Table 1.
Greenhouse gas concentration trajectory | Households with air conditioning, % | Change in residential electricity consumption (compared with 2010), % | Total change in annual electricity expenditure (US 2010 dollars, millions) | Total change in annual carbon dioxide emissions, millions of tons |
Intensive margin only | ||||
RCP 4.5 | 13 | 7.5 | $357 | 2.7 |
RCP 8.5 | 13 | 15.4 | $733 | 5.5 |
Intensive and extensive margins, with 2% annual income growth | ||||
RCP 4.5 | 71 | 64.4 | $3,065 | 23.1 |
RCP 8.5 | 81 | 83.1 | $3,955 | 29.8 |