Dataset Information

Carbon pricing and planetary boundaries.

ABSTRACT: Human activities are threatening to push the Earth system beyond its planetary boundaries, risking catastrophic and irreversible global environmental change. Action is urgently needed, yet well-intentioned policies designed to reduce pressure on a single boundary can lead, through economic linkages, to aggravation of other pressures. In particular, the potential policy spillovers from an increase in the global carbon price onto other critical Earth system processes has received little attention to date. To this end, we explore the global environmental effects of pricing carbon, beyond its effect on carbon emissions. We find that the case for carbon pricing globally becomes even stronger in a multi-boundary world, since it can ameliorate many other planetary pressures. It does however exacerbate certain planetary pressures, largely by stimulating additional biofuel production. When carbon pricing is allied with a biofuel policy, however, it can alleviate all planetary pressures.

SUBMITTER: Engstrom G

PROVIDER: S-EPMC7498463 | biostudies-literature | 2020 Sep

REPOSITORIES: biostudies-literature

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Carbon pricing and planetary boundaries.

Engström Gustav G Gars Johan J Krishnamurthy Chandra C Spiro Daniel D Calel Raphael R Lindahl Therese T Narayanan Badri B

Nature communications 20200917 1

Human activities are threatening to push the Earth system beyond its planetary boundaries, risking catastrophic and irreversible global environmental change. Action is urgently needed, yet well-intentioned policies designed to reduce pressure on a single boundary can lead, through economic linkages, to aggravation of other pressures. In particular, the potential policy spillovers from an increase in the global carbon price onto other critical Earth system processes has received little attention ...[more]

PMID: 32943606

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Project description:The planetary boundaries (PBs) represent a well-known concept, which helps identify whether production and consumption systems are environmentally sustainable in absolute terms, namely compared to the Earth's ecological limits and carrying capacity. In this study, the impacts of production and consumption of the European Union in 2010 were assessed by means of life cycle assessment (LCA)-based indicators and compared with the PBs. Five different perspectives were adopted for assessing the impacts: a production perspective (EU Domestic Footprint) and four distinct consumption perspectives, resulting from alternative modelling approaches including both top-down (input-output LCA) and bottom-up (process-based LCA). Life cycle impact assessment (LCIA) results were assessed against LCIA-based PBs, which adapted the PBs framework to the LCIA indicators and metrics of the Environmental Footprint method (EF). Global environmental impacts transgressed several LCIA-based PBs. When assessing the overall environmental impacts of EU consumption compared to the global LCIA-based PBs, impacts of EU consumption related to climate change, particulate matter, land use and mineral resources were close or already transgressed the global boundaries. The EU, with less than 10% of the world population, was close to transgress the global ecological limits. Moreover, when downscaling the global PBs and comparing the impacts per capita for an average EU citizen and a global one, the LCIA-PBs were significantly transgressed in many impact categories. The results are affected by uncertainty mainly due to: (a) the intrinsic uncertainties of the different LCA modelling approaches and indicators; (b) the uncertainties in estimating LCIA-based PBs, due to the difficulties in identifying limits for the Earth's processes and referring them to LCIA metrics. The results may anyway be used to define benchmarks and policy targets to ensure that consumption and production in Europe remains within safe ecological boundaries, as well as to understand the magnitude of the effort needed to reduce the impacts.

Dataset Information

Carbon pricing and planetary boundaries.

Publications

Carbon pricing and planetary boundaries.

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