The IPCC report I’ve most been looking forward to is from Working Group III, on mitigation. It looks like drafts of that report are already leaking — Reuters has a (poorly written) rundown.

From what I can tell through the muddy writing, the IPCC lays out a range of mitigation scenarios, which would run anywhere from 0.2 to 3.0 percent of global GDP:

The IPCC scenario of a 0.2 percent loss in GDP in 2030 is based on stabilising greenhouse gases at 650 parts per million (ppm) in the atmosphere by 2030, up from about 430 ppm now. …

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UN “best estimates” show that might bring a temperature rise of 3.2-4.0 C (5.8-3.2 F) over pre-industrial times. Tighter curbs would cost ever more.

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The most stringent scenario, costing 3 percent of GDP, would limit greenhouse gases to 445-535 ppm by 2030, inside a range likely to bring a 2-2.4 Celsius (3.6-4.3F) rise.

From what I understand, most serious climate activists want to shoot for 450ppm or below.

How to go about mitigation? The Reuters write-up says only this:

… easily achieved curbs include better use of fossil fuels, shifts to energies such as wind, solar or nuclear power and better management of forestry and farming.

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Economic benefits in addition to energy savings include better health from less pollution, less damage to agriculture from acid rain and greater energy security by cutting imports.

I guess we’ll find out more soon.