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The impact of shale gas on the costs of climate policy

Description: This report investigates the effects of an increased exploitation of shale gas reserves around the globe and the extent to which it can serve as a low-cost GHG mitigation option. We compare a scenario of global shale gas exploitation with a scenario in which shale gas use is very limited. Both scenarios are modelled with the global techno-economic POLES model and rely on a high regional disaggrega-tion. The effects of shale gas production on the energy market and, consequently, on GHG emissions are analysed in a baseline case without additional climate policy and for mitigation targets compati-ble with the 2°C target. We find that shale gas should not be considered a cheap option to reduce global GHG emissions due to three reasons: the effects of global shale gas availability (a) are small in the short-term, (b) lead to higher baseline GHG emissions for most countries in the long-term due to lower energy prices and (c) result in higher costs of compliance with climate targets. Veröffentlicht in Climate Change | 03/2015.

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Text {
    text_type: Publication,
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Origin: /Bund/UBA/Webseite

Tags: Schiefergas ? Blei ? Schiefergasförderung ? Szenario ? Energiemarkt ? Energiepreis ? Klimapolitik ? Klimawandel ?

License: other-closed

Language: Englisch/English

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Issued: 2015-03-01

Time ranges: 2015-03-01 - 2015-03-01

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