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Morris 2011 by kmanerkar77 is a document available to read on EtoBox.
What is Morris 2011 about?
This paper analyzes marginal abatement cost (MAC) and marginal welfare cost (MWC) curves for greenhouse gas emissions reductions using the MIT Emissions Prediction and Policy Analysis (EPPA) model. It discusses the stability of MACs over time, their dependency on past policies, and their relationship with MWCs, concluding that MACs may not reliably represent welfare changes. The findings emphasize the importance of considering all greenhouse gases and the effects of international policies on MAC estimations
- Author
- kmanerkar77
- Language
- EN