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Decarbonization Pathways
The Deep Decarbonization Pathways Project (DDPP) is a global consortium formed in October 2013 which researches methods to limit the rise of global temperature due to global warming to 2°C or less. The focus of the DDPP is on sustainable energy systems, other sectors of the economy, such as agriculture and land-use, are not directly considered. Methods Analyses of possible scenarios assume no major changes in culture and rely on existing technology. They assume no major changes in the lifestyles of people in developed countries and do not include possible future technologies such as nuclear fusion. Population growth of 1% per year and economic growth of 3% is assumed. Analyses show a need for continued research on energy technologies. The DDPP rejects an incrementalist approach to climate protection. Instead, meeting the climate change mitigation challenge (as set out in the 2015 Paris Agreement) will require backcasting to a suitable attractor, such as complete decarb ...
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Jeffrey Sachs
Jeffrey David Sachs () (born 5 November 1954) is an American economist, academic, public policy analyst, and former director of The Earth Institute at Columbia University, where he holds the title of University Professor. He is known for his work on sustainable development, economic development, and the fight to end poverty. Sachs is Director of the Center for Sustainable Development at Columbia University and President of the UN Sustainable Development Solutions Network. He is an SDG Advocate for United Nations (UN) Secretary-General António Guterres on the Sustainable Development Goals (SDGs), a set of 17 global goals adopted at a UN summit meeting in September 2015. From 2001 to 2018, Sachs served as Special Advisor to the UN Secretary General, and held the same position under the previous UN Secretary-General Ban Ki-moon and prior to 2016 a similar advisory position related to the earlier Millennium Development Goals (MDGs),
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Stranded Asset
Stranded assets are "assets that have suffered from unanticipated or premature write-downs, devaluations or conversion to liabilities". Stranded assets can be caused by a variety of factors and are a phenomenon inherent in the 'creative destruction' of economic growth, transformation and innovation; as such they pose risks to individuals and firms and may have systemic implications.Background Briefing, UNEP Inquiry into the Design of a Sustainable Financial System
UNEP. 2014
is expected to cause a significant increase in stranded assets for ...
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Open Energy Modelling Initiative
The Open Energy Modelling Initiative (openmod) is a grassroots community of energy system modellers from universities and research institutes across Europe and elsewhere. The initiative promotes the use of open-source software and open data in energy system modelling for research and policy advice. The Open Energy Modelling Initiative documents a variety of open-source energy models and addresses practical and conceptual issues regarding their development and application. The initiative runs an email list, an internet forum, and a wiki and hosts occasional academic workshops. A statement of aims is available. Context The application of open-source development to energy modelling dates back to around 2003. This section provides some background for the growing interest in open methods. Growth in open energy modelling Just two active open energy modelling projects were cited in a 2011 paper: OSeMOSYS and TEMOA. Balmorel was also public at that time, having been ma ...
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Energy Modeling Forum
The Energy Modeling Forum (EMF) is a structured forum for discussing important issues in energy and the environment. The EMF was established in 1976 at Stanford University. The EMF works through a series of ad hoc working groups, each focussing on a particular corporate or policy decision. The EMF provides a non-partisan platform that ensures objective consideration of opposing views. Participation is by invitation. Since the late-1990s, the EMF has made contributions to the economics of climate change, as witnessed in the reports of the Intergovernmental Panel on Climate Change (IPCC) and on integrated assessment modeling more generally. John Weyant is the current director of the EMF. Ethos The EMF was convened in 1976 over concerns that the insights that large-scale energy models could provide policymakers were being overshadowed by the "plethora of detailed quantitative results" being disseminated and discussed. As a result, the EMF sought to bring energy modelers tog ...
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Energy Modeling
Energy modeling or energy system modeling is the process of building computer models of energy systems in order to analyze them. Such models often employ scenario analysis to investigate different assumptions about the technical and economic conditions at play. Outputs may include the system feasibility, greenhouse gas emissions, cumulative financial costs, natural resource use, and energy efficiency of the system under investigation. A wide range of techniques are employed, ranging from broadly economic to broadly engineering. Mathematical optimization is often used to determine the least-cost in some sense. Models can be international, regional, national, municipal, or stand-alone in scope. Governments maintain national energy models for energy policy development. Energy models are usually intended to contribute variously to system operations, engineering design, or energy policy development. This page concentrates on policy models. Individual building energy simulati ...
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Climate Change Mitigation Scenarios
Climate change scenarios or socioeconomic scenarios are projections of future greenhouse gas (GHG) emissions used by analysts to assess future vulnerability to climate change. Scenarios and pathways are created by scientists to survey any long term routes and explore the effectiveness of mitigation and helps us understand what the future may hold this will allow us to envision the future of human environment system. Producing scenarios requires estimates of future population levels, economic activity, the structure of governance, social values, and patterns of technological change. Economic and energy modelling (such as the World3 or the POLES models) can be used to analyze and quantify the effects of such drivers. Scientists can develop separate international, regional and national climate change scenarios. These scenarios are designed to help stakeholders understand what kinds of decisions will have meaningful effects on climate change mitigation or adaptation. Most countries ...
