Here, we use an input distance function approach to determine the shadow price of carbon dioxide (CO2), technical efficiency and potential for emission reductions industrial sectors China Korea, impact trading on costs. Data from 20 industries in manufacturing South Korea were analyzed during 2015–2019. The CO2 cost-saving effects emissions compared between two countries. average score was 0.71...

Marginal abatement cost (MAC) is a critically important concept for efficient environmental policy and management. In this paper we argue that most empirical studies using frontier estimation methods such as data envelopment analysis (DEA) over-estimate MACs. The first methodological contribution of to clarify the conceptual distinction between shadow price MAC in order analyze three sources up...

One of the pressing issues in climate change is estimating the cost of reducing emissions. While there is a great deal of uncertainty and disagreement about the cost of abatement in general, there is relatively better knowledge about the cost of small reductions in emissions. As larger reductions in emissions are considered, larger deviations from the status quo must be imagined, thus leading t...

Production activities exert a negative impact on the environment through emissions of pollutants. Environmental policies aim at the implementation of abatement technologies to reduce these emissions. Cost-effectiveness analysis is often applied as a tool to find abatement strategies that yield a certain emission reduction at minimum direct abatement cost to the producer concerned. The strength ...

This report examines different alternatives for replacing, treating, and recycling greenhouse gases. It is concluded that treatment (abatement) is the only viable short-term option. Three options for abatement that were tested for use in semiconductor facilities are reviewed, and their performance and costs compared. This study shows that effective abatement options are available to the photovo...

In this paper we carry out a meta-analysis of recent studies into the costs of greenhouse gas mitigation policies that aim at the long-term stabilization of these gases in the atmosphere. We find the cost estimates of the studies to be sensitive to the level of the stabilization target, the assumed emissions baseline, intertemporal optimisation, the choice of control variable (CO2 only versus m...

Relevant implementation of the EU Water Framework Directive with regard to mine water pollution of downstream water bodies requires pressure-impact assessment and catchment-scale economic optimisation of abatement measures. However, pressure-impact assessment is bound to be uncertain. This is because mine water pollution is often an unknown combination of pollution loads, from both known mine w...

Climate change mitigation in the agricultural sector is a key policy goal. Marginal abatement cost curves allow comparing cost-effectiveness of greenhouse gas measures. Existing studies often do not account for heterogeneity farms and interactions between The objective this study to present new approach that allows calculation marginal curve considers farm level interaction effects climate We a...