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The pulp and paper industry (PPI) has several opportunities to contribute to meeting prevailing climate targets. It can cut its own CO2 emissions, which currently account for 2% of global industrial fossil CO2 emissions, and it has an opportunity to produce renewable energy, fuels, and materials for other sectors. The purpose of this study is to improve understanding of the decarbonization prospects of the PPI. The study provides insights on the magnitude of needed annual renewal rates for several possible net-zero target years of industrial fossil CO2 emissions in the PPI and discusses decarbonization opportunities, namely, energy and material efficiency improvement, fuel switching, electrification, renewable energy production, carbon capture, and new products. The effects of climate policies on the decarbonization opportunities are critically evaluated to provide an overview of the current and future business environment of the European PPI. The focus is on Europe, but other regions are analyzed briefly to widen the view. The analysis shows that there are no major technical barriers to the fossil-free operation of the PPI, but the sector renovates slowly, and many new opportunities are not implemented on a large scale due to immature technology, poor economic feasibility, or unclear political environment. [ABSTRACT FROM AUTHOR]

This paper reviews the many criticisms that Integrated Assessment Models (IAMs)—the bedrock of mitigation analysis—have received in recent years. Critics have asserted that there is a lack of transparency around model structures and input assumptions, a lack of credibility in those input assumptions that are made visible, an over-reliance on particular technologies and an inadequate representation of real-world policies and processes such as innovation and behaviour change. The paper then reviews the proposals and actions that follow from these criticisms, which fall into three broad categories: scrap the models and use other techniques to set out low-carbon futures; transform them by improving their representation of real-world processes and their transparency; and supplement them with other models and approaches. The article considers the implications of each proposal, through the particular lens of how it would explore the role of a key low-carbon technology—bioenergy with carbon capture and storage (BECCS), to produce net negative emissions. The paper concludes that IAMs remain critically important in mitigation pathways analysis, because they can encompass a large number of technologies and policies in a consistent framework, but that they should increasingly be supplemented with other models and analytical approaches. [ABSTRACT FROM AUTHOR]