Not exact matches
Under this
scenario,
growth drops steadily during the
economic adjustment period, but in an orderly way for over a decade or more as Beijing slowly gets credit
growth under control.
While well - designed tax cuts can promote
economic growth that leads to more revenue, there is no realistic
scenario that this «dynamic revenue» will be as large as the initial tax cut.
Russia's
economic growth depends very much on different oil price
scenarios, according to Oleg Kouzmin and Charles Robertson, economist and chief economist respectively at Renaissance Capital bank.
The worst case
scenario according to Credit Suisse is negative
economic growth in 2013 of -0.5 % GDP.
It's also unclear if or when
economic growth could turn around, even in the best case
scenario.
Ben ten Brink, researcher at the Planbureau voor de Leefomgeving (PBL): «This
scenario is conceivable for regions that face a combination of impactful developments, such as strong population
growth, poverty, climate change, a weak
economic system and a feeble government.
The long - term warming over the 21st century, however, is strongly influenced by the future rate of emissions, and the projections cover a wide variety of
scenarios, ranging from very rapid to more modest
economic growth and from more to less dependence on fossil fuels.
Key finding: innovation + policy =
economic growth A third
scenario includes a $ 30 per ton price on carbon dioxide emissions from power plants, redistributed to taxpayers through proportional tax payments.
The scientists simulated hundreds of
scenarios looking into the future and found that on average, the water basins that feed
economic growth in China and India will have less water than they do today.
In business - as - usual
scenarios, consumption — a proxy for
economic growth — grows by 1.6 to 3 percent per year over the 21st century.
In turn, the ministry, taking a holistic view of the dismal
scenario in Pakistan, has launched a vast number of projects that fall under other ministries but that involve the effective use of science and technology for
economic growth.
By comparison,
scenarios for fossil fuel emissions for the 21st century range from about 600 billion tons (if we can keep total global emissions at current levels) to over 2500 billion tons if the world increases its reliance on combustion of coal as
economic growth and population increase dramatically.
IIASA researchers have been involved in greenhouse gas emission projections since the beginning of climate change research in the 1970s, including research on both historical emissions as well as projections for future emissions based on multiple
scenarios of
economic and population
growth and technological change.
The results of such calculations, using standard
economic assumptions and actuarial survivor probabilities, are shown in Figure 1, where we plot the
growth of pension wealth over the career cycle for a typical educator in Missouri under three different promotion
scenarios, in 2012 dollars.
Money manager Cliff Asness tells Fortune magazine that either interest rates are going to head back down or
economic growth is going to pick up and either
scenario is good for stocks.
In the end, the safest way of anticipating & playing out this potential
scenario is (again) to upgrade one's portfolio to focus on higher quality /
growth companies at a better price — i.e. companies which can ideally offer stability & secular
growth, regardless of the
economic environment & outlook.
`... be followed by a
scenario where, almost at the snap of a finger,
economic growth, risk appetite and especially inflation will start firing monstrously on all cylinders... Therefore, there seems to be plenty of time to kill before you really need to jump into those real asset / inflation pure plays.»
But only to be followed by a
scenario where, almost at the snap of a finger,
economic growth, risk appetite and especially inflation will start firing monstrously on all cylinders... Therefore, there seems to be plenty of time to kill before you really need to jump into those real asset / inflation pure plays.
Then the weak point of the
scenarios used in SRES is that they all rely upon a continuous
economic growth throughout the century - which is by no means granted -, and that they all exceed by far the amount of proven reserves for at least one fuel — which can hardly be considered as a likely event, by definition of «proven».
«Then the weak point of the
scenarios used in SRES is that they all rely upon a continuous
economic growth throughout the century - which is by no means granted -...» Gilles — 26 Jan 2011 @ 11:59 AM
The uncertainty in future
economic growth (then and now) means that we have to use end member
scenarios (both worst (A) and best (C) cases) to bracket the possiblities.
Rather, the IPCC has produced various «emissions
scenarios» that represent estimates of how greenhouse gas emissions might evolve if humans follow various paths of
economic development and population
growth.
The latest relevant ABARE publication («
Economic impact of climate change policy», ABARE Research Report 06 - 7) says that global CO2 emissions in its reference case closely follow those under the IPCC's A2 scenario to 2030 and that the latter scenario assumes a decline in economic growth after that ye
Economic impact of climate change policy», ABARE Research Report 06 - 7) says that global CO2 emissions in its reference case closely follow those under the IPCC's A2
scenario to 2030 and that the latter
scenario assumes a decline in
economic growth after that ye
economic growth after that year (pps.
This team, led by Jose Marengo of the Brazilian National Institute for Space Research (INPE), assesses the local impacts of the global SRES A1B emissions
scenario, an old IPCC
scenario for (A1) a world with rapid
economic growth, decreasing population after 2050 and rapid implementation of efficient technologies with (B) a «balanced mix of energy sources».
