Costs and benefits of low-carbon economy

11 November 2009

 As set out recently by Nicholas Stern, in order to have a reasonable chance of avoiding an increase in the average global temperature of more than 2 degrees Celsius, we need to reduce annual worldwide carbon-dioxide-equivalent (CO2) emissions from the present level of about 50 gigatons, to no more than 20 gigatons by 2050.

The way to get there is to reduce total CO2 emissions to 35 gigatons of by 2030 and 20 gigatons by 2050.

Indonesia, like other developing countries wishing to rise economically, is on the way to significantly increasing its carbon emissions, as the OECD countries have done in previous years.

A low-carbon economy projection, which the country fully underwrites, will go under a business-as-usual scenario. This will require not only that we basically halt our development, but also that we reverse our current energy use, both for transportation and electricity production, to realize Stern's projection.