Abstract
Sustaining low CO
2 emissions pathways to 2100 may rely on electricity production from biomass. We analyze the economic effect of the availability of biomass resources and technologies with and without CCS within a general equilibrium framework. We assess the robustness of bioenergy with and without CCS for reaching the RCP 3.7 target with the hybrid model Imaclim-R. Global consumption is affected by the absence of CCS or biomass options, and biomass is shown to be a possible technological answer to the absence of CCS. As the use of biomass on a large scale might prove unsustainable, we show that early action is a strategy to reduce the need for biomass and enhance economic growth in the long term.
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