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Emission budgets and pathways consistent with limiting warming to 1.5 °C
The Paris Agreement has opened debate on whether limiting warming to 1.5 °C is compatible with current emission pledges and warming of about 0.9 °C from the mid-nineteenth century to the presentExpand
The Kyoto Protocol: A Guide and Assessment
This work provides a detailed discussion on the history, terms and implications of the Kyoto Protocol 1997. It explains the meaning of provision on emissions trading and other flexibility mechanisms,Expand
Technology Innovation and Climate Change Policy: an overview of issues and options
Achieving deep reductions in greenhouse gas (GHG) emissions at accept- Michael GRUBB able social cost will involve far-reaching technological change in the energy and in other sectors. Indeed, atExpand
Diversity and Security in UK Electricity Generation: The Influence of Low Carbon Objectives
We explore the relationship between low carbon objectives and the strategic security of electricity in the context of the UK Electricity System. We consider diversity of fuel source mix to representExpand
Auctioning of EU ETS phase II allowances: how and why?
Abstract The European Directive on the EU ETS allows governments to auction up to 10% of the allowances issued in phase II 2008–2012, without constraints being specified thereafter. This articleExpand
Induced Technical Change in Energy and Environmental Modeling: Analytic Approaches and Policy Implications
▪ Abstract Technical change in the energy sector is central for addressing long-term environmental issues, including climate change. Most models of energy, economy, and the environment (E3 models)Expand
Induced Technological Change: Exploring its Implications for the Economics of Atmospheric Stabilization Synthesis Report from the Innovation Modeling Comparison Project
This paper summarizes results from ten global economy-energy-environment models implementing mechanisms of endogenous technological change (ETC). Climate policy goals represented as different CO2Expand
Allocation and competitiveness in the EU emissions trading scheme: policy overview
Abstract The European emissions trading scheme (EU ETS) has an efficient and effective market design that risks being undermined by three interrelated problems: the approach to allocation; theExpand
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