Creating global scenarios of environmental impacts with structural economic models
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To limit the effects of climate change, global average
temperature since pre-industrial measurements are to be kept well below 2 °C
preferably even at 1.5 °C. The 2 °C limit and certainly the 1.5 °C target
means that substantial GHG emission reductions should be realized already by
2050. How these emission reductions should be achieved is unclear. At least
it is clear that the use of fossil fuels should be reduced. It is important
to know if indeed the introduction of the renewable energy technologies can
achieve the deep GHG emission reduction that are required in 30 years’ time
against a backdrop of population growth and economic growth. Therefore we
investigated the effects of the introduction of renewable technologies on GHG
emissions and resource use until 2050. The principal global
economy-environment model used in this investigation is based on a global
multi-regional environmentally extended input-output framework which might be
called a structural economic model. Because long-term socio-economic and
technological developments cannot be predicted several scenarios with
different penetration rates of low carbon and renewable energy technologies
and resulting GHG emissions and resource use have been implemented in the
structural economic model.