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Erscheinungsjahr: 
2001
Schriftenreihe/Nr.: 
Nota di Lavoro No. 7.2001
Verlag: 
Fondazione Eni Enrico Mattei (FEEM), Milano
Zusammenfassung: 
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.
Schlagwörter: 
Environmental policy
Kyoto protocol
international agreements
CO2 emission
emission trading
marginal abatement cost
JEL: 
C13
C21
C53
Q38
Q41
Q48
Dokumentart: 
Working Paper

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