Upstream decarbonisation through a carbon takeback obligation: an affordable backstop climate policy
Joule Cell Press 5:11 (2021) 2777-2796
Abstract:
In the absence of immediate, rapid, and unprecedented reduction in global demand for carbon-intensive energy and products, the capture and permanent storage of billions of tons of carbon dioxide (CO2) annually will be needed before mid-century to meet Paris Agreement goals. Yet the focus on absolute emission reductions and cheaper, more temporary forms of carbon storage means that permanent CO2 disposal remains starved of investment, currently deployed to capture only about 0.1% of global Energy and Industrial Process (EIP) emissions. This stored fraction, the percentage of fossil EIP emissions that are captured and permanently stored, must reach 100% to stop EIP emissions causing further global warming. Here, we show that a cost-effective transition can occur by mandating an increasing stored fraction through a progressive carbon takeback obligation (CTBO) on fossil carbon producers and importers. By emulating the behavior of an integrated assessment model (IAM) and employing conservative assumptions for the costs of permanent carbon storage, we show that projected economy-wide costs of a CTBO policy are comparable to the costs associated with achieving similarly ambitious climate goals in IAMs employing a global carbon price, or potentially lower if the perceived policy risk cost associated with a CTBO is lower than that associated with a politically determined carbon price. Compared with a global carbon price, an upstream CTBO has advantages of simple governance, speed, and controllability: equivalent carbon prices under a CTBO are reliably capped by the cost of direct air capture and storage, by ensuring deployment keeps pace with continued fossil fuel use, reducing the risk of punitive carbon prices or more draconian measures being needed to drive out the final tranche of emissions. When combined with measures to reduce CO2 production in the near-term, a CTBO could deliver a viable pathway to achieving net-zero emissions consistent with 1.5°C by mid-century.Quantifying non-CO2 contributions to remaining carbon budgets
npj Climate and Atmospheric Science Springer Nature 4 (2021) 47
Abstract:
The IPCC Special Report on 1.5 °C concluded that anthropogenic global warming is determined by cumulative anthropogenic CO2 emissions and the non-CO2 radiative forcing level in the decades prior to peak warming. We quantify this using CO2-forcing-equivalent (CO2-fe) emissions. We produce an observationally constrained estimate of the Transient Climate Response to cumulative carbon Emissions (TCRE), giving a 90% confidence interval of 0.26–0.78 °C/TtCO2, implying a remaining total CO2-fe budget from 2020 to 1.5 °C of 350–1040 GtCO2-fe, where non-CO2 forcing changes take up 50 to 300 GtCO2-fe. Using a central non-CO2 forcing estimate, the remaining CO2 budgets are 640, 545, 455 GtCO2 for a 33, 50 or 66% chance of limiting warming to 1.5 °C. We discuss the impact of GMST revisions and the contribution of non-CO2 mitigation to remaining budgets, determining that reporting budgets in CO2-fe for alternative definitions of GMST, displaying CO2 and non-CO2 contributions using a two-dimensional presentation, offers the most transparent approach.Ensuring that offsets and other internationally transferred mitigation outcomes contribute effectively to limiting global warming
Environmental Research Letters IOP Publishing 16:7 (2021) 74009
Abstract:
Ensuring the environmental integrity of internationally transferred mitigation outcomes, whether through offset arrangements, a market mechanism or non-market approaches, is a priority for the implementation of Article 6 of the Paris Agreement. Any conventional transferred mitigation outcome, such as an offset agreement, that involves exchanging greenhouse gases with different lifetimes can increase global warming on some timescales. We show that a simple 'do no harm' principle regarding the choice of metrics to use in such transactions can be used to guard against this, noting that it may also be applicable in other contexts such as voluntary and compliance carbon markets. We also show that both approximate and exact 'warming equivalent' exchanges are possible, but present challenges of implementation in any conventional market. Warming-equivalent emissions may, however, be useful in formulating warming budgets in a two-basket approach to mitigation and in reporting contributions to warming in the context of the global stocktake.FaIRv2.0.0: a generalized impulse response model for climate uncertainty and future scenario exploration
Geoscientific Model Development Copernicus GmbH 14:5 (2021) 3007-3036
Abstract:
Here we present an update to the FaIR model for use in probabilistic future climate and scenario exploration, integrated assessment, policy analysis, and education. In this update we have focussed on identifying a minimum level of structural complexity in the model. The result is a set of six equations, five of which correspond to the standard impulse response model used for greenhouse gas (GHG) metric calculations in the IPCC's Fifth Assessment Report, plus one additional physically motivated equation to represent state-dependent feedbacks on the response timescales of each greenhouse gas cycle. This additional equation is necessary to reproduce non-linearities in the carbon cycle apparent in both Earth system models and observations. These six equations are transparent and sufficiently simple that the model is able to be ported into standard tabular data analysis packages, such as Excel, increasing the potential user base considerably. However, we demonstrate that the equations are flexible enough to be tuned to emulate the behaviour of several key processes within more complex models from CMIP6. The model is exceptionally quick to run, making it ideal for integrating large probabilistic ensembles. We apply a constraint based on the current estimates of the global warming trend to a million-member ensemble, using the constrained ensemble to make scenario-dependent projections and infer ranges for properties of the climate system. Through these analyses, we reaffirm that simple climate models (unlike more complex models) are not themselves intrinsically biased “hot” or “cold”: it is the choice of parameters and how those are selected that determines the model response, something that appears to have been misunderstood in the past. This updated FaIR model is able to reproduce the global climate system response to GHG and aerosol emissions with sufficient accuracy to be useful in a wide range of applications and therefore could be used as a lowest-common-denominator model to provide consistency in different contexts. The fact that FaIR can be written down in just six equations greatly aids transparency in such contexts.Nature-based solutions can help cool the planet — if we act now
Nature Nature Research 593:7858 (2021) 191-194