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Understanding Transatlantic Differences

New in Weathervane
Link to RFF Discussion Paper

Technology Prizes for Climate Change Mitigation
Richard G. Newell and Nathan E. Wilson
Discussion Paper 05-33
June 2005

Link to RFF Discussion Paper

Environmental and Technology Policies for Climate Change and Renewable Energy
Carolyn Fischer and Richard G. Newell
Discussion Paper 04-05, April 2004
Revised June 2005

From RFF Press
Link to RFF Press Book
Climate Change
Economics and Policy:
An RFF Anthology

Michael A. Toman, editor
2001

 

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Role of Technology

A successful long-term strategy to mitigate climate change will require fundamentally different technologies than we employ today.  This is because any future stabilization of atmospheric CO2 concentrations—the underlying goal of the UNFCCC and a necessity to limit climate change consequences—requires almost zero net emissions.  Yet, the bulk of the world’s energy use in power and transportation comes from carbon-emitting fossil fuels.  In the power sector, nuclear energy provides an abundant, large-scale technological solution but seems unlikely to expand dramatically for other reasons.  In the transportation sector, there are no off-the-shelf, practical zero-emissions solutions.

Even before we reach a long-term zero-emissions outcome, there are a variety of near-term technologies that could help bridge the gap.  Hybrid and clean diesel vehicles, improved building technologies, combined heat and power applications—all promise lower energy use from conventional fossil sources.  Even though these technologies exist, they have not been widely deployed.

Given the need for both the development and the deployment of new technologies to address climate change, it is important to understand the R&D process, candidate technologies, and possible policy levers.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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