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The international economics of resources and resource ... - Index of

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Multi-agent modeling <strong>of</strong> economic innovation dynamics <strong>and</strong> its implications 337<br />

change emission coeff. %<br />

Fig. 12 Radical dynamic abatement regime<br />

steps, i.e. 10 years (cf. Fig. 12), beginning with 85%. In formal terms this<br />

means:<br />

Mt ðÞ¼0:85 for t < 20; Mtþ ð 20Þ<br />

¼ Mt ðÞ 0:15 for all t: ð19Þ<br />

As can be seen from Fig. 13 it is only in this strong abatement regime that<br />

emission targets similar to those politically defined in the climate change debate can<br />

be met (25% reduction <strong>of</strong> absolute emissions in 30 years). Comparing the upper<br />

right part with the lower left part <strong>of</strong> Fig. 13 it can be deduced that not only the<br />

Fig. 13 Growth dynamics with radical abatement regime<br />

time

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