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...

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Bibliographic Details
Main Authors: Morris, Jennifer Faye, Paltsev, Sergey, Reilly, John M
Other Authors: Massachusetts Institute of Technology. Joint Program on the Science & Policy of Global Change
Format: Article
Language:English
Published: Springer Netherlands 2017
Online Access:http://hdl.handle.net/1721.1/106558
https://orcid.org/0000-0003-3287-0732
https://orcid.org/0000-0001-5595-0968