0 carbon dioxide that planes, cars, factories, etc. produce, thought to be harmful to the environment: --
In the absence of an agreement to reduce carbon emissions, these scenarios (which do not incorporate carbon taxes) suggest a large increase in emissions.
In the following analysis, we wish to explore a number of alternatives that could potentially replace even more carbon emissions.
In particular, the resulting model provides a framework to examine the interaction between global trends in economic development, population growth, and carbon emissions.
We examine the impact of a carbon tax on carbon emissions and growth in the economy.
The results show that a carbon tax would have limited effectiveness in controlling carbon emissions.
In the base case, carbon emissions in year 2032 are 2.16 billion tons.
Therefore, instead of focusing on stabilization, we look at the effects of reductions from a 'business as usual' baseline level of carbon emissions.
Stabilization of energy-related carbon emissions at a pre-2020 level is unlikely in the absence of policy initiatives undertaken to reduce these emissions.
