Climate Policy

Abstract: Energy transition scenarios are characterized by increasing electrification and improving efficiency of energy end uses, rapid decarbonization of the electric power sector, and deployment of carbon dioxide removal (CDR) technologies to offset remaining emissions. Although hydrocarbon fuels typically decline in such scenarios, significant volumes remain in many scenarios even at the time of net-zero emissions. While scenarios rely on different approaches for decarbonizing remaining fuels, the underlying drivers for these differences are unclear.

Here we develop several illustrative net-zero systems in a simple structural energy model and show that, for a given set of final energy demands, assumptions about the use of biomass and CO2 sequestration drive key differences in how emissions from remaining fuels are mitigated.

Limiting one resource may increase reliance on another, implying that decisions about using or restricting resources in pursuit of net-zero objectives could have significant tradeoffs that will need to be evaluated and managed.

At the XLVI (46th) MIT Global Change Forum on March 28-29, 2024, more than 100 attendees from industry, academia, government and NGOs gathered at the Samberg Conference Center on the MIT campus to explore climate change trends, physical and economic climate impacts, and policy and communications strategies to accelerate climate action as global temperatures continue to soar.  

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