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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/3775| Title: | Marginal abatement cost curves in general equilibrium: The influence of world energy prices |
| Keywords: | F18 D58 C68 Q41 ddc:330 Climate change , marginal abatement cost curves , energy prices , computable general equilibrium model Klimaschutz Klimaveränderung Umweltschutzkosten Erdölpreis Allgemeines Gleichgewicht Simulation Welt |
| Issue Date: | 16-Oct-2013 |
| Description: | Marginal abatement cost curves (MACCs) are a favorite instrument to analyze international emissions trading. This paper focusses on the question of how to define MACCs in a general equilibrium context where the global abatement level influences energy prices and in turn national MACCs. We discuss the mechanisms theoretically and then use the CGE model DART for quantitative simulations. The result is, that changes in energy prices resulting from different global abatement levels do indeed affect national MACCs. Also, we compare different possibilities of defining MACCs - of which some are robust against changes in energy prices while others vary considerably. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/3775 |
| Other Identifiers: | Resource and energy economics 0928-7655 28 2006 1 1-23 http://hdl.handle.net/10419/3775 ppn:507257537 ppn:507257537 RePEc:zbw:ifwkie:3775 |
| Appears in Collections: | EconStor |
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