What is the cost of meeting a 2°C target under the Paris Agreement, and which sectors will do the heavy lifting?
Join us to discuss the findings of our recent report, “Meeting a 2°C target: A cost curve for emissions reductions in Australia to 2030”, providing a quantitative basis for emissions reductions in Australia, and the cost of transitioning to a 1.5-2°C trajectory.
Discussion will include:
- Australia’s abatement potential to meet a 2°C target – What is the Australia’s abatement potential to meet a 1.5-2 degree aligned target under the Paris Agreement?
- The cost of meeting a 2 degree target – In the absence of a carbon price signal, we view the long-term marginal cost of abatement as key reference point for businesses. We discuss cost expectations and implications.
- Australia’s ‘negative cost’ opportunities – Australia has considerable scope to capture negative cost opportunities to support short and long term targets.
- Policy design implications – A MAC curve can serve as a guide to the most cost effective activities to focus on to reach national target, and which policy levers are likely to be most effective to ensure least cost abatement.
- Building the cost of a 2°C target into decision making – As scrutiny of business risk management processes by ASIC and APRA grows, we discuss the need for industry to better understand the cost of meeting a 2-degree target, and identify which sectors will carry the largest burden to reduce emissions.
To access a more detailed wrap of our Market Study, “Meeting a 2°C target: A cost curve for emissions reductions in Australia to 2030”, please click here >>
This event will be held on Wednesday June 7, 2017, led by RepuTex Head of Research, Bret Harper.
The 30 minute session will run from 12:30 – 1:00pm (AEDT)