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Pledges for climate mitigation: the effects of the Copenhagen accord on CO 2 emissions and mitigation costs

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The UN Framework Convention of Climate Change 15th Conference of the Parties Copenhagen Accord has been followed up by national pledges of greenhouse gas emissions reductions in the year 2020 without specifying measures to enforce actions. As a consequence, the capacity of parties to fulfil their obligations is of basic interest. This article outlines the effects of full compliance with pledges on greenhouse gas emissions, economic growth, and trade. The study is based on the global computable general equilibrium model global responses to anthropogenic changes in the environment (GRACE) distinguishing between fossil and non-fossil energy use. Global emissions from fossil fuels in 2020 turn out to be 15 % lower than in a business as usual scenario and 3 % below the global emissions from fossil fuels in 2005. China and India increase their emissions to 1 % and 5 % above business as usual levels in 2020. India and Russia increase their net export of steel corresponding to around 30 and 45 % of their production levels in 2020. In spite of some leakage of energy intensive production also to China, we find that structural change remains the dominant factor behind the rapid reduction of CO 2 emission intensity in China towards 2020. Copyright The Author(s) 2013

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  • Solveig Glomsrød & Taoyuan Wei & Knut Alfsen, 2013. "Pledges for climate mitigation: the effects of the Copenhagen accord on CO 2 emissions and mitigation costs," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 18(5), pages 619-636, June.
    • Handle: RePEc:spr:masfgc:v:18:y:2013:i:5:p:619-636
    DOI: 10.1007/s11027-012-9378-2
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    1. Jotzo, Frank, 2010. "Comparing the Copenhagen emissions targets," Working Papers 249378, Australian National University, Centre for Climate Economics & Policy.
    2. Warwick J. Mckibbin & Adele C. Morris & Peter J. Wilcoxen, 2011. "Comparing Climate Commitments: A Model-Based Analysis Of The Copenhagen Accord," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 2(02), pages 79-103.
    3. Peterson, Everett B. & Schleich, Joachim & Duscha, Vicki, 2011. "Environmental and economic effects of the Copenhagen pledges and more ambitious emission reduction targets," Energy Policy, Elsevier, vol. 39(6), pages 3697-3708, June.
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    6. Joeri Rogelj & Julia Nabel & Claudine Chen & William Hare & Kathleen Markmann & Malte Meinshausen & Michiel Schaeffer & Kirsten Macey & Niklas Höhne, 2010. "Copenhagen Accord pledges are paltry," Nature, Nature, vol. 464(7292), pages 1126-1128, April.
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    2. Wei, Taoyuan & Zhu, Qin & Glomsrød, Solveig, 2018. "How Will Demographic Characteristics of the Labor Force Matter for the Global Economy and Carbon Dioxide Emissions?," Ecological Economics, Elsevier, vol. 147(C), pages 197-207.
    3. Wei Li & Zhijie Jia, 2017. "Carbon tax, emission trading, or the mixed policy: which is the most effective strategy for climate change mitigation in China?," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 22(6), pages 973-992, August.
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    5. Wei, Taoyuan & Liu, Yang, 2017. "Estimation of global rebound effect caused by energy efficiency improvement," Energy Economics, Elsevier, vol. 66(C), pages 27-34.
    6. Babatunde, Kazeem Alasinrin & Begum, Rawshan Ara & Said, Fathin Faizah, 2017. "Application of computable general equilibrium (CGE) to climate change mitigation policy: A systematic review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 78(C), pages 61-71.
    7. Yang Liu & Taoyuan Wei, 2016. "Linking the emissions trading schemes of Europe and China - Combining climate and energy policy instruments," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 21(2), pages 135-151, February.
    8. Lining Wang & Wenying Chen & XunZhang Pan & Nan Li & Huan Wang & Danyang Li & Han Chen, 2018. "Scale and benefit of global carbon markets under the 2 °C goal: integrated modeling and an effort-sharing platform," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 23(8), pages 1207-1223, December.

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