The ‘2°C capital stock’ for electricity generation: Committed cumulative carbon emissions from the electricity generation sector and the transition to a green economy

By Alexander Pfeiffer, R. Millar, Cameron Hepburn, Eric D. Beinhocker. 2016

200 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Global and Planetary Change, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/5676f52a2737fa8d1ad2669a730d378880e4a5f1

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Citations in the corpus

Committed emissions from existing and planned power plants and asset stranding required to meet the Paris Agreement (2018, background): “The cumulative future emissions of currently operating and planned infrastructure, are therefore likely to be much more relevant to climate outcomes than the individual annual emissions of such assets (Millar et al 2016).”
Stranded Assets in the Transition to a Carbon-Free Economy (2020, background): “Using IPCC carbon budgets and the IPCC’s AR5 scenario, and attributing the emissions for coal power plants permissible under these, Pfeiffer et al. (2016) calculate that this stock has effectively already been reached on current trends (while other analyses argue that this is already the case for a…”
Report of the high-level commission on carbon prices (2017, background): “5°C may already have been fully used up—and even to keep the temperature rise below 2°C, the remaining budget is at most a few decades of current emission levels, and close to the emissions associated with the remaining life of the existing energy infrastructure (Davis, Caldeira, and Matthews 2010; ”
What if negative emission technologies fail at scale? Implications of the Paris Agreement for big emitting nations (2018, background): “…presented in this paper pay greater attention to these issues and the inertia of existing energy-systems (Millar et al., 2016; Otto et al., 2013; Pfeiffer et al., 2016; Rogelj, den Elzen, et al., 2016) to broaden the view of available mitigation options, and implications thereof for the Paris…”
Instrument choice and stranded assets in the transition to clean capital (2017, background): “For instance, Bertram et al. (2015) and Pfeiffer et al. (2016) propose to rule out investment in standard coal and gas power plants, and to mandate new power plants to be renewable power, nuclear, or fossil fuel plants equipped with carbon capture and storage.”
Linking the Power and Transport Sectors—Part 1: The Principle of Sector Coupling (2017, background): “The agreement constitutes a clear path towards achieving a zero-emission system in the fastest manner possible, especially if we consider the fact that meeting the 2 C target requires that no new emitting infrastructure will be constructed after 2017, unless either another equivalent emitter is disc”
Introduction to special issue: stranded assets and the environment (2017, background): “Keeping track of progress towards emission reduction targets and understanding how ‘committed emissions’1 should influence decarbonisation plans developed by governments, as well as companies and investors (e.g. see Davis, Caldeira, and Matthews 2010; Davis and Socolow 2014; Pfeiffer et al. 2016).”
Carbon pricing and deep decarbonisation (2018, background): “…on EU ETS reform have shown, attempts to strengthen carbon pricing policies are politically difficult and take time – time which we may lack: Pfeiffer et al. (2016) have suggested that no net emitting electricity infrastructure can be added after 2017 if the 2 °C threshold is to be met.”