Road from Kyoto: Hearing Before the Committee on Science, U.S. House of Representatives, One Hundred Fifth Congress, Second Session, Volume 4U.S. Government Printing Office, 1999 |
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Page 35
... assumed extremely rapid replacement of coal - fired powerplants by new natural gas plants by 2008. This is a very optimistic assumption about how rapidly large changes in natural gas infrastructure and power generation can be achieved ...
... assumed extremely rapid replacement of coal - fired powerplants by new natural gas plants by 2008. This is a very optimistic assumption about how rapidly large changes in natural gas infrastructure and power generation can be achieved ...
Page 46
... assumption that all coal capacity would be replaced by natural gas in such a short time does not appear to be tenable . Energy Efficiency Administration testimony also includes a discussion of the reductions in cost that are assumed to ...
... assumption that all coal capacity would be replaced by natural gas in such a short time does not appear to be tenable . Energy Efficiency Administration testimony also includes a discussion of the reductions in cost that are assumed to ...
Page 67
... assumed lower economic growth than we did . And , as you can see in our study , economic growth has a close ... assuming that if the international trading scheme is not approved at Buenos Aires and at subsequent meetings of Conferences ...
... assumed lower economic growth than we did . And , as you can see in our study , economic growth has a close ... assuming that if the international trading scheme is not approved at Buenos Aires and at subsequent meetings of Conferences ...
Page 87
... assumed to be the same within the aggregate international regions , where the inputs are combined for several ... assumption using the AEO97 baseline energy intensity in this study , and a price induced component which depends on the ...
... assumed to be the same within the aggregate international regions , where the inputs are combined for several ... assumption using the AEO97 baseline energy intensity in this study , and a price induced component which depends on the ...
Page 88
... assumed an annual real economic growth rate from 1995 to 2010 in their baseline of 2.1 percent from Annual Energy Outlook 1997 ( AEO97 ) compared to an annual growth rate of 2.3 percent assumed in the EIA study based on the Annual ...
... assumed an annual real economic growth rate from 1995 to 2010 in their baseline of 2.1 percent from Annual Energy Outlook 1997 ( AEO97 ) compared to an annual growth rate of 2.3 percent assumed in the EIA study based on the Annual ...
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Common terms and phrases
actual GDP Analysis and Forecasting assumed assumptions average biomass capacity carbon emissions carbon permit carbon price carbon reduction Change From Reference coal plants cogeneration commercial sector consumers costs decline delivered energy demand Dollars economic growth efficiency improvements EIA's emissions trading end-use energy consumption energy efficiency Energy Information Administration energy intensity energy markets Energy Modeling System equipment estimated ethanol expected Figure fossil fuels fuel prices gasoline Geller greenhouse gas emissions greenhouse gases Gross Domestic Product impacts Integrated Analysis investment kilowatthours Kyoto Protocol levels light-duty vehicles losses low technology macroeconomic million metric tons Modeling System runs National Energy Modeling natural gas NEMS nuclear power Office of Integrated output Percent Change percent lower permit price petroleum potential GDP production programs projected carbon price purchase quadrillion Btu reduce carbon emissions relative residential sector result Source System runs KYBASE tion U.S. Economy U.S. energy United Washington
Popular passages
Page 597 - Flexibility and Market Mechanisms A global solution is thus critical to the global problem of climate change. Globalizing the solution is not, however, enough by itself. We must also ensure that our reductions in global greenhouse gas emissions are attained in the most efficient manner possible. The nature of the climate change problem suggests three basic methods to lower costs of achieving given levels of environmental protection. They can be characterized in terms of three categories of flexibility:...
Page 202 - Change (IPCC) jointly established by the World Meteorological Organization and the United Nations Environment Programme, concluded in 1995 that "the balance of evidence suggests that there is a discernible human influence on global climate.
Page 587 - ... achieves meaningful developing country participation, our overall assessment is that the economic cost to the United States in aggregate and to typical households of attaining the targets and timetables specified in the Kyoto Protocol, will be modest. This conclusion that the impact will be modest is not entirely dependent upon, but is fully consistent with, formal model results. I have previously emphasized the limitations of relying on any single model in assessing the economic impact of the...
Page 595 - Given the changes in the definition of the baseline for the three long-lived chemical compounds (HFCs, PFCs and SF6) from 1990 to 1995 combined with a change in the way sinks are accounted for in the baseline, the actual reduction required in the US is no more than 2-3% more than the President originally proposed as the US negotiating position.
Page 483 - ... key developing countries, the Administration's overall assessment is that the economic cost of attaining the targets and timetables specified in the Kyoto Protocol will be modest for the United States in aggregate and for typical households. This conclusion is not entirely dependent upon, but is fully consistent with, formal model results. The Administration...
Page 602 - Even this estimate of the effect of sinks is conservative in one respect: it is based on an assumption for sink activity in the US over the 2008-2012 period, and no assumed benefits from sinks elsewhere in the world. Very preliminary estimates suggest that incorporating the gains from sinks throughout the world can substantially reduce the costs of meeting the Kyoto target, on top of the gains from trading among Annex I countries. (Furthermore, no model has yet even tried to take into account that...
Page 595 - ADDRESSING GLOBAL CLIMATE CHANGE IN AN EFFICIENT MANNER The costs of unabated climate change may thus be difficult to quantify, but they are nonetheless real and provide the motivation for reducing greenhouse gas emissions. In taking action to reduce those emissions, economic analysis suggests that two elements are absolutely essential: • The effort must be global, to address the global externality inherent in the nature of the problem. • The effort must be flexible and market-based, to ensure...
Page 595 - It is important to emphasize that emissions of different gases anyplace in the world have very similar effects on global climate. The threat of disruptive climate change has led to coordinated international efforts to reduce the risks of global warming by reducing emissions of greenhouse gases. A landmark International Agreement to address global warming was the Framework Convention on Climate Change signed during the Earth Summit in Rio de Janeiro in 1992. This convention established an objective...
Page 221 - Our ability to quantify the human influence on global climate is currently limited because the expected signal is still emerging from the noise of natural variability, and because there are uncertainties in key factors.
Page 599 - First, it provides the opportunity for countries that take on binding targets to trade rights to emit greenhouse gases with each other. This market in emissions permits could ensure that emissions reductions occur where they are least expensive within the industrial countries. In particular, US companies could purchase emissions reductions in other participating countries when doing so would reduce their costs — thus lowering costs without affecting the level of environmental protection. While...