Second, it is the least costly approach in the short term,
because abatement costs are exceptionally heterogeneous across sources.
Not exact matches
We present the first global analysis of the
costs of abating the estimated 76 million tonnes of methane emitted worldwide each year in oil and gas operations, which suggest that 40 - 50 % of these emissions can be mitigated at no net
cost,
because the value of the captured methane could cover the
abatement measures.
An emissions price path with this property precludes all opportunities for arbitrage
because the discounted marginal
cost of
abatement is constant across time.
First, climate protection is a public good that requires collective action,
because firms and individuals will not otherwise bear the private
costs needed to achieve the global benefits of
abatement.
In the latest UN climate «warning,» the UN argues that the
costs of CO2
abatement are not all that high
because we have to offset these
costs with ancillary benefits of these actions.
«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.