Politically, however, the implications for the incumbents and their behavior is likely to have a big impact on the policies and the shift in capital that results. [...] Sixth, and finally, we identify design principles that can govern policy and investment in deep decarbonization—principles anchored in the observations made across the rest of the paper about the state of the technology, the places where the right actions are known, and management of the many unknowns in deep decarbonization strategy. [...] In these domains, some of the solutions seem to rest with advanced chemical engineering and advanced methods for obtaining high temperatures for process heat—those twin needs are the root of much of the enthusiasm for the use of hydrogen in some “hard to abate” sectors, notably steel and pet- rochemicals. [...] The IPCC’s AR5 assessment of the implications of deep decarbonization for investment patterns noted that most IAMs at the time, in fact, did not allow for a detailed assessment of shifts in investment, which is striking since redirection of investment is one of the (if not the most) important policy implications from deep decarbonization research. [...] That “dynamic” view of technology and politics is central to many studies by political scientists who have been keen to identify mechanisms for a politically self-sustaining and accel- erating transformation.41 The global energy models reviewed in this study don’t have much to say about the politics, but they do help identify the scale of the challenge and the potential speed of the shifts away fr.
- Pages
- 37
- Published in
- Canada