The key difference from figure A is that much lower population and
economic growth rates are assumed in this lower emissions
scenario.
The model is estimated over five different
scenarios projecting
economic growth.
In this publication EirGrid introduced
scenario planning into our grid development process as a way of ensuring the electricity grid continues to support Ireland's
economic growth and expanding population in the face of an uncertain future.
The three
scenarios developed are Modern Jazz, which represents a «digitally disrupted,» innovative, and market - driven world, Unfinished Symphony, a world in which more «intelligent» and sustainable
economic growth models emerge as the world drives to a low carbon future, and a more fragmented
scenario called Hard Rock, which explores the consequences of weaker and unsustainable
economic growth with inward - looking policies.
For example, some
scenarios have «rapid» ***
economic growth and some have slow
economic growth.
If adaptation can be completed within 10 years,
economic growth in the 21st century would be 0.6 % slower if climate changes according to the A2
scenario than in the case without climate change.
Imagine a
scenario in which global warming would lead to zero costs between now and the year 2200, at which point global
economic growth would be permanently reduced by 0.1 percent — in other words, that
economic output starting in 2200 would be 99.9 percent of what it would have been had there been no global warming.
SSPs include quantifications of factors that are considered drivers of such outcomes such as population
growth and
economic growth, but quantification of the consequences of these drivers is left to
scenarios that will be produced based on the SSPs (van Vuuren et al. 2013).
«The IPCC
scenarios completely miss this point, and as a result their models are based on the assumption that everyone in the developing wrld will be consuming coal and oil at the same rate as today, scaled up by a huge degree of
economic growth.»
RCP8.5 represents the worst - case emissions
scenario and assumes high, unregulated
economic growth and increased burning of fossil fuels.
The red line with yellow range represents the warming to come over the next 90 years in one of the more moderate IPCC business - as - usual emissions
scenarios (A1B - rapid global
economic growth with a balanced emphasis on all energy sources).
Carbon Tracker conducted a wholesale review of energy
scenario assumptions in Lost in Transition and found that the low - carbon transition could be faster - than - expected due to
economic shifts in key
growth regions such as China and India, and even lower overall energy demand due to lower
economic growth, as per the OECD's latest long - term forecast.
This
scenario is characterized by «very rapid
economic growth, global population that peaks in mid-century and declines thereafter... the rapid introduction of new technologies,... and the assumption that similar improvement rates apply to all energy supply and end - use technologies».
To summarize, most of these
economic analyses agree that a carbon pricing policy will reduce U.S. GDP -
growth by less than 1 % over the next 10 — 40 years as compared to an unrealistically optimistic BAU
scenario in which climate change does not impact the economy.
In other words, climate analysts construct their
scenarios not to avoid dangerous climate change but to avoid threatening
economic growth.
Michael # 29, the classical economists of the 18th and 19th centuries (Adam Smith, David Ricardo, Thomas Malthus, John Stuart Mill) all wrestled with the problem of limits to
growth and came up with
scenarios for the human future ranging from extreme pessimism (Malthus) to optimism (John Stuart Mill's expectation that at a certain stage of
economic development human society would cease to grow in material scale and reach a «stationary state» where the emphasis would be on qualitative human, social and cultural development.
Nordhaus (2005) recommends that
economic growth scenarios should be constructed by using regional or national accounting figures (including
growth rates) for each region, but using PPP exchange rates for aggregating regions and updating over time by use of a superlative price index.
In the experiment, greenhouse gas emissions in the coming century were assumed to follow a trajectory that climate modelers refer to as the A1B
scenario, in which global
economic growth is rapid and driven by a balanced portfolio of energy sources, including fossil fuels, renewables, and nuclear.
Let's take a «middle of the pack» IPCC SRES model - based «
scenario and storyline» representing «business as usual» with very rapid
economic growth, human population continuing to grow but at a slower rate, leveling off at a population of around 10.5 billion by the end of the century and no «climate initiatives»
All such projections involve assumptions about the future that can not be tested, so the authors spread their bets: they considered a range of
scenarios involving crude population
growth, levels of
economic growth with time, and a series of predictions of sea level rise, as icecaps and glaciers melt, and as the oceans warm and expand according to predictable physical laws.
Gazing at the same modelling printouts, Treasury wrote that the
economic effects of all
scenarios considered «are small compared with the ongoing
growth in GDP and GNI per person over time» (p. 72).
All four
scenarios, however, project falling final energy consumption, despite continued
growth in
economic activity and energy services across all sectors of the economy.
AEOHEG, similarly, denotes a high
economic growth scenario without the CPP.)
The differences between
scenarios are even more pronounced for solar
growth expectations, although they depend more on
economic growth rates than the other energy sources.
But in the high
economic growth scenario, gas takes a hit beginning in 2030.
It can only come from a simple, pragmatic assessment of complexity and scientific uncertainty — feeding into development and energy
scenarios that enhance human dignity and foster
economic growth.