Abstract
Mexico's climate policy sets ambitious national greenhouse gas (GHG) emission reduction targets—30% versus a business-as-usual baseline by 2020, 50% versus 2000 by 2050. However, these goals are at odds with recent energy and emission trends in the country. Both energy use and GHG emissions in Mexico have grown substantially over the last two decades. We investigate how Mexico might reverse current trends and reach its mitigation targets by exploring results from energy system and economic models involved in the CLIMACAP-LAMP project. To meet Mexico's emission reduction targets, all modeling groups agree that decarbonization of electricity is needed, along with changes in the transport sector, either to more efficient vehicles or a combination of more efficient vehicles and lower carbon fuels. These measures reduce GHG emissions as well as emissions of other air pollutants. The models find different energy supply pathways, with some solutions based on renewable energy and others relying on biomass or fossil fuels with carbon capture and storage. The economy-wide costs of deep mitigation could range from 2% to 4% of GDP in 2030, and from 7% to 15% of GDP in 2050. Our results suggest that Mexico has some flexibility in designing deep mitigation strategies, and that technological options could allow Mexico to achieve its emission reduction targets, albeit at a cost to the country.
| Original language | English |
|---|---|
| Pages (from-to) | 587-599 |
| Number of pages | 13 |
| Journal | Energy Economics |
| Volume | 56 |
| DOIs | |
| Publication status | Published - 29 Aug 2014 |
Funding
The research that allowed the publication of this paper has been produced with the financial assistance of the European Union in the context of the CLIMACAP project ( EuropeAid/131944/C/SER/Multi ) and of the U.S. Agency for International Development and U.S. Environmental Protection Agency in the context of the LAMP project (under Interagency Agreements DW89923040 and DW89923951US ). The contents of this publication are the sole responsibility of the authors and can in no way be taken to reflect the views of the European Union or the U.S. government. The authors would like to thank all CLIMACAP and LAMP project partners for their feedback and efforts to enable the research results reported in this article.
Keywords
- Climate policy
- Mexico
- Mitigation
- Mitigation pathway
- Modeling