22 Result(s)
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Article
Financing negative emissions leads to windfall profits and inequality at net zero
Funding large-scale negative emissions through a carbon market designed for traditional emission reduction strategies risks exacerbating long-term economic inequality. We suggest exploring alternative financin...
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Inequality repercussions of financing negative emissions
Negative emissions technologies are attracting the interest of investors in the race to make them effective and profitable. When deployed at scale, they will be financed through public funds, reducing the fisc...
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Article
Using large ensembles of climate change mitigation scenarios for robust insights
As they gain new users, climate change mitigation scenarios are playing an increasing role in transitions to net zero. One promising practice is the analysis of scenario ensembles. Here we argue that this prac...
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Publisher Correction: The cost of mitigation revisited
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Cost and attainability of meeting stringent climate targets without overshoot
Global emissions scenarios play a critical role in the assessment of strategies to mitigate climate change. The current scenarios, however, are criticized because they feature strategies with pronounced oversh...
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The cost of mitigation revisited
Estimates of economic implications of climate policy are important inputs into policy-making. Despite care to contextualize quantitative assessments of mitigation costs, one strong view outside academic climat...
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Net zero-emission pathways reduce the physical and economic risks of climate change
Mitigation pathways exploring end-of-century temperature targets often entail temperature overshoot. Little is known about the additional climate risks generated by overshooting temperature. Here we assessed t...
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Integrated perspective on translating biophysical to economic impacts of climate change
Estimates of climate change’s economic impacts vary widely, depending on the applied methodology. This uncertainty is a barrier for policymakers seeking to quantify the benefits of mitigation. In this Perspect...
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Article
Real-time feedback on electricity consumption: evidence from a field experiment in Italy
Smart meters can help citizens in optimizing energy consumption patterns. However, mixed evidence exists on their effectiveness in reducing energy demand and especially in levelling off the daily peaks of elec...
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The public costs of climate-induced financial instability
Recent evidence suggests that climate change will significantly affect economic growth and several productive elements of modern economies, such as workers and land1–4. Although historical records indicate that e...
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Author Correction: Country-level social cost of carbon
In the version of this Article originally published, owing to a code error, the CSCC values for all income-dependent (that is, rich-poor) impact model specifications were incorrect, showing higher values relat...
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Article
Mitigation scenarios must cater to new users
Climate change mitigation scenarios are finding a wider set of users, including companies and financial institutions. Increased collaboration between scenario producers and these new communities will be mutual...
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Article
Country-level social cost of carbon
The social cost of carbon (SCC) is a commonly employed metric of the expected economic damages from carbon dioxide (CO2) emissions. Although useful in an optimal policy context, a world-level approach obscures th...
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Residual fossil CO2 emissions in 1.5–2 °C pathways
The Paris Agreement—which is aimed at holding global warming well below 2 °C while pursuing efforts to limit it below 1.5 °C—has initiated a bottom-up process of iteratively updating nationally determined cont...
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Towards demand-side solutions for mitigating climate change
Research on climate change mitigation tends to focus on supply-side technology solutions. A better understanding of demand-side solutions is missing. We propose a transdisciplinary approach to identify demand-...
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Scenarios towards limiting global mean temperature increase below 1.5 °C
The 2015 Paris Agreement calls for countries to pursue efforts to limit global-mean temperature rise to 1.5 °C. The transition pathways that can meet such a target have not, however, been extensively explored....
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Article
Correction: Corrigendum: COP21 climate negotiators' responses to climate model forecasts
Nature Climate Change 7, 185–189 (2017); published online 6 February 2017; corrected after print 2 March 2017. In the version of this Letter originally published, references 3 and 19 contained errors in the au...
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Article
COP21 climate negotiators’ responses to climate model forecasts
Communicating climate science requires depicting uncertainty. This study shows that the tendency for COP21 policymakers to assign model forecasts less weight than their prior beliefs when making predictions is...
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Economic tools to promote transparency and comparability in the Paris Agreement
Results from four integrated assessment models show countries’ efforts to cut emissions fall towards the lower end of the social cost of carbon distribution, suggesting insufficient levels of ambition to meet ...
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Article
Long history of IAM comparisons