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Climate Change Mitigation
Climate change mitigation is action to limit climate change by reducing Greenhouse gas emissions, emissions of greenhouse gases or Carbon sink, removing those gases from the atmosphere. The recent rise in global average temperature is mostly caused by emissions from fossil fuels burning (coal, oil, and natural gas). Mitigation can reduce emissions by energy transition, transitioning to sustainable energy sources, energy conservation, conserving energy, and Efficient energy use, increasing efficiency. In addition, can be carbon dioxide removal, removed from the atmosphere by carbon sink, enlarging forests, Wetland restoration, restoring wetlands and using other natural and technical processes, which are grouped together under the term of carbon sequestration. Solar energy and wind power have the highest climate change mitigation potential at lowest cost compared to a range of other options. Variable availability of sunshine and wind is addressed by energy storage and improved elec ...
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Gross Domestic Product
Gross domestic product (GDP) is a money, monetary Measurement in economics, measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjective nature this measure is often revised before being considered a reliable indicator. List of countries by GDP (nominal) per capita, GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation, inflation rates of the countries; therefore, using a basis of List of countries by GDP (PPP) per capita, GDP per capita at purchasing power parity (PPP) may be more useful when comparing standard of living, living standards between nations, while nominal GDP is more useful comparing national economies on the international market. Total GDP can also be broken down into the contribution of each industry or sector of the economy. The ratio of GDP to the total population of the region is the GDP per capita, p ...
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Backcasting
Backcasting is a planning method that starts with defining a desirable future and then works backwards to identify policies and programs that will connect that specified future to the present. The fundamentals of the method were outlined by John B. Robinson from the University of Waterloo in 1990.Robinson, John B. 1990. Futures under glass: a recipe for people who hate to predict ''Futures'', vol. 22, issue 8, pp. 820–842. The fundamental question of backcasting asks: "if we want to attain a certain goal, what actions must be taken to get there?" While forecasting involves predicting the future based on current trend analysis, backcasting approaches the challenge of discussing the future from the opposite direction; it is "a method in which the future desired conditions are envisioned and steps are then defined to attain those conditions, rather than taking steps that are merely a continuation of present methods extrapolated into the future". In statistics and data analysis, back ...
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Global Warming
In common usage, climate change describes global warming—the ongoing increase in global average temperature—and its effects on Earth's climate system. Climate change in a broader sense also includes previous long-term changes to Earth's climate. The current rise in global average temperature is more rapid than previous changes, and is primarily caused by humans burning fossil fuels. Fossil fuel use, deforestation, and some agricultural and industrial practices increase greenhouse gases, notably carbon dioxide and methane. Greenhouse gases absorb some of the heat that the Earth radiates after it warms from sunlight. Larger amounts of these gases trap more heat in Earth's lower atmosphere, causing global warming. Due to climate change, deserts are expanding, while heat waves and wildfires are becoming more common. Increased warming in the Arctic has contributed to melting permafrost, glacial retreat and sea ice loss. Higher temperatures are also causing m ...
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Paris Agreement
The Paris Agreement (french: Accord de Paris), often referred to as the Paris Accords or the Paris Climate Accords, is an international treaty on climate change. Adopted in 2015, the agreement covers climate change mitigation, Climate change adaptation, adaptation, and Climate finance, finance. The Paris Agreement was negotiated by 196 party (law), parties at the 2015 United Nations Climate Change Conference near Paris, France. As of September 2022, 194 members of the United Nations Framework Convention on Climate Change (UNFCCC) are parties to the agreement. Of the four UNFCCC member states which have not Ratification, ratified the agreement, the only major emitter is Iran. The United States withdrew from the Agreement in 2020, but rejoined in 2021. The Paris Agreement was opened for signature on 22 April 2016 (Earth Day) at a ceremony in New York (state), New York. After the European Union ratified the agreement, sufficient countries had ratified the Agreement responsible for ...
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Climate Change Mitigation
Climate change mitigation is action to limit climate change by reducing Greenhouse gas emissions, emissions of greenhouse gases or Carbon sink, removing those gases from the atmosphere. The recent rise in global average temperature is mostly caused by emissions from fossil fuels burning (coal, oil, and natural gas). Mitigation can reduce emissions by energy transition, transitioning to sustainable energy sources, energy conservation, conserving energy, and Efficient energy use, increasing efficiency. In addition, can be carbon dioxide removal, removed from the atmosphere by carbon sink, enlarging forests, Wetland restoration, restoring wetlands and using other natural and technical processes, which are grouped together under the term of carbon sequestration. Solar energy and wind power have the highest climate change mitigation potential at lowest cost compared to a range of other options. Variable availability of sunshine and wind is addressed by energy storage and improved elec ...
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