{"title":"Literature-informed likelihoods of future emissions and temperatures","authors":"Frank Venmans , Ben Carr","doi":"10.1016/j.crm.2024.100605","DOIUrl":null,"url":null,"abstract":"<div><p>How high should we build a dyke today, knowing that it will serve for more than 50 years? This depends on the probability distribution of future temperatures. We review the literature on estimates of future emissions for current/stated policy scenarios and current pledge scenarios. Reviewing expert elicitations, abatement costs of scenarios, learning rates of technologies, fossil fuel supply side dynamics and geoengineering, we argue that scenarios with emissions largely beyond current/stated policy scenarios and largely below current pledge scenarios are relatively unlikely. Based on this, we develop a literature-informed evaluation of the likelihoods of future temperature for use in Value at Risk stress tests in 2030, 2050 and 2100.</p></div>","PeriodicalId":54226,"journal":{"name":"Climate Risk Management","volume":"44 ","pages":"Article 100605"},"PeriodicalIF":4.8000,"publicationDate":"2024-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2212096324000226/pdfft?md5=5086bcb2b2a2895491c7217349a89e36&pid=1-s2.0-S2212096324000226-main.pdf","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Climate Risk Management","FirstCategoryId":"93","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S2212096324000226","RegionNum":2,"RegionCategory":"环境科学与生态学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ENVIRONMENTAL SCIENCES","Score":null,"Total":0}
引用次数: 0
Abstract
How high should we build a dyke today, knowing that it will serve for more than 50 years? This depends on the probability distribution of future temperatures. We review the literature on estimates of future emissions for current/stated policy scenarios and current pledge scenarios. Reviewing expert elicitations, abatement costs of scenarios, learning rates of technologies, fossil fuel supply side dynamics and geoengineering, we argue that scenarios with emissions largely beyond current/stated policy scenarios and largely below current pledge scenarios are relatively unlikely. Based on this, we develop a literature-informed evaluation of the likelihoods of future temperature for use in Value at Risk stress tests in 2030, 2050 and 2100.
期刊介绍:
Climate Risk Management publishes original scientific contributions, state-of-the-art reviews and reports of practical experience on the use of knowledge and information regarding the consequences of climate variability and climate change in decision and policy making on climate change responses from the near- to long-term.
The concept of climate risk management refers to activities and methods that are used by individuals, organizations, and institutions to facilitate climate-resilient decision-making. Its objective is to promote sustainable development by maximizing the beneficial impacts of climate change responses and minimizing negative impacts across the full spectrum of geographies and sectors that are potentially affected by the changing climate.