Jorgen Randers

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J Randers 1 J Randers 1 HANDELSHØYSKOLEN BI Should we use regulation or the market to solve the climate problem? Jorgen Randers Professor emeritus Climate strategy BI Norwegian Business SchoolI Club of Rome Berlin, 11. november 2016

Transcript of Jorgen Randers

HANDELSHØYSKOLEN BI

J Randers 1J Randers 1

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Should we useregulation or the market

to solve the climate problem?Jorgen Randers

Professor emeritusClimate strategy

BI Norwegian Business SchoolI

Club of RomeBerlin, 11. november 2016

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Most GHG is CO2 from energy production

Source: IEA, CO2 emissions from fuel combustion.. Highlights

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Global emissions of CO2 (in GtCO2 per year)

Source: Randers et al 2016, “ESCIMO”, Earth System Dynamics Journal,doi:10.5194/esd-2016-13

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Global temperature increase (in ̊C from1850)

Source: Randers et al 2016, “ESCIMO”, Earth System Dynamics Journal,doi:10.5194/esd-2016-13

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Source: Randers et al 2016, “ESCIMO”, Earth System Dynamics Journal,doi:10.5194/esd-2016-13

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Global emissions of CO2 (in GtCO2 per year)

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Source: Randers et al 2016, “ESCIMO”, Earth System Dynamics Journal,doi:10.5194/esd-2016-13

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Global temperature increase (in ̊C from1850)

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The carbon price has remained (too) low

Source: http://www.sightline.org/2014/07/02/four-carbon-pricing-pitfalls-to-avoid/

The carbon price must be 100 €/tCO2 in order for an electric cars to be cheaper than a fossil car

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Something needs to be done

[email protected] www.2052.info

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Source: Randers et al 2016, Earth System Dynamics Journal, doi:10.5194/esd-2016-13

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Global temperature increase (in ̊C from1850)

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Havet vil fortsette å stige

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Hav-stigning fra 1850 (i meter)

Source: Randers et al 2016, “ESCIMO”, Earth System Dynamics Journal,doi:10.5194/esd-2016-13

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Nok å bruke 1 % av GDP på solstrøm

Source: The Economist, October 1st 2016, p 41

Det koster 2 $ pr Wel å installere solpanel.1 W solpanel gir rundt 3.000 kWhel pr år.

Dermed vil 5 kWel pr person gi nok strøm tilå opprettholde en vestlig levestandard. Inklu-sive all transport og kjøling/varming av bygg.

For USA blir behovet 5 kW/p * 300 Mp = 1.500 GW. For å produsere dette med sol innen 2050 vil kreve 1.500 GW / 34 år = 44 GW/år. Det er bare seks ganger så mye som installasjonen i 2015.

Investeringskostnaden blir 5 kW/p * 2 $/W = 10.000 $ pr person. Det er 500 $ pr person pr år (ved 5 % pr år i kapitalkost). Ca 1 % av USAs BNP pr hode.

Arealbehovet er 0,1 m2/W. Det vil si 50 m2 pr person, eller 15.000 km2 totalt.Det er 120 kilometer ganger 120 kilometer. En liten flekk på prærien.