. If all countries achieve their current Paris Agreement pledges, average warming by 2100 will go far beyond the target of the Paris Agreement to keep warming "well below 2°C".
Climate change mitigation scenarios are possible futures in which
global warming is reduced by deliberate actions, such as a comprehensive switch to
energy sources other than fossil fuels. These are actions that minimize emissions so atmospheric greenhouse gas concentrations are stabilized at levels that restrict the adverse consequences of climate change. Using these scenarios, the examination of the impacts of different carbon prices on an economy is enabled within the framework of different levels of global aspirations. The
Paris Agreement has the goal to keep the increase of global temperature below 2
°C, preferably below 1.5
°C above pre-industrial levels to reduce
effects of climate change. A typical mitigation scenario is constructed by selecting a long-range target, such as a desired atmospheric concentration of
carbon dioxide (), and then fitting the actions to the target, for example by placing a cap on net global and national emissions of
greenhouse gases.
Concentration scenarios Contributions to climate change, whether they cool or warm the
Earth, are often described in terms of the
radiative forcing or imbalance they introduce to the planet's
energy budget. Now and in the future,
anthropogenic carbon dioxide is believed to be the major component of this forcing, and the contribution of other components is often quantified in terms of "parts-per-million
carbon dioxide equivalent" (
ppm CO2e), or the increment/decrement in carbon dioxide concentrations which would create a radiative forcing of the same magnitude.
450 ppm The BLUE scenarios in the IEA's
Energy Technology Perspectives publication of 2008 describe pathways to a long-range concentration of 450 ppm.
Joseph Romm has sketched how to achieve this target through the application of 14 wedges.
World Energy Outlook 2008, mentioned above, also describes a "450 Policy Scenario", in which extra energy investments to 2030 amount to
$9.3 trillion over the Reference Scenario. The scenario also features, after 2020, the participation of major economies such as
China and
India in a global cap-and-trade scheme initially operating in
OECD and
European Union countries. Also the less conservative 450 ppm scenario calls for extensive deployment of
negative emissions, i.e. the removal of from the atmosphere. According to the
International Energy Agency (IEA) and OECD, "Achieving lower concentration targets (450 ppm) depends significantly on the use of
BECCS".
550 ppm This is the target advocated (as an upper bound) in the
Stern Review. As approximately a doubling of levels relative to
preindustrial times, it implies a temperature increase of about three degrees, according to conventional estimates of
climate sensitivity.
Pacala and Socolow list 15 "wedges", any 7 of which in combination should suffice to keep levels below 550 ppm. The
International Energy Agency's
World Energy Outlook report for 2008 describes a "Reference Scenario" for the world's energy future "which assumes no new government policies beyond those already adopted by mid-2008", and then a "550 Policy Scenario" in which further policies are adopted, a mixture of "
cap-and-trade systems,
sectoral agreements and national measures". In the Reference Scenario, between 2006 and 2030 the world invests $26.3 trillion in energy-supply infrastructure; in the 550 Policy Scenario, a further $4.1 trillion is spent in this period, mostly on
efficiency increases which deliver fuel cost savings of over $7 trillion. ==Commonly used pathway descriptions==