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Global energy and materials are essential to the functioning of the economy and have significant implications for macroeconomics and the environment. At the same time, the world is not on track to meet Paris Agreement goals. This paper documents two stylized facts that connect these observations. First, the world economy is characterized by large embedded emissions and materials: different energies and materials are deeply entwined and interdependent. This has historically led to additive – rather than substitution – dynamics in energy and materials on a global scale. Second, historically there has been a strong positive correlation between efficiency in resource use and total resource use at a global scale. We synthesize these observations by introducing the Generalized Jevons Paradox (GJP). We argue that the GJP reflects the direct and indirect energy/material demand effects of long-term energy and material interdependencies, themselves shaped by market and geoeconomic power, trade arrangements, and financi
Climate change is causing measurable harm globally1,2. Political and legal efforts seek to link these damages with specific emissions, including in discussions of loss and damage (L&D)3,4; however, no quantitative definition of L&D exists5,6, nor is there a framework to link past and future emissions from specific sources to monetized, location-specific damages. Here we develop such a framework, which is integrated with recent efforts to estimate the social cost of carbon7. Using empirical estimates of the non-linear relationship between temperature and aggregate economic output, we show that future damages from past emissions—one component of L&D—are at least an order of magnitude larger than historical damages from the same emissions. For instance, one tonne of CO2 emitted in 1990 caused US$180 in discounted global damages by 2020 ($40–530) and will cause an additional $1,840 through 2100 ($500–5,700). Thus, settling debts for past damages will not settle debts for past emissions. In other illustrative esti
The doughnut-shaped framework of social and planetary boundaries (the ‘Doughnut’) provides a concise visual assessment of progress towards the goal of meeting the needs of all people within the means of the living planet1,2,3. Here we present a renewed Doughnut framework with a revised set of 35 indicators that monitor trends in social deprivation and ecological overshoot over the 2000–2022 period. Although global gross domestic product (GDP) has more than doubled, our median results show a modest achievement in reducing human deprivation that would have to accelerate fivefold to meet the needs of all people by 2030.
This Research Plan was prepared in response to a requirement in the joint explanatory statement accompanying Division B of the Consolidated Appropriations Act, 2022, directing the Office of Science and Technology Policy (OSTP), with support from the National Oceanic and Atmospheric Administration (NOAA), to provide a research plan for “solar and other rapid climate interventions.”
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