Marginal abatement cost

Part of a series on
Green economics
Concepts Green accounting Green economy Green trading Eco commerce Green job Environmental enterprise Fiscal environmentalism Environmental finance
Policies Sustainable tourism Ecotax Environmental tariff Net metering Environmental pricing reform
Dynamics Renewable energy commercialization Marginal Abatement Cost Green paradox Green politics Pollution haven theory
Carbon related Low-carbon economy Carbon neutrality Carbon pricing Emissions trading Carbon credit Carbon offset Carbon emission trading Personal carbon trading Carbon tax Carbon finance Feed-in tariff Carbon diet Food miles 2000-watt society Carbon footprint
v · emissions trading, driving forecasts of carbon allowance prices, prioritizing investment opportunities, and shaping policy discussions. Usage For example, carbon traders use marginal abatement cost (MAC) curves to derive the supply function for modelling carbon price fundamentals. Power companies may employ MAC curves to guide their decisions about long-term capital investment strategies to select among a variety of efficiency and generation options. Economists have used MAC curves to explain the economics of interregional carbon trading,[1] and policy-makers turn to MAC curves to show how much abatement an economy can afford and where policy should be directed to achieve the emission reductions. Various economists, research organizations, and consultancies have produced MAC curves. Bloomberg New Energy Finance[2] and McKinsey & Company[3] have produced economy wide analyses on greenhouse gas emissions reductions for the United States. ICF International[4] produced a California specific curve following AB-32 legislation as have Sweeney and Weyant.[5] The Wuppertal Institute for Climate, Environment and Energy produced several marginal abatement cost curves for Germany (also called Cost Potential Curves), depending on the perspective (end-user, utilities, society). [6] The US Environmental Protection Agency has done work on a MAC curve for non carbon dioxide emissions such as methane, N2O, and HFCs[7]. Enerdata and LEPII-CNRS (France) produce MAC curves with the POLES model for the 6 Kyoto Protocol gases[8], these curves have been used for various public and private actors either to assess carbon policies [9] or through the use of a carbon market analysis tool[10]. Typically, MAC curves cover emissions reduction opportunities across a number of sectors in an economy including power, industry, waste, buildings, transport, agriculture, and forestry. See also Marginal cost Environmental economics Cost-potential curve References ^ Ellerman, A.D. and Decaux, A., Analysis of post-Kyoto CO2 emissions trading using marginal abatement curves, 1998. ^ Bloomberg New Energy Finance, US Marginal Abatement Cost Curve, 2010 ^ McKinsey & Company, Reducing US greenhouse gas emissions: how much at what cost? 2007 ^ ICF International, Emission reduction opportunities for non-CO2 greenhouse gases in California, 2005 ^ Sweeney, J. and Weyant, J., Analysis of measures to meet the requirements of California’s Assembly Bill 32, 2008 ^ Options and Potentials for Energy End-use Efficiency and Energy Services, Wuppertal Institute, 2006 ^ EPA, Global mitigation of non-CO2 greenhouse gases, 2006 ^ Enerdata , Production of MAC curves by sector and by country, 2010 ^ [Impacts of Multi-gas Strategies for Greenhouse Gas Emissions Abatement: Insights from a Partial Equilibirum Model, Criqui P., Russ P., Deybe D., in The Energy Journal, Special Issue: Multi-Greenhouse Gas Mitigation and Climate Policy, 2007] ^ Enerdata, Use of MACCs for carbon markets analysis, 2010 Wikimedia Foundation. 2010. Игры ⚽ Поможем написать реферат Price per watt Cost sharing Look at other dictionaries: Emissions trading — (or emission trading) is an administrative approach used to control pollution by providing economic incentives for achieving reductions in the emissions of pollutants. It is sometimes called cap and trade.A central authority (usually a government …   Wikipedia Carbon tax — Part of a series on Green economics Concepts …   Wikipedia Carbon credit — This article deals with carbon credits for international trading. For carbon credits for individuals, see personal carbon trading. For voluntary schemes, see carbon offset. Part of a series on …   Wikipedia Feed-in tariff — Part of a series on Green economics Concepts …   Wikipedia Carbon offset — Part of a series on Green economics Concepts …   Wikipedia McKinsey & Company — Type Incorporated Partnership Industry Management consulting Founded 1926 …   Wikipedia Net metering — Part of a series on Green economics Concepts …   Wikipedia Renewable energy commercialization — The wind, Sun, and biomass are three renewable energy sources …   Wikipedia Low-carbon economy — Part of a series on Green economics Concepts …   Wikipedia Prospective Outlook on Long-term Energy Systems — (POLES) est un modèle mondial de simulation du secteur de l’énergie. Il s’agit d’un modèle récursif à pas annuel, à horizon 2050 (voire 2100), de simulation de l’offre et de la demande énergétique. Le modèle couvre de nombreux secteurs et intègre …   Wikipédia en Français 18+ © Academic, 2000-2024 Contact us: Technical Support, Advertising Dictionaries export, created on PHP, Joomla, Drupal, WordPress, MODx. Mark and share Search through all dictionaries Translate… Search Internet Share the article and excerpts Direct link … Do a right-click on the link above and select “Copy Link”