We would love to make the ribbon a simple loop, this would solve a lot of problems, unfortunately the ribbon would break.
As for boosters the fuel for them would cause a very large increase in the climbers weight. The rockets used by NASA are practically all fuel tank. The large rockets are needed to move a capsule the size of a small truck 100 miles, on the flat road vehicles use a much smaller fuel tank. Although a lot of the fuel is used to accelerate the capsule to 27,000 km/h.
The strength of materials is called the tensile strength and is measured in pascals. Steel has a tensile strength of 2,000,000,000 Pa (or 2000 MPa) and carbon nanotubes 62,000,000,000 (or 62000 MPa). The space elevator cable hangs down so a measure called the breaking length is important. This is the length of material (in km) that can support its own weight. The breaking length of steel is 25.93 km and the breaking length of carbon nanotubes is 4,716 km. Pity the space elevator will be 100,000 km high.
http://en.wikipedia.org/wiki/Specific_strengthUsing a doubled back cable that rocks up and down to lift the cabin instead of an on board motor has been proposed, avoiding the heat problems, but this is just a dream until a super strength material has been invented.