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SCENARIO WITH A 1'170 GT-CO2 CUMULATIVE EMISSIONS BUDGET, AND DAC

An SCEB at 1'170 GT CO2

We assume that a global climate agreement has been reached that will limit the cumulative emissions budget from 2020 on to 1170 Gigatons of CO2.

CO2 PRICE

A market for carbon exists. The emissions budget is split among the coalition as follows: OECD 10%, BRIC 40%, ROW 50%.

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PRODUCTION

ROW is overtaking OECD in output, by 2060.

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SCEB decline

All the emission rights initially granted to the three coalitions of countries will have been used after a century. After that, emissions will have to be fully offset by negative emissions (DAC).

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GHG and Negative Emissions

Global emissions per year (E) and DAC Activity (negative emissions expressed in Gt of CO2 captured and sequestered per year).

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SAT Increase

The average atmospheric surface temperature will increase by no more than 2 degrees Celsius by the end of the century and will stabilize after that.

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Per Capita Consumption

The per capita consumption increases slowly for ROW, increases slowly, and then decreases for BRIC, grows, and then reduces significantly for OECD.

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Operations research
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ORDECSYS is a research and consultancy firm created in 2003 by professors and researchers from the University of Geneva. Since then, it has been providing methods and tools for techno-economic analysis within the framework of international research and consultancy contracts. ORDECSYS is specialized in systems optimization, decision under uncertainty and risk management. ORDECSYS applies these methods, in particular to modeling the energy transition and the economics of climatic change.

Expertise

Energy transition
Climate change economics
Economic impact assessment
Systems simulation and optimization
Robust decision analysis