14.11.2017

# New Publications

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Heutel, Garth; et al. (2017): Solar Geoengineering, Uncertainty, and the Price of Carbon

Heutel, Garth; Moreno-Cruz, Juan; Shayegh, Soheil (2017): Solar Geoengineering, Uncertainty, and the Price of Carbon. In Journal of Environmental Economics and Management. DOI: 10.1016/j.jeem.2017.11.002.

"We consider the socially optimal use of solar geoengineering to manage climate change and its implications for carbon emissions abatement policy. We show that solar geoengineering is a substitute for emissions abatement; optimal policy includes less abatement, by up to eight percentage points, and has a lower carbon price, by up to fifteen percent, than recommended by models that ignore solar geoengineering. However, it is an imperfect substitute, since it reduces temperature without reducing atmospheric or ocean carbon concentrations."

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13.10.2017

# New Publications

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Emmerling, Johannes; Tavoni, Massimo (2017): Climate Engineering and Abatement. A ‘flat’ Relationship Under Uncertainty

"The potential of climate engineering to substitute or complement abatement of greenhouse gas emissions has been increasingly debated over the last years. The scientific assessment is driven to a large extent by assumptions regarding its effectiveness, costs, and impacts, all of which are profoundly uncertain. We investigate how this uncertainty about climate engineering affects the optimal abatement policy in the near term."

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07.08.2017

# New Publications

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Tavoni, Massimo; et al. (2017): Challenges and Opportunities for Integrated Modeling of Climate Engineering

Tavoni, Massimo; Bosetti, Valentina; Shayegh, Soheil; Drouet, Laurent; Emmerling, Johannes; Fuss, Sabine et al. (2017): Challenges and Opportunities for Integrated Modeling of Climate Engineering. Fondazione Eni Enrico Mattei (FEEM). Milan (Nota di Lavoro, 38.2017).

"By reviewing the existing literature and reporting the views of experts, we identify research gaps and priorities for improving the integrated assessment of climate engineering. Results point to differentiated roles of CDR and SRM as complementary strategies to the traditional ones, as well as diverse challenges for an adequate representation in integrated assessment models. We identify potential synergies for model development which can help better represent mitigation and adaptation challenges, as well as climate engineering."

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21.07.2017

# New Publications

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Moreno-Cruz, Juan B.; et al. (2017): An Economic Anatomy of Optimal Climate Policy

Moreno-Cruz, Juan B.; Wagner, Gernot; Keith, David W. (2017): An Economic Anatomy of Optimal Climate Policy. (HKS Faculty Research Working Paper Series, RWP17-028).

"This paper introduces geoengineering into an optimal control model of climate change economics. Together with mitigation and adaptation, carbon and solar geoengineering span the universe of possible climate policies. We show in the context of our model that: (i) a carbon tax is the optimal response to the unpriced carbon externality only if it equals the marginal cost of carbon geoengineering; (ii) the introduction of solar geoengineering leads to higher emissions yet lower temperatures, and, thus, increased welfare; and (iii) solar geoengineering, in effect, is a public goods version of adaptation that also lowers temperatures."

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07.06.2017

# Media

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ASU Now: Team launches initiative to develop viable market for waste carbon dioxide

"ASU partnering with Center for Carbon Removal, other research institutions to find economic opportunities in climate challenge."

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04.05.2017

# New Publications

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Solano Rodriguez, Baltazar; et al. (2016): Decarbonizing the EU energy system by 2050. An important role for BECCS

Solano Rodriguez, Baltazar; Drummond, Paul; Ekins, Paul (2016): Decarbonizing the EU energy system by 2050. An important role for BECCS. In Climate Policy 17 (sup1), S93-S110. DOI: 10.1080/14693062.2016.1242058.

"This article examines the implications for the EU’s energy system if an 80% reduction in CO2 emissions is to be achieved by 2050 against 1990 levels, using the European TIMES Model (ETM-UCL) to project a least-cost pathway that meets this CO2 constraint (‘Policy Success’), along with milestone targets for 2020. A Reference scenario (no CO2 constraints post-2020) was analysed to allow for comparison."

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21.04.2017

# Media

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Republic of East Vancouver: Carbon Dioxide Co2 Removal System Market Research Report Now Available at Research Corridor

"Research Corridor has published a new research study titled “Carbon Dioxide Co2 Removal System Market – Growth, Share, Opportunities, Competitive Analysis and Forecast, 2015 – 2022”. The Carbon Dioxide Co2 Removal System market report studies current as well as future aspects of the Carbon Dioxide Co2 Removal System Market based upon factors such as market dynamics, key ongoing trends and segmentation analysis. Apart from the above elements, the Carbon Dioxide Co2 Removal System Market research report provides a 360-degree view of the Carbon Dioxide Co2 Removal System industry with geographic segmentation, statistical forecast and the competitive landscape."

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27.02.2017

# New Publications

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Gunderson, Ryan; et al. (2017): Ideological obstacles to effective climate policy. The greening of markets, technology, and growth

Gunderson, Ryan; Stuart, Diana; Petersen, Brian (2017): Ideological obstacles to effective climate policy. The greening of markets, technology, and growth. In Capital & Class 2 (7), 030981681769212. DOI: 10.1177/0309816817692127.

"In light of the 2015 Paris Climate Agreement, this project synthesizes and advances critiques of the possibility of a sustainable capitalism by adopting an explicit ‘negative’ theory of ideology, understood as ideas that conceal contradictions through the reification and/or legitimation of the existing social order. Prominent climate change policy frameworks – the ‘greening’ of markets (market-corrective measures), technology (alternative energy, energy efficiency, and geoengineering), and growth (the green growth strategy) – are shown to conceal one or both of the two systemic socio-ecological contradictions inherent in the current social formation."

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11.02.2017

# Political Papers

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Bollen, Johannes; Aalbers, Rob (2017): Biomass-Energy with Carbon Capture and Storage Should Be Used Immediately

Bollen, Johannes; Aalbers, Rob (2017): Biomass-Energy with Carbon Capture and Storage Should Be Used Immediately. CPB Netherlands Beureau for Economic Policy Analysis (CPB Policy Brief, 2017/02).

"The European Union aims at reducing its greenhouse gas emissions in 2050 by 80-95% in order to prevent climate change. In this Policy Brief we analyse the potential role of negative-emissions technology in reducing these emissions."

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10.02.2017

# New Publications

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Altvater, Elmar (2016): The Capitalocene, or, Geoengineering against Capitalism’s Planetary Boundaries

Altvater, Elmar (2016): The Capitalocene, or, Geoengineering against Capitalism’s Planetary Boundaries. In Jason W. Moore (Ed.): Anthropocene or Capitalocene? Nature, history, and the crisis of capitalism. Oakland, CA: PM Press (Kairos), pp. 138–152.

"Today’s great questions are about how capitalism works through, and actively creates, planetary nature."

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