IDEAS home Printed from https://ideas.repec.org/p/zbw/ifwkie/226177.html
   My bibliography  Save this paper

Integrated Assessment of Carbon Dioxide Removal

Author

Listed:
  • Rickels, Wilfried
  • Reith, Fabian
  • Keller, David
  • Oschlies, Andreas
  • Quaas, Martin F.

Abstract

To maintain the chance of keeping the average global temperature increase below 2°C and to limit long‐term climate change, removing carbon dioxide from the atmosphere (carbon dioxide removal, CDR) is becoming increasingly necessary. We analyze optimal and cost-effective climate policies in the dynamic integrated assessment model (IAM) of climate and the economy (DICE2016R) and investigate (1) the utilization of (ocean) CDR under different climate objectives, (2) the sensitivity of policies with respect to carbon cycle feedbacks, and (3) how well carbon cycle feedbacks are captured in the carbon cycle models used in state-of-the-art IAMs. Overall, the carbon cycle model in DICE2016R shows clear improvements compared to its predecessor, DICE2013R, capturing much better long‐term dynamics and also oceanic carbon outgassing due to excess oceanic storage of carbon from CDR. However, this comes at the cost of a (too) tight short-term remaining emission budget, limiting the model suitability to analyze low-emission scenarios accurately. With DICE2016R, the compliance with the 2°C goal is no longer feasible without negative emissions via CDR. Overall, the optimal amount of CDR has to take into account (1) the emission substitution effect and (2) compensation for carbon cycle feedbacks.

Suggested Citation

  • Rickels, Wilfried & Reith, Fabian & Keller, David & Oschlies, Andreas & Quaas, Martin F., 2018. "Integrated Assessment of Carbon Dioxide Removal," Open Access Publications from Kiel Institute for the World Economy 226177, Kiel Institute for the World Economy (IfW Kiel).
    • Handle: RePEc:zbw:ifwkie:226177
    DOI: 10.1002/2017EF000724
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/226177/1/2017EF000724.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.1002/2017EF000724?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

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


    Cited by:

    1. Andreas Makoto Hein & Jean-Baptiste Rudelle, 2020. "Energy Limits to the Gross Domestic Product on Earth," Working Papers hal-02570677, HAL.
    2. Meier, Felix & Rickels, Wilfried & Quaas, Martin F. & Traeger, Christian, 2022. "Carbon dioxide removal in a global analytic climate economy," Kiel Working Papers 2227, Kiel Institute for the World Economy (IfW Kiel).
    3. Rickels, Wilfried & Merk, Christine & Honneth, Johannes & Schwinger, Jörg & Quaas, Martin & Oschlies, Andreas, 2019. "Welche Rolle spielen negative Emissionen für die zukünftige Klimapolitik?," Open Access Publications from Kiel Institute for the World Economy 261840, Kiel Institute for the World Economy (IfW Kiel).
    4. Andreas M. Hein & Jean-Baptiste Rudelle, 2020. "Energy Limits to the Gross Domestic Product on Earth," Papers 2005.05244, arXiv.org.
    5. Rickels, Wilfried & Merk, Christine & Honneth, Johannes & Schwinger, Jörg & Quaas, Martin F. & Oschlies, Andreas, 2019. "Welche Rolle spielen negative Emissionen für die zukünftige Klimapolitik? Eine ökonomische Einschätzung des 1,5°C-Sonderberichts des Weltklimarats," Kiel Working Papers 2116, Kiel Institute for the World Economy (IfW Kiel).
    6. Rickels, Wilfried & Proelß, Alexander & Geden, Oliver & Burhenne, Julian & Fridahl, Mathias, 2020. "The future of (negative) emissions trading in the European Union," Kiel Working Papers 2164, Kiel Institute for the World Economy (IfW Kiel).

    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:zbw:ifwkie:226177. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/iwkiede.html .

    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.