Optimal use of carbon sequestration in a global climate change strategy : is there a wooden bridge to a clean energy future ?

About

Countries

Data & Research

Learning

News

Projects & Operations

Publications

Topics

Home > Data & Research > Author Profile > Report Details

Optimal use of carbon sequestration in a global climate change strategy : is there a wooden bridge to a clean energy future ?, Volume 1

Author:	Lecocq, Franck; Chomitz, Kenneth;	Collection Title:	Policy, Research working paper ; no. WPS 2635
Date Stored:	2001/08/29	Document Date:	2001/07/31
Document Type:	Policy Research Working Paper	Language:	English
Major Sector:	(Historic)Environment	Report Number:	WPS2635
Sub Sectors:	Pollution Control / Waste Management	SubTopics:	Environmental Economics & Policies; Climate Change and Environment; Carbon Policy and Trading; Montreal Protocol; Economic Theory & Research; Global Environment Facility; Energy and Environment
Volume No:	1

Summary: s. Whether it should be part of a global climate mitigation strategy, however, remains controversial. One of the key issues is that, contrary to emission abatement, carbon sequestration might not be permanent. But some argue that even temporary sequestration is beneficial as it delays climate change impacts and "buys" time for technical change in the energy sector. To rigorously assess these arguments, the authors build an international optimization model in which both sequestration and abatement can be used to mitigate climate change. They confirm that permanent sequestration, if feasible, can be overall part of a climate mitigation strategy. When permanence can be guaranteed, sequestration is equivalent to fossil-fuel emissions abatement. The optimal use of temporary sequestration, on the other hand, depends mostly on marginal damages of climate change. Temporary sequestration projects starting now, in particular, are not attractive if marginal damages of climate change at current concentration levels are assumed to be low.


Official Documents Official, scanned versions of documents (may include signatures, etc.)
File Type		Description	File Size (mb)

	PDF 32 pages	Official version*	2.24 (approx.)
	Text	Text version**


Light-Weight Documents Lighter (less MB) documents which may or may not be the final, official version
File Type		Description	File Size (mb)

	PDF 27 pages	WPS2635	0.13

* The official version is derived from scanning the final, paper copy of the document and is the official,
archived version including all signatures, charts, etc.

** The text version is the OCR text of the final scanned version and is not an accurate representation of the final text.
It is provided solely to benefit users with slow connectivity.

Permanent URL for this page: http://go.worldbank.org/Z9MVV2SUX0