Modelling an international market of CO2 emission permits Online publication date: Thu, 24-Jul-2003
by O. Bahn, S. Kypreos, B. Bueler, H.J. Luthi
International Journal of Global Energy Issues (IJGEI), Vol. 12, No. 1/2/3/4/5/6, 1999
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.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Global Energy Issues (IJGEI):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook