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The MIT Industrial Liaison Program (ILP) defines sustainability as “the capacity to endure – to consume, grow, and thrive—but not to be consumed and perish in the process.” On March 9, 2021, The ILP held a webinar on sustainability research at MIT, an Institute-wide endeavor that spans materials science, energy, recycling, economic policy, urban planning and other fields.

Abstract: We explore the performance of an addition to U.S. climate policy using authority under Section 115 of the Clean Air Act, with special attention to distributional effects among the states. This portion of the Act concerns trans-boundary air pollution, and under its provisions a national greenhouse target could be allocated among the states, with the details of state implementation optionally guided by a model rule as under other provisions of the Act. With trading allowed among the states, such a measure could lead to a national price on the covered gases. While we adopt features of a possible Section 115 implementation, the analysis is applicable to similar cap-and-trade programs that might be adopted under other authorities.

We investigate the implications of such a policy using MIT’s U.S. Regional Energy Policy (USREP) model, with its electric sector replaced by the Renewable Energy Development System (ReEDS) model developed by the U.S. National Renewable Energy Laboratory. Existing federal and state climate policies are assumed to remain in place, and a national constraint on CO2 emissions is applied to achieve 45% or 50% reductions below the 2005 level by 2030. We apply the policies in a Baseline and a Low-Cost Baseline, the latter with more aggressive assumptions of technology cost improvements. The U.S. is aggregated to 18 individual states and 12 multi-state regions, and the effects of the national emissions restriction are investigated under three alternative methods by which the EPA might allocate these targets among the states.

We find the cost of achieving either target to be modest - allowing for nearly identical economic growth, even without taking account of air quality and climate benefits. The alternative allocation methods generate varying per capita revenue outcomes among states and regions and drive most of the welfare impact through a direct income effect. It is assumed that states distribute permit revenue to their residents in equal lump-sum payments, which leads to net benefits to lower income households. Under the Low-Cost Baseline, carbon prices in 2030 are about ⅓ those in the Baseline, and the welfare effects are negligible. Considering climate benefits evaluated using the social cost of carbon and particulate matter air pollution health benefits, less the mitigation costs, we find net benefits to the U.S. in all cases, with slightly larger net benefits with the 50% reduction below 2005 emissions.

Abstract: Climate change poses both risks and opportunities for business, now and in the future. However, investors, lenders, and insurers currently lack quantitative tools to view which companies will endure or flourish, and which companies are resilient or not. Measuring, managing, and reporting environmental impacts is not only important for the planet and the communities in which we work, but also essential for the future growth of our businesses. Among the key climate-related risks to society and business in particular are hydroclimatic risks (i.e., flood and drought). Projecting change in these risks are essential for the design, operation and management of public and private infrastructures. This is particularly true for large multi-national enterprises where their infrastructure and supply chains are located and connected across a wide-range of hydro-climatic zones. For the most part, public infrastructure in the industrial nations and private multinational production facilities have been designed to address current hydroclimatic risks. Regardless of these measures, we are faced with an unavoidable changing environment, which will alter hydro-climatic extremes and risks.

In light of these considerations, the primary objectives of this endeavor are to assess the change in hydro-climatic risks to the global landscape of a corporation’s infrastructure by providing: (1) weather and climate-induced impacts across the global hydrologic and water resources system; (2) conditions leading to weather, climate, and hydrologic extremes and their resultant hazards; and (3) risk-based projections of these changes for a selection of key facilities and supply-chain junctures. 

The analysis presented is performed on the actual global facilities of an anonymous global corporation, which hereafter will be referred to as GloCorp. A risk-based Indicator framework is developed. The framework utilizes an ensemble of hybrid frequency distribution (HFD) climate scenarios from the MIT Earth Systems Model with an enhanced version of the World Bank’s Climate Risk Hydro Indictors. The results suggest that by 2030, 61% of all facilities face a Medium or High Climate Risk. However, as climate change intensifies over the coming century, the impact on GloCorp’s facilities increases. By 2050, it is projected that 90% of all facilities face a Medium or High Climate Risk.

