Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/155170
Authors: 
Ciorba, Umberto
Lanza, Alessandro
Pauli, Francesco
Year of Publication: 
2001
Series/Report no.: 
Nota di Lavoro, Fondazione Eni Enrico Mattei 7.2001
Abstract: 
This paper presents an estimation of the cost of reducing CO2 emissions as agreed in Kyoto by Annex I countries. Unlike most of the existing literature, this paper focuses on European Union countries' abatement costs and, using a simple model, estimates the role of each EU country within a EU market as well as an Annex 1 market. As a major result, marginal (and total) abatement costs for each EU country (as well as the EU total cost) are presented. Some conclusions on the redistribution of income among market participants related to the trading system are also shown.
Subjects: 
Environmental policy
Kyoto protocol
international agreements
CO2 emission
emission trading
marginal abatement cost
JEL: 
C13
C21
C53
Q38
Q41
Q48
Document Type: 
Working Paper

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