Change in real income from the Baseline for the 450 Delayed Action and 550 Core scenarios, 2050
Figure 3.24. Change in real income from the Baseline for the 450 Delayed Action and 550 Core scenarios, 2050 2% 1450 delayed 550 ppm 0% -2% 4% -6% -8% -10% -12% -14% -16% -18% -20% ОECD-A1 Rest of BRIICS Russia & RoW World Rest of A1 Source: OECD Environmental Outlook projections, output from ENV-Linkages. Actions needed for an ambitious, global climate policy framework The first and best solution to address the competitiveness concems described above would be a global, comprehensive and ambitious climate policy framework that creates a level playing field, covering all sectors and all GHGS (Agrawala et al., 2010a). Broadening the scope of mitigation action also reduces the related problem of carbon leakage – when mitigation policy in one country leads to increased emissions in other countries, thereby eroding the environmental effectiveness of the policy. Leakage can occur through a shift in economic activity towards unregulated countries, or through increased fossil energy use in unregulated countries as a result of lower international fuel prices in response to the reduced energy demand in mitigating countries.
Change in real income from the Baseline for the 450 Delayed Action and 550 Core scenarios, 2050
Source
http://www.y...v17LGhTSGgCategory
EnvironmentGet a Quote