The economic impacts on Slovakia of tightening the EU GHG target from -20 to -30%.
|Author(s):|| Mgr. Lukáš Rečka , Bruyn de, Sander; Markowska, Agnieszka; Nelissen, Dagmar; Balajka, Jiří |
Mgr. Milan Ščasný PhD., Bruyn de, Sander; Markowska, Agnieszka; Nelissen, Dagmar; Balajka, Jiří
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|Published in:||CE Delft|
|Keywords:||Greenhouse Gasses, Emissions, Reduction, Costs, Benefits, Economy, Impacts|
|Suggested Citation:||Bruyn de, S, Markowska, A., Nelissen, D., Šcasny, M., Balajka, J., Rečka, L. (2011), The economic impacts on Slovakia of tightening the EU GHG target from -20 to -30%. Delft, CE Delft, September 2011|
|Abstract:||In this study we use partial equilibrium analysis to assess the impacts on the Slovak economy of the EU tightening its climate target from a 20 to a 30% reduction in greenhouse gas emissions by 2020 as compared to 1990. The main aim of the study is to assess the additional costs and benefits of meeting a more stringent climate target accuring to different players in the Slovakian economy, with a sectoral breakdown of these costs. Using statistical data (Slovstat, EU ETS Registry) and forecast (PRIMES/GAINS), a broader macro-economic analysis was performed to assess the likely impacts not only
on the electricity and industrial sector but also on welfare more generally, including budgetary revenues and benefits accruing from abatement of associated pollutant emissions.