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The objective of this paper is to assess the likely allocation effects of the current climate protection strategy as it … is laid out in the National Allocation Plans (NAPs) for the European Emissions Trading Scheme (ETS). The multi …
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reached at minimal cost. This paper first analyzes the conditions for cost efficiency in the current separated carbon markets … equilibrium model is then used to assess the cost efficiency of current EU climate strategies. Finally, based both on the … theoretical as well as the quantitative analysis, recommendations are derived for a better allocation of the reduction burden …
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