Technological Forecasting & Social Change Carbon lock-in through capital stock inertia associated with weak near-term climate policies
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چکیده
منابع مشابه
Carbon Lock-In: Types, Causes, and Policy Implications
Existing technologies, institutions, andbehavioral norms together act to constrain the rate and magnitude of carbon emissions reductions in the coming decades. The inertia of carbon emissions due to such mutually reinforcing physical, economic, and social constraints is referred to as carbon lock-in. Carbon lock-in is a special case of path dependency, which is common in the evolution of comple...
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Policymakers have good reasons to favor capital-based policies – such as CAFE standards or feebates programs – over a carbon price. A carbon price minimizes the discounted cost of a climate policy, but may result in existing capital being under-utilized or scrapped before its scheduled lifetime, hurt the workers that depend on it, and inflict an immediate income drop. Capital-based policies avo...
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Following the UN Framework Convention on Climate Change [1], countries will negotiate in Kyoto this December an agreement to mitigate greenhouse gas emissions. Here we examine optimal CO2 policies, given long-term constraints on atmospheric concentrations. Our analysis highlights the interplay of uncertainty and socioeconomic inertia. We find that the ‘integrated assessment’ models so far appli...
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Determinants of adaptive and mitigative capacities (e.g., availability of technological options, and access to economic resources, social capital and human capital) largely overlap. Several factors underlying or related to these determinants are themselves indicators of sustainable development (e.g., per capita income; and various public health, education and research indices). Moreover, climat...
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تاریخ انتشار 2014