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Existing Infrastructure and the 2°C Target

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  • Céline Guivarch

    (CIRED - centre international de recherche sur l'environnement et le développement - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - EHESS - École des hautes études en sciences sociales - AgroParisTech - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique)

  • Stéphane Hallegatte

    (CIRED - centre international de recherche sur l'environnement et le développement - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - EHESS - École des hautes études en sciences sociales - AgroParisTech - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique, CNRM - Centre national de recherches météorologiques - INSU - CNRS - Institut national des sciences de l'Univers - OMP - Observatoire Midi-Pyrénées - IRD - Institut de Recherche pour le Développement - UT3 - Université Toulouse III - Paul Sabatier - UT - Université de Toulouse - INSU - CNRS - Institut national des sciences de l'Univers - CNES - Centre National d'Études Spatiales [Toulouse] - CNRS - Centre National de la Recherche Scientifique - Météo-France - CNRS - Centre National de la Recherche Scientifique - UT - Université de Toulouse - Météo-France)

Abstract

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.

Suggested Citation

  • Céline Guivarch & Stéphane Hallegatte, 2011. "Existing Infrastructure and the 2°C Target," Post-Print halshs-00724493, HAL.
    • Handle: RePEc:hal:journl:halshs-00724493
    DOI: 10.1007/s10584-011-0268-5
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00724493
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    References listed on IDEAS

    as
    1. Francois Gusdorf & Stéphane Hallegatte & Alain Lahellec, 2007. "Time and space matter: how urban transitions create inequality," CIRED Working Papers hal-00522404, HAL.
    2. Philippe Ambrosi & Jean-Charles Hourcade & Stéphane Hallegatte & Franck Lecocq & Patrice Dumas & Minh Ha Duong, 2009. "Optimal Control Models and Elicitation of Attitudes towards Climate Damages," International Series in Operations Research & Management Science, in: Jerzy A. Filar & Alain Haurie (ed.), Uncertainty and Environmental Decision Making, chapter 0, pages 177-209, Springer.
    3. 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.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Rozenberg, Julie & Vogt-Schilb, Adrien & Hallegatte, Stephane, 2020. "Instrument choice and stranded assets in the transition to clean capital," Journal of Environmental Economics and Management, Elsevier, vol. 100(C).
    2. Hallegatte, Stephane & Heal, Geoffrey & Fay, Marianne & Treguer, David, 2011. "From growth to green growth -- a framework," Policy Research Working Paper Series 5872, The World Bank.
    3. Ghersi, Frédéric & McDonnell, Simon & Sassi, Olivier, 2013. "Do overarching mitigation objectives dominate transport-specific targets in the EU?," Energy Policy, Elsevier, vol. 55(C), pages 3-15.
    4. 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.
    5. Avner, Paolo & Rentschler, Jun & Hallegatte, Stephane, 2014. "Carbon price efficiency : lock-in and path dependence in urban forms and transport infrastructure," Policy Research Working Paper Series 6941, The World Bank.
    6. Sorrell, Steve, 2015. "Reducing energy demand: A review of issues, challenges and approaches," Renewable and Sustainable Energy Reviews, Elsevier, vol. 47(C), pages 74-82.
    7. Siegmeier, Jan & Mattauch, Linus & Franks, Max & Klenert, David & Schultes, Anselm & Edenhofer, Ottmar, 2015. "A Public Finance Perspective on Climate Policy: Six Interactions That May Enhance Welfare," Climate Change and Sustainable Development 202119, Fondazione Eni Enrico Mattei (FEEM).
    8. Frederick van der Ploeg & Armon Rezai, 2020. "Stranded Assets in the Transition to a Carbon-Free Economy," Annual Review of Resource Economics, Annual Reviews, vol. 12(1), pages 281-298, October.
    9. Vogt-Schilb, Adrien & Meunier, Guy & Hallegatte, Stephane, 2012. "How inertia and limited potentials affect the timing of sectoral abatements in optimal climate policy," Policy Research Working Paper Series 6154, The World Bank.
    10. Rozenberg, Julie & Vogt-Schilb, Adrien & Hallegatte, Stephane, 2014. "Transition to clean capital, irreversible investment and stranded assets," Policy Research Working Paper Series 6859, The World Bank.
    11. T. Gasser & C. Guivarch & K. Tachiiri & C. D. Jones & P. Ciais, 2015. "Negative emissions physically needed to keep global warming below 2 °C," Nature Communications, Nature, vol. 6(1), pages 1-7, November.
    12. Siegmeier, Jan, 2015. "Keeping Pigou on tracks: second-best carbon pricing and infrastructure provision," MPRA Paper 69046, University Library of Munich, Germany, revised 25 Jan 2016.
    13. repec:hal:ciredw:hal-00916328 is not listed on IDEAS
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    15. Vogt-Schilb, Adrien & Hallegatte, Stephane, 2011. "When starting with the most expensive option makes sense : use and misuse of marginal abatement cost curves," Policy Research Working Paper Series 5803, The World Bank.
    16. van der Ploeg, Frederick & Rezai, Armon, 2020. "The risk of policy tipping and stranded carbon assets," Journal of Environmental Economics and Management, Elsevier, vol. 100(C).
    17. Rozenberg, Julie & Vogt-Schilb, Adrien & Hallegatte, Stephane, 2013. "How capital-based instruments facilitate the transition toward a low-carbon economy : a tradeoff between optimality and acceptability," Policy Research Working Paper Series 6609, The World Bank.
    18. Alfredsson, Eva C. & Malmaeus, J. Mikael, 2019. "Real capital investments and sustainability - The case of Sweden," Ecological Economics, Elsevier, vol. 161(C), pages 216-224.
    19. Stephane Hallegatte & Mook Bangalore & Laura Bonzanigo & Marianne Fay & Tamaro Kane & Ulf Narloch & Julie Rozenberg & David Treguer & Adrien Vogt-Schilb, 2016. "Shock Waves," World Bank Publications - Books, The World Bank Group, number 22787, December.

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