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Modelling and assessing inter-regional trade of CO2 emission reduction units
Abstract A cost-efficient way to allocate carbon dioxide (CO2) emission reductions among countries or regions is to harmonise their marginal reduction costs. This could be achieved by a market of emission reduction units (ERUs). To model such a market, we use a multi-regional MARKAL-MACRO model. It gives insights into the consequences of co-ordinating CO2 abatement on regional energy systems and economies. As a numerical application, we assess the establishment of a market of ERUs among three European countries for curbing their CO2 emissions.
Modelling and assessing inter-regional trade of CO2 emission reduction units
Abstract A cost-efficient way to allocate carbon dioxide (CO2) emission reductions among countries or regions is to harmonise their marginal reduction costs. This could be achieved by a market of emission reduction units (ERUs). To model such a market, we use a multi-regional MARKAL-MACRO model. It gives insights into the consequences of co-ordinating CO2 abatement on regional energy systems and economies. As a numerical application, we assess the establishment of a market of ERUs among three European countries for curbing their CO2 emissions.
Modelling and assessing inter-regional trade of CO2 emission reduction units
Bahn, O. (author) / Barreto, L. (author) / Kypreos, S. (author)
Environmental Modeling & Assessment ; 6 ; 173-182
2001-09-01
10 pages
Article (Journal)
Electronic Resource
English
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