Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1088/1748-9326/ab506d |
Stranded asset implications of the Paris Agreement in Latin America and the Caribbean | |
Binsted, Matthew1,2; Iyer, Gokul1,2; Edmonds, James1,2; Vogt-Schilb, Adrien3; Arguello, Ricardo4,5; Cadena, Angela6; Delgado, Ricardo6; Feijoo, Felipe7; Lucena, Andre F. P.8; McJeon, Haewon1,2; Miralles-Wilhelm, Fernando9,10; Sharma, Anjali9 | |
2020-04-01 | |
发表期刊 | ENVIRONMENTAL RESEARCH LETTERS |
ISSN | 1748-9326 |
出版年 | 2020 |
卷号 | 15期号:4 |
文章类型 | Article |
语种 | 英语 |
国家 | USA; Colombia; Chile; Brazil |
英文摘要 | Achieving the Paris Agreement's near-term goals (nationally determined contributions, or NDCs) and long-term temperature targets could result in pre-mature retirement, or stranding, of carbon-intensive assets before the end of their useful lifetime. We use an integrated assessment model to quantify the implications of the Paris Agreement for stranded assets in Latin America and the Caribbean (LAC), a developing region with the least carbon-intensive power sector in the world. We find that meeting the Paris goals results in stranding of $37-90 billion and investment of $1.9-2.6 trillion worth of power sector capital (2021-2050) across a range of future scenarios. Strengthening the NDCs could reduce stranding costs by 27%-40%. Additionally, while politically shielding power plants from pre-mature retirement or increasing the role of other sectors (e.g. land-use) could also reduce power sector stranding, such actions could make mitigation more expensive and negatively impact society. For example, we find that avoiding stranded assets in the power sector increases food prices 13%, suggesting implications for food security in LAC. Our analysis demonstrates that climate goals are relevant for investment decisions even in developing countries with low emissions. |
英文关键词 | stranded assets Paris Agreement Latin America integrated assessment modeling |
领域 | 气候变化 |
收录类别 | SCI-E |
WOS记录号 | WOS:000525622900001 |
WOS关键词 | CLIMATE-CHANGE ; CAPITAL STOCK ; CO2 EMISSIONS ; SCENARIOS ; TARGETS ; IMPACT ; POLICY |
WOS类目 | Environmental Sciences ; Meteorology & Atmospheric Sciences |
WOS研究方向 | Environmental Sciences & Ecology ; Meteorology & Atmospheric Sciences |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/279272 |
专题 | 气候变化 |
作者单位 | 1.Univ Maryland, Joint Global Change Res Inst, College Pk, MD 20742 USA; 2.Pacific Northwest Natl Lab, College Pk, MD 20740 USA; 3.Interamer Dev Bank, Washington, DC USA; 4.Univ Rosario, Bogota, Colombia; 5.Univ Ibague, Ibague, Colombia; 6.Univ Los Andes, Bogota, Colombia; 7.Pontificia Univ Catolica Valparaiso, Sch Ind Engn, Valparaiso, Chile; 8.Univ Fed Rio de Janeiro, Energy Planning Program, Grad Sch Engn, Rio De Janeiro, Brazil; 9.Univ Maryland, College Pk, MD 20742 USA; 10.Nature Conservancy, Miami, FL USA |
推荐引用方式 GB/T 7714 | Binsted, Matthew,Iyer, Gokul,Edmonds, James,et al. Stranded asset implications of the Paris Agreement in Latin America and the Caribbean[J]. ENVIRONMENTAL RESEARCH LETTERS,2020,15(4). |
APA | Binsted, Matthew.,Iyer, Gokul.,Edmonds, James.,Vogt-Schilb, Adrien.,Arguello, Ricardo.,...&Sharma, Anjali.(2020).Stranded asset implications of the Paris Agreement in Latin America and the Caribbean.ENVIRONMENTAL RESEARCH LETTERS,15(4). |
MLA | Binsted, Matthew,et al."Stranded asset implications of the Paris Agreement in Latin America and the Caribbean".ENVIRONMENTAL RESEARCH LETTERS 15.4(2020). |
条目包含的文件 | 条目无相关文件。 |
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