PA41A:
Energy Policy Under Binding Climate Constraints: When and How Can Society Limit the Extraction of Fossil Fuels? I


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Session ID#: 57727

Session Description:
Scientists and policymakers have widely acknowledged that limiting global warming to 2 degrees C above pre-industrial conditions will require leaving most fossil fuel reserves underground. Despite this knowledge, there have been relatively few advances in policy approaches designed specifically to limit fossil fuel extraction.  This started to change in early 2016 when the US Department of Interior began investigating if and how a fixed global carbon budget could be used as a criterion for leasing public lands for coal development. Since then, several countries have cited climate concerns as a rationale for phasing out new oil exploration and production activities. This session will bring together researchers and practitioners to discuss new findings about what fossil fuel deposits must be left undeveloped and what policy approaches – other than reducing fossil fuel demand – could more directly manage a phase-out of fossil fuel production in line with long-term climate goals.
Primary Convener:  Peter Erickson, Stockholm Environment Institute, Seattle, WA, United States
Conveners:  Steven J Davis, University of California Irvine, Earth System Science, Irvine, CA, United States and Georgia Piggot, Stockholm Environment Institute, Davis, CA, United States
Primary Liaison:  Peter Erickson, Stockholm Environment Institute, Seattle, WA, United States
Chairs:  Kathy Mulvey, Union of Concerned Scientists Washington DC, Washington, DC, United States and Peter Erickson, Stockholm Environment Institute, Seattle, WA, United States
OSPA Liaison:  Georgia Piggot, Stockholm Environment Institute, Davis, CA, United States
Index Terms:

1630 Impacts of global change [GLOBAL CHANGE]
6314 Demand estimation [POLICY SCIENCES]
6615 Legislation and regulations [PUBLIC ISSUES]
6620 Science policy [PUBLIC ISSUES]

Abstracts Submitted to this Session:

Enough Already: Committed CO2 Emissions from Developed Fossil Fuel Reserves and the Case for a Managed Decline of Production (408209)
Kelly Trout, Oil Change International, Washington, DC, United States and Greg Muttitt, Oil Change International, London, United Kingdom
Economic analysis of valuation impacts to existing global oil projects in a carbon constrained world (442605)
Mohammad S. Masnadi, Stanford University, Stanford, CA, United States and Adam R Brandt, Stanford University, Department of Energy Science and Engineering, Stanford, CA, United States
Mixed methods for the analysis of risks in low-carbon futures for the Canadian Oil Sands (413370)
Luis D. Virla, University of Sussex, Science Policy Research Unit, Brighton, BN1, United Kingdom, Jenny Lieu, University of Sussex, Science Policy Research Unit, Brighton, United Kingdom, Dirk-Jan van de Ven, Basque Center for Climate Change (BC3), Leioa, Spain and Alistair Smith, Cambridge Econometrics, Cambridge, United Kingdom
A Legal Framework for Action under Existing U.S. Federal and State Law to Keep Fossil Fuels in the Ground (349589)
Kassie Siegel, Center for Biological Diversity, San Francisco, CA, United States
Winding Down Insolvent Producers: The best way to urgently limit fossil fuel extraction, protect the environment, and fund oilfield cleanup and a just transition (343627)
Regan Boychuk, Reclaim Alberta, Calgary, AB, Canada
Public disclosures and investment policies as levers to limit fossil fuel extraction consistent with less than 2 °C warming (439611)
Geoffrey Supran, Harvard University, History of Science, Cambridge, MA, United States, Kathy Mulvey, Union of Concerned Scientists Washington DC, Washington, DC, United States, Peter C Frumhoff, Union of Concerned Scientists, Cambridge, United States, Myles Robert Allen, University of Oxford, ECI/School of Geography and the Environment, Oxford, United Kingdom, Sophie Marjanac, ClientEarth, London, United Kingdom and Jo Alexander, ShareAction, London, United Kingdom

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