• Energy Research

Abstract The radical change in recent global climate governance calls for China and Europe to ramp up their efforts in leading the world to reach the long-term climate goals. By analyzing the results from the state-of-the-art global integrated assessment model, MESSAGEix-GLOBIOM, this paper aims to understand the future levels of financial investment needed for building and maintaining energy-related infrastructure in the two regions for fulfilling stringent targets consistent with ‘well below 2 °C’. The results indicate that a rapid upscaling and structural change of these investments towards decarbonization are necessitated by the climate stringent scenarios. China and Europe need to increase their low carbon investments by 65% and 38% in a scenario reaching the 2° target relative to their respective reference scenarios which assume no such target from 2016–2050. In a more stringent climate policy scenario of the 1.5° target, these investment needs will increase by 149% and 79% for China and Europe respectively. Among all the energy sectors, energy efficiency, renewable electricity generation and electricity transmission and distribution are the three largest investing targets for the two regions. However, those investments will not likely be realized without strong policy incentives. Implications for green finance and multilateral cooperation initiatives are discussed in the context of the scenario results.

AbstractStudies of global environmental change make extensive use of scenarios to explore how the future can evolve under a consistent set of assumptions. The recently developed Shared Socioeconomic Pathways (SSPs) create a framework for the study of climate-related scenario outcomes. Their five narratives span a wide range of worlds that vary in their challenges for climate change mitigation and adaptation. Here we provide background on the quantification that has been selected to serve as the reference, or ‘marker’, implementation for SSP2. The SSP2 narrative describes a middle-of-the-road development in the mitigation and adaptation challenges space. We explain how the narrative has been translated into quantitative assumptions in the IIASA Integrated Assessment Modelling Framework. We show that our SSP2 marker implementation occupies a central position for key metrics along the mitigation and adaptation challenge dimensions. For many dimensions the SSP2 marker implementation also reflects an extension of the historical experience, particularly in terms of carbon and energy intensity improvements in its baseline. This leads to a steady emissions increase over the 21st century, with projected end-of-century warming nearing 4°C relative to preindustrial levels. On the other hand, SSP2 also shows that global-mean temperature increase can be limited to below 2°C, pending stringent climate policies throughout the world. The added value of the SSP2 marker implementation for the wider scientific community is that it can serve as a starting point to further explore integrated solutions for achieving multiple societal objectives in light of the climate adaptation and mitigation challenges that society could face over the 21st century.

Global-mean temperature increase is roughly proportional to cumulative emissions of carbon-dioxide (CO2). Limiting global warming to any level thus implies a finite CO2 budget. Due to geophysical uncertainties, the size of such budgets can only be expressed in probabilistic terms and is further influenced by non-CO2 emissions. We here explore how societal choices related to energy demand and specific mitigation options influence the size of carbon budgets for meeting a given temperature objective. We find that choices that exclude specific CO2 mitigation technologies (like Carbon Capture and Storage) result in greater costs, smaller compatible CO2 budgets until 2050, but larger CO2 budgets until 2100. Vice versa, choices that lead to a larger CO2 mitigation potential result in CO2 budgets until 2100 that are smaller but can be met at lower costs. In most cases, these budget variations can be explained by the amount of non-CO2 mitigation that is carried out in conjunction with CO2, and associated global carbon prices that also drive mitigation of non-CO2 gases. Budget variations are of the order of 10% around their central value. In all cases, limiting warming to below 2 °C thus still implies that CO2 emissions need to be reduced rapidly in the coming decades. Environmental Research Letters, 10 (7) ISSN:1748-9326 ISSN:1748-9318

The transport sector is growing fast in terms of energy use and accompanying greenhouse gas emissions. Integrated assessment models (IAMs) are used widely to analyze energy system transitions over a decadal time frame to help inform and evaluating international climate policy. As part of this, IAMs also explore pathways of decarbonizing the transport sector. This study quantifies the contribution of changes in activity growth, modal structure, energy intensity and fuel mix to the projected passenger transport carbon emission pathways. The Laspeyres index decomposition method is used to compare results across models and scenarios, and against historical transport trends. Broadly-speaking the models show similar trends, projecting continuous transport activity growth, reduced energy intensity and in some cases modal shift to carbon-intensive modes - similar to those observed historically in a business-as-usual scenario. In policy-induced mitigation scenarios further enhancements of energy efficiency and fuel switching is seen, showing a clear break with historical trends. Reduced activity growth and modal shift (towards less carbon-intensive modes) only have a limited contribution to emission reduction. Measures that could induce such changes could possibly complement the aggressive, technology switch required in the current scenarios to reach internationally agreed climate targets.

AbstractReaching the economic, environmental and sustainability objectives of all societies requires overcoming several major energy challenges; it necessitates rapid progress in multiple areas. The scenario pathways presented in this paper describe transformative changes toward these goals, taking a broad view of the four main energy challenges faced by society in the 21st century: providing universal access to modern energy for all; reducing the impacts of energy production on human health and the environment; avoiding dangerous climate change; and enhancing energy security. The overarching objective of the paper is to provide policy guidance on how to facilitate the transformation of the energy system to achieve these multiple energy objectives. Particular focus is given to the required pace of the transformation at both the global and regional levels, and to the types of financial and policy measures that will be needed to ensure a successful transition. Synergies and trade‐offs between the objectives are identified, and co‐benefits quantified. The paper makes an important contribution to the scenario literature by approaching the global transition toward sustainable development in a more integrated, holistic manner than is common in other studies.