Marginal Abatement Costs and Marginal Welfare Costs for Greenhouse Gas Emissions Reductions: Results from the EPPA Model
Marginal abatement cost (MAC) curves, relationships between tonnes of emissions abated and the CO[subscript 2] (or greenhouse gas (GHG)) price, have been widely used as pedagogic devices to illustrate simple economic concepts such as the benefits of emissions trading. They have also been used to pro...
Main Authors: | , , |
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Format: | Article |
Language: | English |
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Springer Netherlands
2017
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Online Access: | http://hdl.handle.net/1721.1/106558 https://orcid.org/0000-0003-3287-0732 https://orcid.org/0000-0001-5595-0968 |