eprintid: 14248
rev_number: 13
eprint_status: archive
userid: 5
dir: disk0/00/01/42/48
datestamp: 2017-01-16 12:35:13
lastmod: 2021-08-27 17:41:46
status_changed: 2017-01-16 12:35:13
type: article
metadata_visibility: show
creators_name: Szolgayova, J.
creators_name: Fuss, S.
creators_name: Kaminski, T.
creators_name: Scholze, M.
creators_name: Gusti, M.
creators_name: Heimann, M.
creators_name: Tavoni, M.
creators_id: 1833
creators_id: 8259
creators_id: 97792
title: The benefits of investing into improved carbon flux monitoring
ispublished: pub
divisions: prog_esm
keywords: carbon flux monitoring; carbon pricing; uncertainty; investment; decarbonization
abstract: Operationalizing a Global Carbon Observing and Analysis System (www.geocarbon.net) would provide a sound basis for monitoring actual carbon fluxes and thus getting quantities right when pricing carbon – be it in a cap-and-trade scheme or under a tax regime. However, such monitoring systems are expensive and—especially in times of economic weakness—budgets for science and environmental policy are under particular scrutiny. In this study, we attempt to demonstrate the magnitude of benefits of improved information about actual carbon fluxes. Such information enables better-informed policy-making and thus paves the way for a more secure investment environment when decarbonizing the energy sector. The numerical results provide a robust indication of a positive social value of improving carbon monitoring systems when compared to their cost, especially for the more ambitious climate policies.
date: 2016-10-18
date_type: published
publisher: Cogent OA
id_number: 10.1080/23322039.2016.1239672
creators_browse_id: 305
creators_browse_id: 101
creators_browse_id: 114
full_text_status: public
publication: Cogent Economics & Finance
volume: 4
number: 1
pagerange: e1239672
refereed: TRUE
issn: 2332-2039
projects: Operational Global Carbon Observing System (GEOCARBON, FP7 283080)
coversheets_dirty: FALSE
fp7_project: yes
fp7_project_id: info:eu-repo/grantAgreement/EC/FP7/283080/EU//GEOCARBON
fp7_type: info:eu-repo/semantics/article
access_rights: info:eu-repo/semantics/openAccess
citation:   Szolgayova, J. <https://pure.iiasa.ac.at/view/iiasa/305.html>, Fuss, S. <https://pure.iiasa.ac.at/view/iiasa/101.html>, Kaminski, T., Scholze, M., Gusti, M. <https://pure.iiasa.ac.at/view/iiasa/114.html>, Heimann, M., & Tavoni, M.  (2016).  The benefits of investing into improved carbon flux monitoring.   Cogent Economics & Finance 4 (1) e1239672. 10.1080/23322039.2016.1239672 <https://doi.org/10.1080/23322039.2016.1239672>.       
document_url: https://pure.iiasa.ac.at/id/eprint/14248/1/23322039.2016.1239672.pdf