenarios. In the transport sector, oil products will be phased-out but their future substitutes remain uncertain. Policies should preferably target a combination of sustainable development and accelerated technological change. Copyright Springer Japan 2000

Suggested Citation

  • Keywan Riahi & R. Roehrl, 2000. "Energy technology strategies for carbon dioxide mitigation and sustainable development," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 3(2), pages 89-123, June.
    • Handle: RePEc:spr:envpol:v:3:y:2000:i:2:p:89-123
    DOI: 10.1007/BF03354032
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    References listed on IDEAS

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    1. Vilja Varho, 2002. "Environmental Impact of Photovoltaic Electrification in Rural Areas," Energy & Environment, , vol. 13(1), pages 81-104, January.
    2. Fonseka, Mohan & Rajapakse, Theja & Richardson, Grant, 2019. "The effect of environmental information disclosure and energy product type on the cost of debt: Evidence from energy firms in China," Pacific-Basin Finance Journal, Elsevier, vol. 54(C), pages 159-182.
    3. Koji Tokimatsu & Rieko Yasuoka & Masahiro Nishio & Kazuhiro Ueta, 2014. "A study on forecasting paths of genuine savings and wealth without and with carbon dioxide constraints: development of shadow price functions," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 16(3), pages 723-745, June.
    4. Riahi, Keywan & Rubin, Edward S. & Taylor, Margaret R. & Schrattenholzer, Leo & Hounshell, David, 2004. "Technological learning for carbon capture and sequestration technologies," Energy Economics, Elsevier, vol. 26(4), pages 539-564, July.
    5. Zhou, Sheng & Kyle, G. Page & Yu, Sha & Clarke, Leon E. & Eom, Jiyong & Luckow, Patrick & Chaturvedi, Vaibhav & Zhang, Xiliang & Edmonds, James A., 2013. "Energy use and CO2 emissions of China's industrial sector from a global perspective," Energy Policy, Elsevier, vol. 58(C), pages 284-294.
    6. Klaassen Ger & Miketa & Riahi Keywan & Schrattenholzer Leo, 2002. "Technological Progress towards Sustainable Development," Energy & Environment, , vol. 13(4-5), pages 553-577, September.
    7. Ürge-Vorsatz, Diana & Cabeza, Luisa F. & Serrano, Susana & Barreneche, Camila & Petrichenko, Ksenia, 2015. "Heating and cooling energy trends and drivers in buildings," Renewable and Sustainable Energy Reviews, Elsevier, vol. 41(C), pages 85-98.
    8. Riahi, Keywan & Rubin, Edward S. & Schrattenholzer, Leo, 2004. "Prospects for carbon capture and sequestration technologies assuming their technological learning," Energy, Elsevier, vol. 29(9), pages 1309-1318.
    9. Tsuneyuki Morita & Nebos̆ja Nakićenović & John Robinson, 2000. "Overview of mitigation scenarios for global climate stabilization based on new IPCC emission scenarios (SRES)," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 3(2), pages 65-88, June.
    10. Chladna, Zuzana, 2007. "Determination of optimal rotation period under stochastic wood and carbon prices," Forest Policy and Economics, Elsevier, vol. 9(8), pages 1031-1045, May.

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