Page:The Cost of Delaying Action to Stem Climate Change.pdf/33

 begin mitigation efforts in 2010. Luderer et al. (2013) analyze a scenario where countries implement fragmented policies before coordinating efforts in 2015, 2020, or 2030 to meet a target of 2°C above preindustrial levels by 2100, allowing for overshooting. Edmonds et al. (2008) consider targets of 450, 550, and 660 ppm CO2, with newly developed and developing countries delaying climate action from a start date of 2012 to 2020, 2035 and 2050. Richels et al. (2007) estimate the additional cost of delay by newly developing countries until 2050 for a 450 and 550 ppm CO2 target. Finally, Bosetti et al. (2009) estimate the additional cost when all countries delay climate action for 20 years with a goal of reaching a 550 ppm and 650 ppm CO2e target by 2100.