“…Yet, even if global emissions were to peak in 2015, and accounting for population and economic growth, the world economy would need to reduce that carbon intensity by 7 percent a year-that is, ten times faster than it actually is-to have a reasonable chance of not raising average temperature by more than 2 °C (Jackson 2009). Furthermore, emission reductions expected from energy efficiency policies and carbon capture and storage systems are likely overestimated, mostly due to the energy penalty of some of those technologies, their scaling-up, non-CO 2 pollution, rebound effect on actual demand, transition costs, and vested interests (Arvesen, Bright, and Hertwich 2011;Sathre et al 2011; see also Jacobson 2009). As Jackson (2009, 83) points out, technological breakthroughs in energy generation, sequestration, or geo-engineering are not impossible, and could very well come from nanotechnology and synthetic biology (see also ETC Group 2004;Kunstler 2005;Hällström 2008).…”