2021, Strefler, Jessica, Kriegler, Elmar, Bauer, Nico, Luderer, Gunnar, Pietzcker, Robert C., Giannousakis, Anastasis, Edenhofer, Ottmar

The large majority of climate change mitigation scenarios that hold warming below 2 °C show high deployment of carbon dioxide removal (CDR), resulting in a peak-and-decline behavior in global temperature. This is driven by the assumption of an exponentially increasing carbon price trajectory which is perceived to be economically optimal for meeting a carbon budget. However, this optimality relies on the assumption that a finite carbon budget associated with a temperature target is filled up steadily over time. The availability of net carbon removals invalidates this assumption and therefore a different carbon price trajectory should be chosen. We show how the optimal carbon price path for remaining well below 2 °C limits CDR demand and analyze requirements for constructing alternatives, which may be easier to implement in reality. We show that warming can be held at well below 2 °C at much lower long-term economic effort and lower CDR deployment and therefore lower risks if carbon prices are high enough in the beginning to ensure target compliance, but increase at a lower rate after carbon neutrality has been reached.

2016, Kriegler, Elmar, Bauer, Nico, Popp, Alexander, Humpenöder, Florian, Leimbach, Marian, Strefler, Jessica, Baumstark, Lavinia, Bodirsky, Benjamin Leon, Hilaire, Jérôme, Klein, David, Mouratiadou, Ioanna, Weindl, Isabelle, Bertram, Christoph, Dietrich, Jan-Philipp, Luderer, Gunnar, Pehl, Michaja, Pietzcker, Robert, Piontek, Franziska, Lotze-Campen, Hermann, Biewald, Anne, Bonsch, Markus, Giannousakis, Anastasis, Kreidenweis, Ulrich, Müller, Christoph, Rolinski, Susanne, Schultes, Anselm, Schwanitz, Jana, Stevanovic, Miodrag, Calvin, Katherine, Emmerling, Johannes, Fujimori, Shinichiro, Edenhofer, Ottmar

This paper presents a set of energy and resource intensive scenarios based on the concept of Shared Socio-Economic Pathways (SSPs). The scenario family is characterized by rapid and fossil-fueled development with high socio-economic challenges to mitigation and low socio-economic challenges to adaptation (SSP5). A special focus is placed on the SSP5 marker scenario developed by the REMIND-MAgPIE integrated assessment modeling framework. The SSP5 baseline scenarios exhibit very high levels of fossil fuel use, up to a doubling of global food demand, and up to a tripling of energy demand and greenhouse gas emissions over the course of the century, marking the upper end of the scenario literature in several dimensions. These scenarios are currently the only SSP scenarios that result in a radiative forcing pathway as high as the highest Representative Concentration Pathway (RCP8.5). This paper further investigates the direct impact of mitigation policies on the SSP5 energy, land and emissions dynamics confirming high socio-economic challenges to mitigation in SSP5. Nonetheless, mitigation policies reaching climate forcing levels as low as in the lowest Representative Concentration Pathway (RCP2.6) are accessible in SSP5. The SSP5 scenarios presented in this paper aim to provide useful reference points for future climate change, climate impact, adaption and mitigation analysis, and broader questions of sustainable development.