Stabilisation of CO2 concentrations: Mitigation scenarios using the Petro model

Abstract

How to stabilise the CO2 consentration in the atmophere depends crucially on baseline assumptions of future economic growth, energy demand and supply techlogies etc. In this paper we investigate how different assumptions about the future affects the necessary global policy measures to reach specific concentration targets for CO2. This is done by constructing two contrasting baseline scenarios within the intertemporal model of fossil fuels markets.