A new JIKO Policy Paper analyses a series of very ambitious mitigation scenarios and complements this analysis with a review of several sectoral technology roadmaps. The results are quite clear: there is no reason to believe that international carbon trading will become obsolete any time soon. Whether or not international carbon trading is to play a role in international climate protection efforts is in the end not a physical or economic question, but a political one.
Hermwille, L., Samadi, S.: Carbon Markets in a <2 °C World - Will There Be Room for International Carbon Trading in 2050?. JIKO Policy Paper 03/2016. Wuppertal Institute for Climate, Environment and Energy. Wuppertal - 30 p., 8 figures, 2 tables. URL: www.carbon-mechanisms.de/en/2050
Date: November 2016
Type: Policy Paper