Sentences with phrase «marginal abatement costs»

Halkos, George and Kevork, Ilias and Tziourtzioumis, Chris (2014): Greenhouse gas emissions and marginal abatement cost curves for the road transport in Greece.
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.
Weitzman's work suggests that whether to choose prices or quantities depends on how much marginal abatement costs go up compared to how much the social cost of carbon goes up.
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.
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).
The emissions price must also rise at roughly the rate of interest (about five percent) over time (to equate the discounted marginal abatement costs at different points in time).
If marginal abatement costs go up faster then taxes are supposed to be better.
The gains are unevenly distributed, however, with Annex 1 countries that have the highest autarkic marginal abatement costs tending to benefit the most.
Japan, for example, has already made considerable investments into energy efficiency improvements, so its marginal abatement cost is higher than in countries that have not done so.
Marginal abatement costs are the additional costs required for additional reductions; this approach considers previous efforts.
This approach seeks reduction efforts that are fair for all industrialized countries, by equally sharing the marginal abatement costs of greenhouse gas emission reductions, aiming at a 25 percent reduction from 1990 for these countries.
Morris, J., S. Paltsev, and J. Reilly (2012): «Marginal abatement costs and marginal welfare costs for greenhouse gas emissions reductions: Results from the EPPA model,» Environmental Modeling & Assessment, 17, 325 - 336.
Although the politics may argue for a stepwise or sectoral approach, it should be recognized that neither is likely to be cost - effective, because it is highly unlikely that marginal abatement costs will be equated across all sectors of the economy without the use of a single (implicit) price on carbon.
Unlike a cap - and - trade system, there's no analysis and debate about the cost of allowances (and the marginal abatement costs they represent); and unlike a carbon tax, there's no analysis and no focus on the dollar amount of the tax and the aggregate cost.
The Department of Commerce, in consultation with the Washington State University (WSU) Extension Energy Program, will analyze carbon reduction opportunities which may include a marginal abatement cost curve providing guidance on the cost to reduce emissions in various sectors with various technologies.
Zhang, ZhongXiang (2001): An economic assessment of the Kyoto Protocol using a global model based on the marginal abatement costs of 12 regions.
Marginal abatement costs; Emissions trading; Clean development mechanism; Joint implementation; Kyoto Protocol; Greenhouse gases
Using a global model based on the marginal abatement costs of 12 countries and regions, this paper estimates the contributions of the three Kyoto flexibility mechanisms to meet the total greenhouse gas emissions reductions required of Annex 1 countries under the three trading scenarios respectively.
An economic assessment of the Kyoto Protocol using a global model based on the marginal abatement costs of 12 regions
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