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Marko Scholze

Universitetslektor

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The benefits of investing into improved carbon flux monitoring

Författare

  • J. Szolgayová
  • Sabine Fuss
  • T. Kaminski
  • M. Scholze
  • M. Gusti
  • M. Heimann
  • M. Tavoni

Summary, in English

Operationalizing a Global Carbon Observing and Analysis System (www.geocarbon.net) would provide a sound basis for monitoring actual carbon fluxes and thus getting quantities right when pricing carbon - be it in a cap-and-trade scheme or under a tax regime. However, such monitoring systems are expensive and-especially in times of economic weakness-budgets for science and environmental policy are under particular scrutiny. In this study, we attempt to demonstrate the magnitude of benefits of improved information about actual carbon fluxes. Such information enables better-informed policy-making and thus paves the way for a more secure investment environment when decarbonizing the energy sector. The numerical results provide a robust indication of a positive social value of improving carbon monitoring systems when compared to their cost, especially for the more ambitious climate policies.

Avdelning/ar

  • Institutionen för naturgeografi och ekosystemvetenskap
  • MERGE: ModElling the Regional and Global Earth system
  • BECC: Biodiversity and Ecosystem services in a Changing Climate

Publiceringsår

2016-10-18

Språk

Engelska

Publikation/Tidskrift/Serie

Cogent Economics and Finance

Volym

4

Issue

1

Dokumenttyp

Artikel i tidskrift

Förlag

Cogent OA

Ämne

  • Economics

Nyckelord

  • Carbon flux monitoring
  • Carbon pricing
  • Decarbonization
  • Investment
  • Uncertainty

Status

Published

ISBN/ISSN/Övrigt

  • ISSN: 2332-2039