The value of technology and of its evolution towards a low carbon economy
Abstract This paper assesses the economic value associated with the development of various low-carbon technologies in the context of climate stabilization. We analyze the impact of restrictions on the development of specific mitigation technologies, comparing three integrated assessment models used...
Ausführliche Beschreibung
Gespeichert in:
| Autor*in: |
Tavoni, Massimo [verfasserIn] |
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| Format: |
Artikel |
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| Sprache: |
Englisch |
| Erschienen: |
2011 |
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| Schlagwörter: |
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| Systematik: |
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| Anmerkung: |
© Springer Science+Business Media B.V. 2011 |
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| Übergeordnetes Werk: |
Enthalten in: Climatic change - Springer Netherlands, 1977, 114(2011), 1 vom: 30. Nov., Seite 39-57 |
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| Übergeordnetes Werk: |
volume:114 ; year:2011 ; number:1 ; day:30 ; month:11 ; pages:39-57 |
| Links: |
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| DOI / URN: |
10.1007/s10584-011-0294-3 |
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| Katalog-ID: |
OLC2062608330 |
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| 520 | |a Abstract This paper assesses the economic value associated with the development of various low-carbon technologies in the context of climate stabilization. We analyze the impact of restrictions on the development of specific mitigation technologies, comparing three integrated assessment models used in the RECIPE comparison exercise. Our results indicate that the diversification of the carbon mitigation portfolio is an important determinant of the feasibility of climate policy. Foregoing specific low carbon technologies raises the cost of achieving the climate policy, though at different rates. CCS and renewables are shown to have the highest value, given their flexibility and wide coverage. The costs associated with technology failure are shown to be related to the role that each technology plays in the stabilization scenario, but also to the expectations about their technological progress. In particular, the costs of restriction of mature technologies can be partly compensated by more innovation and technological advancement. | ||
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10.1007/s10584-011-0294-3 doi (DE-627)OLC2062608330 (DE-He213)s10584-011-0294-3-p DE-627 ger DE-627 rakwb eng 550 VZ 14 ssgn RA 1000 VZ rvk Tavoni, Massimo verfasserin aut The value of technology and of its evolution towards a low carbon economy 2011 Text txt rdacontent ohne Hilfsmittel zu benutzen n rdamedia Band nc rdacarrier © Springer Science+Business Media B.V. 2011 Abstract This paper assesses the economic value associated with the development of various low-carbon technologies in the context of climate stabilization. We analyze the impact of restrictions on the development of specific mitigation technologies, comparing three integrated assessment models used in the RECIPE comparison exercise. Our results indicate that the diversification of the carbon mitigation portfolio is an important determinant of the feasibility of climate policy. Foregoing specific low carbon technologies raises the cost of achieving the climate policy, though at different rates. CCS and renewables are shown to have the highest value, given their flexibility and wide coverage. The costs associated with technology failure are shown to be related to the role that each technology plays in the stabilization scenario, but also to the expectations about their technological progress. In particular, the costs of restriction of mature technologies can be partly compensated by more innovation and technological advancement. Climate Policy Abatement Cost Baseline Scenario Mitigation Option Breakthrough Technology De Cian, Enrica aut Luderer, Gunnar aut Steckel, Jan Christoph aut Waisman, Henri aut Enthalten in Climatic change Springer Netherlands, 1977 114(2011), 1 vom: 30. Nov., Seite 39-57 (DE-627)130479020 (DE-600)751086-X (DE-576)016068610 0165-0009 nnns volume:114 year:2011 number:1 day:30 month:11 pages:39-57 https://doi.org/10.1007/s10584-011-0294-3 lizenzpflichtig Volltext GBV_USEFLAG_A SYSFLAG_A GBV_OLC SSG-OLC-UMW SSG-OLC-GEO SSG-OLC-IBL SSG-OPC-GGO GBV_ILN_11 GBV_ILN_22 GBV_ILN_40 GBV_ILN_62 GBV_ILN_70 GBV_ILN_154 GBV_ILN_601 GBV_ILN_2003 GBV_ILN_2006 GBV_ILN_4012 GBV_ILN_4305 GBV_ILN_4325 RA 1000 AR 114 2011 1 30 11 39-57 |
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Tavoni, Massimo De Cian, Enrica Luderer, Gunnar Steckel, Jan Christoph Waisman, Henri |
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the value of technology and of its evolution towards a low carbon economy |
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The value of technology and of its evolution towards a low carbon economy |
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Abstract This paper assesses the economic value associated with the development of various low-carbon technologies in the context of climate stabilization. We analyze the impact of restrictions on the development of specific mitigation technologies, comparing three integrated assessment models used in the RECIPE comparison exercise. Our results indicate that the diversification of the carbon mitigation portfolio is an important determinant of the feasibility of climate policy. Foregoing specific low carbon technologies raises the cost of achieving the climate policy, though at different rates. CCS and renewables are shown to have the highest value, given their flexibility and wide coverage. The costs associated with technology failure are shown to be related to the role that each technology plays in the stabilization scenario, but also to the expectations about their technological progress. In particular, the costs of restriction of mature technologies can be partly compensated by more innovation and technological advancement. © Springer Science+Business Media B.V. 2011 |
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Abstract This paper assesses the economic value associated with the development of various low-carbon technologies in the context of climate stabilization. We analyze the impact of restrictions on the development of specific mitigation technologies, comparing three integrated assessment models used in the RECIPE comparison exercise. Our results indicate that the diversification of the carbon mitigation portfolio is an important determinant of the feasibility of climate policy. Foregoing specific low carbon technologies raises the cost of achieving the climate policy, though at different rates. CCS and renewables are shown to have the highest value, given their flexibility and wide coverage. The costs associated with technology failure are shown to be related to the role that each technology plays in the stabilization scenario, but also to the expectations about their technological progress. In particular, the costs of restriction of mature technologies can be partly compensated by more innovation and technological advancement. © Springer Science+Business Media B.V. 2011 |
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Abstract This paper assesses the economic value associated with the development of various low-carbon technologies in the context of climate stabilization. We analyze the impact of restrictions on the development of specific mitigation technologies, comparing three integrated assessment models used in the RECIPE comparison exercise. Our results indicate that the diversification of the carbon mitigation portfolio is an important determinant of the feasibility of climate policy. Foregoing specific low carbon technologies raises the cost of achieving the climate policy, though at different rates. CCS and renewables are shown to have the highest value, given their flexibility and wide coverage. The costs associated with technology failure are shown to be related to the role that each technology plays in the stabilization scenario, but also to the expectations about their technological progress. In particular, the costs of restriction of mature technologies can be partly compensated by more innovation and technological advancement. © Springer Science+Business Media B.V. 2011 |
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