Modelling an international market of CO 2 emission permits

O. Bahn, S. Kypreos, B. Bueler, H.J. Luthi

International Journal of Global Energy Issues, 1999, vol. 12, issue 1/2/3/4/5/6, 283-291

Abstract: Many regions, e.g. countries, have developed energy-economy models (such as MARKAL-MACRO, MM) to assess their energy policies, in particular concerning the curbing of their carbon dioxide CO₂) emissions. To integrate regional MM models, we propose a multiregional MARKAL-MACRO (mMM) model. It enables one to study international cooperation to curb jointly CO₂ emissions through a market of emission permits (certificates). Furthermore, from a decision support perspective, the mMM model can be used to integrate aspects of ecological sustainability (in relation to the climate change issue), economic welfare, efficient resource use and technological innovation. To solve mMM, we have used two alternative mathematical methods. We have implemented both in parallel on a network of independent workstations. As a numerical application, we study the cooperation of three European countries (the Netherlands, Sweden and Switzerland) to curb jointly their CO₂ emissions.

Keywords: carbon dioxide emissions; energy-economy modelling; international market of emission permits; economic equilibrium. (search for similar items in EconPapers)
Date: 1999
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.inderscience.com/link.php?id=825 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijgeni:v:12:y:1999:i:1/2/3/4/5/6:p:283-291

Access Statistics for this article

More articles in International Journal of Global Energy Issues from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().