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Agreements -- Abatement cost functions -- Abatement costs through 2050 -- Trade and timing -- Estimating investment requirements …
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estimate each of its components using the current state of the literature to derive the estimated optimal investment size and …
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In this paper, we use a computable general equilibrium model (WIATEC) to study the potential impact of implementing Europe's 20-20-20 climate policy. The results show that the economic costs of implementing the policy are only moderate and within the range of recent empirical evidence....
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