Description: This document is part of Technical Report (ref: EUR 21758 EN) from the Joint Research Centre and presents part of the modelling work conducted by DG JRC/IPTS as a contribution to the DG ENV Communication on post-2012 climate policy analysis (June 2005). The analyses with the POLES and GEM-E3 models show that the costs of abatement policies, both in marginal terms and total terms, can be significantly reduced if emissions trading and project based mechanisms are used.
Creator: Russ, P.; Ciscar, J. C. & Szabó, L.
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