Böhringer, Christoph; Jensen, Jesper; Rutherford, Thomas F. - 2014
base case we find that the EU implementation of the Kyoto Protocol implies low overall costs and a relatively even cost … distribution across member states. We also show that a less optimistic development in energy efficiency implies higher costs in all … countries, especially in those with high abatement costs. Finally, we find that uniform abatement targets increase overall costs …