Full Title: Implications of Accelerated and Delayed Climate Action for Ireland’s Energy Transition Under Carbon Budgets
Author(s): Vahid Aryanpur, Olexandr Balyk, James Glynn, Ankita Gaur, Jason McGuire & Hannah Daly
Publisher(s): NPJ Climate Action
Publication Date: November 2, 2024
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Description (excerpt):
Limiting global warming requires the effective implementation of energy mitigation measures by individual countries. However, the consequences of the timing of these efforts on the technical feasibility of adhering to cumulative carbon budgets—which determines future global warming—are underexplored. Moreover, existing national studies on carbon budgets either overlook integrated sectoral interactions, path dependencies, or comprehensive demand-side strategies. To address this, we analyse Ireland’s mitigation pathways under equal per-capita carbon budgets using an energy systems optimisation model. Our findings reveal that delayed mitigation brings forward the need for a net-zero target by five years, risks carbon lock-in and stranded assets, increase reliance on carbon dioxide removal technologies and leads to higher long-term mitigation costs. To keep the Paris Agreement targets, countries must set and meet accelerated mid-term mitigation goals and address energy demand.