The Clean Energy R&D Strategy for 2°C
| dc.creator | Marangoni, Giacomo | |
| dc.creator | Tavoni, Massimo | |
| dc.date | 2017-04-01T20:07:46Z | |
| dc.date.accessioned | 2026-07-09T07:40:33Z | |
| dc.description | This paper uses an integrated assessment model to quantify the climate R&D investment strategy for a variety of scenarios fully consistent with 2°C. We estimate the total climate R&D investment needs in approximately 1 USD Trillion cumulatively in the period 2010-2030, and 1.6 USD Trillions in the period 2030-2050. Most of the R&D would be carried out in industrialized countries initially, but would be evenly split after 2030. We also assess a ‘climate R&D deal’ in which countries cooperate on innovation in the short term, and find that an R&D agreement slightly underperforms a climate policy based on the extension of the Copenhagen pledges till 2030. Both policies are inferior to full cooperation on mitigation starting in 2020. A global agreement on clean energy innovation beyond 2030 without sufficiently stringent GHG emissions reduction policies is found to be incompatible with 2°C. | |
| dc.identifier | doi:10.22004/ag.econ.162376 | |
| dc.identifier | https://ageconsearch.umn.edu/record/162376/files/NDL2013-093.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/162376 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/590920 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/162376 | |
| dc.title | The Clean Energy R&D Strategy for 2°C | |
| dc.type | Text |