| Version | Summary | Created by | Modification | Content Size | Created at | Operation |
|---|---|---|---|---|---|---|
| 1 | Vivi Li | -- | 1397 | 2022-11-14 01:43:37 |
An emissions budget, carbon budget, emissions quota, or allowable emissions, is an upper limit of total carbon dioxide (CO2) emissions associated with remaining below a specific global average temperature. An emissions budget may also be associated with objectives for other related climate variables, such as radiative forcing. Global emissions budgets are calculated according to historical cumulative emissions from fossil fuel combustion, industrial processes, and land-use change, but vary according to the global temperature target that is chosen, the probability of staying below that target, and the emission of other non-CO2 greenhouse gases (GHGs). Global emissions budgets can be further divided into national emissions budgets, so that countries can set specific climate mitigation goals. Emissions budgets are relevant to climate change mitigation because they indicate a finite amount of carbon dioxide that can be emitted over time, before resulting in dangerous levels of global warming. Change in global temperature is independent from the geographic location of these emissions, and is largely independent of the timing of these emissions. In line with the 2018 Special report on Global Warming of 1.5° C by the IPCC, the Mercator Research Institute on Global Commons and Climate Change estimates that the CO2 budget associated with 1.5 °C degrees of warming will be exhausted in 2028 if emissions remain on the current level of the late 2010s. Beyond a 1.5°C temperature rise, the risk of long-lasting and irreversible consequences of climate change increases. An emissions budget may be distinguished from an emissions target, as an emissions target may be internationally or nationally set in accordance with objectives other than a specific global temperature. This includes targets created for their political palatability, rather than ones focused on climate science warnings.