Sentences with phrase «abatement costs across»

It should be noted, however, that there will be different marginal abatement costs across states, and so aggregate reductions would not be achieved cost - effectively.

To carry this out requires a uniform price on emissions from different regions within a given year (to equalize marginal abatement costs across different countries).

Not exact matches

The SkyShares model enables users to relate a target limit for temperature change to a global emissions ceiling; to allocate this emissions budget across countries using different policy rules; and then uses estimated marginal abatement costs to calculate the costs faced by each country of decarbonising to meet its emissions budget, with the costs for each country depending in part on whether and how much carbon trading is allowed.

An emissions price path with this property precludes all opportunities for arbitrage because the discounted marginal cost of abatement is constant across time.

Second, it is the least costly approach in the short term, because abatement costs are exceptionally heterogeneous across sources.

The market mechanism would ensure that the prices were equalized across different countries, and this would lead to equalizing marginal costs of abatement across countries and to a global minimum cost.

«The court's decision to dismiss the lawsuit regarding the Zero Emission Credit segment of New York's Clean Energy Standard (CES) is good news for New York's climate efforts and citizens across the state because it preserves the most cost - effective source of carbon abatement available to consumers.