False Hopes, Missed Opportunities: How Economic Models Affect the IPCC Proposals in Special Report 15 “Global Warming of 1.5 °C” (2018). An Analysis From the Scientific Advisory Board of BUND

Authors

  • Joachim H. Spangenberg Scientific Committee of BUND/FoE Germany
  • Werner Neumann Scientific Committee of BUND/FoE Germany
  • Heinz Klöser Scientific Committee of BUND/FoE Germany
  • Stefan Wittig Scientific Committee of BUND/FoE Germany
  • Tilmann Uhlenhaut Scientific Committee of BUND/FoE Germany
  • Martha Mertens Scientific Committee of BUND/FoE Germany
  • Edo Günther Scientific Committee of BUND/FoE Germany
  • Ingo Valentin Scientific Committee of BUND/FoE Germany
  • Markus Große Ophoff Scientific Committee of BUND/FoE Germany

DOI:

https://doi.org/10.33423/jabe.v23i3.4341

Keywords:

business, economics, IPCC SR 15, 1.5° overshoot scenarios, Carbon Dioxide Removal (CDR), biodiversity loss, risks of geoengineering

Abstract

The 2018 IPCC Special Report SR15 developed four scenarios how temperature increases could either be limited to 1.5°, or, in the case of overshoot, could be brought back to that level by 2100. However, the Carbon Dioxide Removal options discussed to achieve “negative emissions” will affect not only the climate system, but also biodiversity and the ecosystem services it provides. Unfortunately, the Integrated Assessment Models, and in particular the economic models incorporated in them were capable of integrating only a selective fraction of these effects, and ignore potential tipping points triggering irreversible processes, policies beyond economic instruments and consumption changes to happen over the next 80 years. Our analysis is based on an interdisciplinary expert elicitation, analysing the options suggested by the IPCC one by one. We find that most of them are associated with biodiversity loss, hazardous chemicals dispersion, enhanced energy consumption and/or other severe other damages. We suggest which measures can be applied sustainably, which should be dropped, and which additional ones have been omitted by the report.

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Published

2021-07-16

How to Cite

Spangenberg, J. H., Neumann, W., Klöser, H., Wittig, S., Uhlenhaut, T., Mertens, M., Günther, E., Valentin, I., & Ophoff, M. G. (2021). False Hopes, Missed Opportunities: How Economic Models Affect the IPCC Proposals in Special Report 15 “Global Warming of 1.5 °C” (2018). An Analysis From the Scientific Advisory Board of BUND. Journal of Applied Business and Economics, 23(3). https://doi.org/10.33423/jabe.v23i3.4341

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