Arbeitspapier

Regional carbon budgets: Do they matter for climate policy?

Carbon budgets have emerged as a robust metric of warming, but little is known about the usefulness of regional carbon budgets as indicators of policy. This article explores the potential of regional carbon budgets to inform climate policy. Using the large database of scenarios from IPCC AR5 WGIII, we show that regional budgets are important metrics of the long term contribution to climate change and the effort required to mitigate it. However, their value appears to be more limited for informing short term courses of actions, and for predicting the economic consequences of emission reduction policies.

Language
Englisch

Bibliographic citation
Series: Nota di Lavoro ; No. 71.2015

Classification
Wirtschaft
Climate; Natural Disasters and Their Management; Global Warming
Energy: General
Subject
Carbon Budgets
Climate Policy
IPCC

Event
Geistige Schöpfung
(who)
Tavoni, Massimo
van Vuuren, Detlef
Event
Veröffentlichung
(who)
Fondazione Eni Enrico Mattei (FEEM)
(where)
Milano
(when)
2015

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Tavoni, Massimo
  • van Vuuren, Detlef
  • Fondazione Eni Enrico Mattei (FEEM)

Time of origin

  • 2015

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