Abstract: Emissions of ozone-depleting substances, including trichlorofluoromethane (CFC11), have decreased since the mid-1980s in response to the Montreal Protocol. In recent years, an unexpected increase in CFC-11 emissions beginning in 2013 has been reported, with much of the global rise attributed to emissions from eastern China.

Here we use high-frequency atmospheric mole fraction observations from Gosan, South Korea and Hateruma, Japan, together with atmospheric chemical transport-model simulations, to investigate regional CFC-11 emissions from eastern China. We find that CFC-11 emissions returned to pre-2013 levels in 2019 (5.0 ± 1.0 gigagrams per year in 2019, compared to 7.2 ± 1.5 gigagrams per year for 2008–2012, ±1 standard deviation), decreasing by 10 ± 3 gigagrams per year since 2014–2017. Furthermore, we find that in this region, carbon tetrachloride (CCl4) and dichlorodifluoromethane (CFC-12) emissions—potentially associated with CFC-11 production—were higher than expected after 2013 and then declined one to two years before the CFC-11 emissions reduction.

This suggests that CFC-11 production occurred in eastern China after the mandated global phase-out, and that there was a subsequent decline in production during 2017–2018. We estimate that the amount of the CFC-11 bank (the amount of CFC-11 produced, but not yet emitted) in eastern China is up to 112 gigagrams larger in 2019 compared to pre-2013 levels, probably as a result of recent production. Nevertheless, it seems that any substantial delay in ozone-layer recovery has been avoided, perhaps owing to timely reporting and subsequent action by industry and government in China.

A potent ozone-depleting chemical whose emissions unexpectedly spiked in recent years has quickly dropped back to much lower levels, putting the recovery of the stratospheric ozone layer back on track, according to a new study by scientists at MIT, the University of Bristol, and other institutions in South Korea, the U.S., Japan, Australia, and Switzerland.

Abstract: The Turkish power sector achieved a rapid growth after the 1990s in line with economic growth and even beyond. However, this development was not supported by domestic resources and therefore culminated in a high dependency on imported fossil fuels. Over and above, the governments were slow of the mark in introducing policies for increasing the share of renewable energy. Nevertheless, even late actions of the government, as well as significant decreases in the cost of wind and especially solar technologies, have recently brought the Turkish power sector in a promising state. In this study, a large-scale generation expansion power system model (TR-Power) with a high temporal resolution (hours) is developed for the Turkish power generation sector. Several prospective scenarios (high penetration of renewable resources, limiting constraints on GHG emissions, and changes in subsidy schemes on renewable and local resources) were analyzed for assessing their environmental and economic impacts. The results indicate that a transition to a low-carbon power grid with around half of the electricity demand satisfied by renewable resources over a 25-year period would be possible with annual investments of 4.25 to 7.10 Billion 2019 US$. Moreover, TR-Power indicates that the shadow price of CO2 emissions in the power sector will be around 13.8 and 34.0 $/per tCO2 by 2042 under 30% and 40% emission reduction targets relative to the reference scenario.

Abstract: To meet the long-term goals of the Paris Agreement, the global energy system needs to transition to a radically different fuel mix than currently in use. We analyze temperature implications of three scenarios of energy transformation developed by Shell International. The Islands and Waves scenarios explore the world development without any specific focus on a pre-determined temperature target. The Islands scenario envisions the world focused on nationalism and own security in a context of steady technological development, while the Waves scenario examines the world that focuses on development first and foremost and only changes late to address climate. The Sky 1.5 scenario explores the challenge of moving to a global economy with net-zero greenhouse gas (GHG) emissions in the second half of the century (specifically by the year of 2067). Using the MIT Integrated Global System Modeling (IGSM) framework, we simulate 400-member ensembles, reflecting uncertainty in the Earth system response, of global temperature change associated with each scenario by 2100 (mean of 2096-2100) relative to pre-industrial (mean of 1850-1900) levels. We find that for the median climate parameters, the global surface temperature increase is 2.52°C for the Islands scenario, 2.28°C for the Waves scenario, and 1.47°C for the Sky 1.5 scenario. The likely (33%-66%) range in 2100 is 2.40-2.64°C for the Islands scenario, 2.19-2.43°C for the Waves scenario, and 1.40-1.59°C for the Sky 1.5 scenario.

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