Work

The Economic Effects of EU-Wide Industry-Level Emission Trading to Reduce Greenhouse Gases: Results from PRIMES Energy Systems Model

Year: 2000

Type: article

Abstract: In preparation of the Green Paper on greenhouse gas emissions trading within the European Union, the cost implications of EU-wide emissions trading carbon dioxide were estimated by E3-Lab with their PRIMES energy systems model. According to the report, if each EU member States implemented its target under the Burden sharing agreement individually, the total annual cost for the EU to reach the Kyoto target would be 9.0 billion Pound.

Source: University of North Texas Digital Library (University of North Texas)

Authors: Pantélis Capros, L. Manzos

Language: English

Topic: Climate Change Policy and Economics

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Climate action

Open Access status: green

OpenAlex ID: W1490976311

FWCI: 10.42

Cites:

Cited by: 38

Related to: 10