Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/155253 
Year of Publication: 
2001
Series/Report no.: 
Nota di Lavoro No. 90.2001
Publisher: 
Fondazione Eni Enrico Mattei (FEEM), Milano
Abstract: 
This paper presents an estimate of the costs of reducing CO2 emissions asagreed in Kyoto by Annex 1 countries. Unlike most of the existing literature, this paper uses an Almost Ideal Demand System model for energyproducts to estimate the role of each country within the Annex 1 market. A major result is the provision of marginal (and total) abatement costs foreach. The recent position of the US is also discussed, showing the cost ofsome alternative outcomes.
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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