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Cost-Risk Trade-Off of Mitigation and Solar Geoengineering: Considering Regional Disparities Under Probabilistic Climate Sensitivity

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Abstract

Solar geoengineering (SGE) constitutes a viable option to ameliorate anthropogenic temperature rise. However, it does not simultaneously compensate for anthropogenic changes in further climate variables in a perfect manner. Here, we investigate to what extent a proponent of the 2 °C-temperature target would apply SGE in conjunction with mitigation in view of regional disparities in temperature and precipitation. We apply cost-risk analysis (CRA), which is a decision analytic framework that trades-off expected welfare-loss from climate policy costs and climate risks from transgressing a climate target. Here, in ‘Giorgi’-regional-scale analyses, we evaluate the optimal mix of SGE and mitigation under probabilistic information about climate sensitivity and generalize CRA in order to include regional temperature and precipitation risks. In addition to a mitigation-only analysis, social welfare is maximized for the following three joint-mitigation-SGE scenarios: temperature-risk-only, precipitation-risk-only, and equally weighted both-risks. We find that for regionally differentiated precipitation targets, the usage of SGE will be restricted. Our results indicate that SGE would save 70–75% of welfare-loss in the precipitation-risk-only and both-risks scenarios compared to a purely mitigation-based analysis with approximate overall welfare loss of 4% in terms of balanced growth equivalent from economic costs and climate risks.

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Notes

  1. Available at https://esgf-data.dkrz.de/search/esgf-dkrz/.

  2. Welfare equation in this case is: \( W = \mathop \sum \nolimits_{t} \mathop \sum \nolimits_{s} p_{s} \left[ {U\left( {t,s} \right) - \beta R\left( {T\left( {t,s} \right)} \right) - \mathop \sum \nolimits_{r} \alpha_{r} R\left( {P\left( {t,s,r} \right)} \right)} \right]e^{ - \rho t} \).

  3. According to the guidance note of IPCC on uncertainty.

  4. Consumption-loss compared to BAU consumption.

Abbreviations

AMZ:

Amazonia

BAU:

Business-as-usual

BGE:

Balanced growth equivalent

CBA:

Cost–benefit analysis

CEA:

Cost effectiveness analysis

CNA:

Central North-America

CRA:

Cost-risk analysis

EPR:

Expected regional precipitation risk

ETR:

Expected regional temperature risk

GHG:

Greenhouse gas

SAH:

Sahara

SGE:

Solar geoengineering

SQF:

South Equatorial Africa

WNA:

West North-America

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Correspondence to Elnaz Roshan.

Appendix

Appendix

In addition to the temperature and precipitation results described in the main manuscript, here we show the optimal CO2 emissions, CO2 concentration, and radiative forcing of CO2 and SGE for two different analyses: (1) global mean temperature risk and regional precipitation risks, shown in Fig. 8; and (2) regional temperature and precipitation risks, shown in Fig. 9.

Fig. 8
figure 8

CO2 emissions, CO2 concentration, CO2 forcing, and solar geoengineering (SGE) forcing for the simulation of Sect. 3.2. This figure shows climate system variables of four different scenarios: mitigation-only analysis (solid line), temperature-risk-only scenario (dashed line), precipitation-risk-only scenario (dotted line), and both-risks scenario (dashed-dotted line)

Fig. 9
figure 9

CO2 emissions, CO2 concentration, CO2 forcing, and SGE forcing for the simulation of Sect. 3.3. This figure shows climate system variables of four different scenarios: mitigation-only analysis (solid line), temperature-risk-only scenario (dashed line), precipitation-risk-only scenario (dotted line), and both-risks scenario (dashed-dotted line)

Generally, reducing emissions to zero from 2050 onwards in the mitigation-only portfolio requires immediate action and will result in the reduction of CO2 concentration and forcing from 2030 onwards. In the joint-mitigation-SGE analyses, i.e., in the precipitation-risk-only and both-risks scenarios, reductions of emissions, however, start before 2040 which, in turn, reduces CO2 concentration and forcing, respectively, from 2050 and 2060. SGE forcing in these two scenarios peaks in 2060. In the temperature-risk-only scenario, however, the results demonstrate that CO2 emissions, CO2 concentration, CO2 forcing, and SGE forcing are all increasing. The only difference between Figs. 8 and 9 comprises the SGE forcing of the temperature-risk-only scenario, in which it is higher when society is concerned with regional temperature. This indicates that with an increase in SGE forcing less than 0.5 W/m2 in this century, SGE can reduce all regional temperature risks to zero (Fig. 6).

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Roshan, E., M. Khabbazan, M. & Held, H. Cost-Risk Trade-Off of Mitigation and Solar Geoengineering: Considering Regional Disparities Under Probabilistic Climate Sensitivity. Environ Resource Econ 72, 263–279 (2019). https://doi.org/10.1007/s10640-018-0261-9

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