University of North Texas Digital Library (University of North Texas) · 2000 · 37 citations · 0 references
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Public AffairsEconomicsEnvironmental PolicyClimate PolicyEnergy EconomicsEnvironmental EconomicsCarbon Emissions ManagementCarbon MarketsCarbon PricingEmissions TradingGreenhouse Gas AccountingGreenhouse Gas RegulationCarbon DioxideCarbon Emissions TradingContribution Burden SharingEnvironmental Burden SharingGreenhouse Gas EmissionsGreenhouse Gas Mitigation CostsGreenhouse Gas Scenario AnalysisMitigation Cost Assessment
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.