A worldwide analysis of stranded fossil fuel assets' impact on power plants' CO2 emissions.
Nat Commun
; 15(1): 7517, 2024 Aug 30.
Article
em En
| MEDLINE
| ID: mdl-39209921
ABSTRACT
Will power plants emit less or more CO2 in anticipation of stronger climate policies that would strand fossil fuel reserves? Here, using a worldwide data source on individual power plants' CO2 emissions and the value of countries' at-risk fossil fuel assets, we show that between 2009 and 2018, plants emitted more CO2 in countries where more assets would be devalued under a 1.5 °C scenario, which we theorize is due to these countries' regulatory leniency and plants' vested interest in long-term fossil fuel contracts. Although the extra amount of carbon emitted each year trigged by imperiled assets is relatively small, it would exhaust a sizable portion of the electricity sector's remaining carbon budget when added up over time. This is especially true in the U.S. and Russia where up to 16% and 12% of their budgets, respectively, could be spent within ten years due solely to the stranded asset effect.
Texto completo:
1
Coleções:
01-internacional
Base de dados:
MEDLINE
Idioma:
En
Revista:
Nat Commun
Assunto da revista:
BIOLOGIA
/
CIENCIA
Ano de publicação:
2024
Tipo de documento:
Article
País de afiliação:
Estados Unidos