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Carmen Bunzl - Universidad Pontificia Comillas

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Chapter 3. Implications of future climate regime architectures 140<br />

2.2 Results and discussion<br />

Figure 5, Figure 6 and Figure 7 show modeled results for the change in<br />

emission allowances from 1990 to 2020 and 1990 to 2050 for the 450, 550 and 650<br />

ppmv CO2eq. cases respectively for Contraction and Convergence (C&C),<br />

Common but Differentiated Convergence (CDC), Multistage, Triptych, the<br />

Sectoral approach, Global intensity targets (which will not be discussed here)<br />

and the reference case. Here, the initial emission allocation before trading is<br />

shown, final resulting emission levels after trading are different (these will be<br />

discussed in Section 4, as a necessary analysis for the calculation of regional<br />

abatement cost).<br />

To capture a wide spread of possible future developments, one case is<br />

calculated for each of the IPCC scenarios (Nakicenovic et al., 2000). In the<br />

figures, the median over these different scenarios is provided; the whole spread<br />

of scenarios is provided as error bars. Comparing the reductions with the<br />

reference cases gives an indication about the level of effort needed to reach the<br />

reductions.<br />

The horizontal red lines for Annex I countries indicate the emission level in<br />

2010 – the starting point for the calculations. For most countries this is the<br />

Kyoto target (solid lines). For the USA the 2010 level is based on the national<br />

target of an improvement of emissions per GDP by 18% from 2002 to 2012. This<br />

would result in emissions far above the Kyoto target (+23%, dotted line,<br />

compared to -7%). For Russia and the rest of Eastern Europe in Annex I the<br />

reference emissions in 2010 are chosen as a starting point, which are well below<br />

their Kyoto target (-32%, dotted line, compared to -8%).<br />

For a typical Annex I country – some exceptions are Spain or Portugal -<br />

emissions have declined from their 1990 value to their Kyoto target in 2010 (see<br />

Figure 4 left), from then on further reductions are necessary. Typical Non-<br />

Annex I countries’ emissions increase from 1990 until they participate (earliest<br />

Escuela Técnica Superior de Ingeniería ICAI <strong>Carmen</strong> <strong>Bunzl</strong> Boulet Junio 2008

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