greenhouse gas emissions in the EU area and Finland as well as for simulating the economic impacts of EU climate policy. Climate … policy analysis necessitates a model of the whole EU area, because CO2 emissions of the EU area emission trading sector … losses induced by EU climate policy in 2008-2012 will be more se-vere in a small open energy intensive economy like Finland …

report consists of international comparisons. The main comparison countries are the so-called old EU countries (EU15) of … Western Europe, the new EU countries (EU12) and the United States. Comparisons are also made with individual countries. After … couple of per cent higher and in December 2009 about 7 per cent higher than the average in the old EU countries, but it is …