Mitigation Costs in a Globalized World: Climate Policy Analysis with REMIND-R

Mitigation costs in a globalized world: climate policy analysis with REMIND-R

Within this paper, we present the novel hybrid model REMIND-R and its application in a climate policy context based on the EU target to avoid a warming of the Earth’s atmosphere by more than 2◦C compared to the preindustrial level. This paper aims to identify necessary long-term changes in the energy system and the magnitude of costs to attain such a climate protection target under different de...

Role of technologies in energy-related CO2 mitigation in China within a climate-protection world: A scenarios analysis using REMIND

In a world with the need of climate protection through emission reduction, China’s domestic mitigation will be put on the national agenda. The large-scale deployment of innovative technologies induced by climate policies is a key determinant for reducing emissions in an effective and efficient manner. A distinguishing feature of the Chinese energy sector (especially electricity generation), is ...

Global Fossil Energy Markets and Climate Change Mitigation – an analysis with REMIND

Designing Climate Mitigation Policy

Global warming is one of the most critical, and also most daunting, challenges facing policymakers in the twenty-first century. Assessing a globally efficient time path for pricing or controlling greenhouse gas (GHG) emissions is difficult enough, with huge scientific uncertainties, disagreement over the ultimate goals of climate policy, and disagreement over which countries should bear most re...

An Analysis with ReMIND

The present study analyzes the deployment of technologies to reduce CO2 emission in the global energy sector and the implied costs using the energy-economy-climate model ReMIND. The results depend on the policy chosen for inducing changes of investments. Climate policies price emissions and therefore induce changes of investments. The mitigation costs of less than 1% of GDP are relatively small...