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Industrial climate mitigation strategies and the remaining fair carbon budget – The case of Sweden
IVL Swedish Environmental Research Institute.
2024 (English)In: Next Sustainability, ISSN 2949-8236, Vol. 3, p. 100031-100031, article id 100031Article in journal (Refereed) Published
Abstract [en]

This article explores the climate mitigation strategies of the 15 industries with the largest carbon dioxide emissions in Sweden. Starting from two carbon budget alternatives, we analyse the mitigation projections of the companies in relation to what can be considered their fair share of the remaining carbon budget for Sweden.

We furthermore determine the uncertainties associated with the strategies. The results suggest that if the communicated mitigation plans are implemented as planned, the companies overdraft our main, 1.5-degree, budget option but stay within the alternative 1.7-degree budget. The analysis shows, however, that the timing and efficiency of emission reductions are crucial.

Already small delays or lower efficiency in implementation, result in evident overdrafts of also the alternative budget. There are also substantial political and technical risks which can prevent timely mitigations. The article makes a novel contribution by analyzing industries’ mitigation strategies relative to their share of the remaining carbon budget.

The article demonstrates the importance of transparent industrial climate mitigation strategies and in particular the need for policymakers to set incentive structures to promote strategy implementation.

Place, publisher, year, edition, pages
2024. Vol. 3, p. 100031-100031, article id 100031
National Category
Environmental Sciences
Identifiers
URN: urn:nbn:se:ivl:diva-4334DOI: 10.1016/j.nxsust.2024.100031Local ID: A2681OAI: oai:DiVA.org:ivl-4334DiVA, id: diva2:1844473
Funder
Mistra - The Swedish Foundation for Strategic Environmental ResearchMistra - The Swedish Foundation for Strategic Environmental Research, 515566Available from: 2024-03-14 Created: 2024-03-14 Last updated: 2024-03-14

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Lindvall, DanielKarlsson, MikaelMalmaeus, Mikael J.
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CiteExportLink to record
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Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf