Modelling and assessing inter-regional trade of CO2 emission reduction units

Bahn O, Barreto L, & Kypreos S (2001). Modelling and assessing inter-regional trade of CO2 emission reduction units. Environmental Modeling & Assessment DOI:10.1023/A:1011914015053.

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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.

Item Type: Article
Uncontrolled Keywords: CO2 emissions; Market of emission reduction units; Multi-regional energy-economy modelling
Research Programs: Environmentally Compatible Energy Strategies (ECS)
Bibliographic Reference: Environmental Modeling & Assessment; 6(3):173-182 [2001]
Depositing User: IIASA Import
Date Deposited: 15 Jan 2016 02:12
Last Modified: 23 Feb 2016 10:55
URI: http://pure.iiasa.ac.at/6276

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