气候变化领域集成服务门户(CCPortal): Stranded asset implications of the Paris Agreement in Latin America and the Caribbean

CCPortal

DOI	10.1088/1748-9326/ab506d
	Stranded asset implications of the Paris Agreement in Latin America and the Caribbean
	Binsted M.; Iyer G.; Edmonds J.; Vogt-Schilb A.; Arguello R.; Cadena A.; Delgado R.; Feijoo F.; Lucena A.F.P.; McJeon H.; Miralles-Wilhelm F.; Sharma A.
发表日期	2020
ISSN	17489318
卷号	15 期号:4
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. © 2020 The Author(s). Published by IOP Publishing Ltd.
英文关键词	Integrated assessment modeling; Latin america; Paris agreement; Stranded assets
语种	英语
scopus关键词	Carbon; Developing countries; Food supply; Investments; Land use; Developing regions; Food security; Integrated assessment models; Investment decisions; Latin America and the Caribbean; Low emission; Power sector; Useful lifetime; Economics; emission control; food security; international agreement; investment; mitigation; retirement; standard (regulation); Latin America
来源期刊	Environmental Research Letters
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/154063
作者单位	Joint Global Change Research Institute, University of Maryland and Pacific Northwest National Laboratory, College Park, MD, United States; Inter-American Development Bank, Washington DC, United States; Universidad Del Rosario, Bogotá, Colombia; Universidad de Ibague, Ibague, Colombia; Universidad de Los Andes, Bogotá, Colombia; School of Industrial Engineering, Pontificia Universidad Católica de Valparaíso, Valparaíso, Chile; Energy Planning Program, Graduate School of Engineering, Universidade Federal Do Rio de Janeiro, Brazil; University of Maryland, College Park, MD, United States; Nature Conservancy, Miami, FL, United States
推荐引用方式 GB/T 7714	Binsted M.,Iyer G.,Edmonds J.,et al. Stranded asset implications of the Paris Agreement in Latin America and the Caribbean[J],2020,15(4).
APA	Binsted M..,Iyer G..,Edmonds J..,Vogt-Schilb A..,Arguello R..,...&Sharma A..(2020).Stranded asset implications of the Paris Agreement in Latin America and the Caribbean.Environmental Research Letters,15(4).
MLA	Binsted M.,et al."Stranded asset implications of the Paris Agreement in Latin America and the Caribbean".Environmental Research Letters 15.4(2020).