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

Description:

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.

Creator(s):
Creation Date: May 2000
Partner(s):
UNT Libraries
Collection(s):
Environmental Policy Collection
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Total Uses: 36
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Publisher Info:
Publisher Info: Web: http://ec.europa.eu/environment/
Place of Publication: [Brussels, Belgium]
Date(s):
  • Creation: May 2000
Description:

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.

Note:

[Harvested: 2010-08-27]

European Commission's Directorate General for Environment

Physical Description:

21 p. : ill.

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Subject(s):
Keyword(s): energy market | greenhouse gas emissions | emissions trading scheme | emission allowance | Kyoto target
Partner:
UNT Libraries
Collection:
Environmental Policy Collection
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Resource Type: Text
Format: Text