IDEAS home Printed from https://ideas.repec.org/a/eee/enepol/v61y2013icp1116-1126.html
   My bibliography  Save this article

The usefulness of marginal CO2-e abatement cost curves in Austria

Author

Listed:
  • Wächter, Petra

Abstract

Energy efficiency measures are manifold in all economic sectors. These measures can be pictured by a marginal abatement cost curve (MACC) which is a common way to show CO2-e abatement potential and its related costs in various fields. In this paper, we calculated the marginal CO2-e abatement cost curve for Austria for the first time to fulfill the need for country specific cost curves. One of the strengths of such curves lies in their ability to highlight that energy efficiency measures can even have negative abatement costs. The weaknesses consist of neglecting a change in energy prices, the rate of diffusion, and compatibility with existing technologies. By using a static bottom-up approach we constructed the MACC for four economic sectors (household, service, transport, energy) and found a national mitigation potential of 45.4 million tons CO2-e. The results further show that even with the measures with negative abatement costs it is possible to make the necessary CO2-e mitigation to fulfill the Kyoto Protocol. The conclusions emphasize that the curve makes a contribution to overcome one of the barriers of implementation by providing enhanced information on energy efficiency measures and its costs.

Suggested Citation

  • Wächter, Petra, 2013. "The usefulness of marginal CO2-e abatement cost curves in Austria," Energy Policy, Elsevier, vol. 61(C), pages 1116-1126.
    • Handle: RePEc:eee:enepol:v:61:y:2013:i:c:p:1116-1126
    DOI: 10.1016/j.enpol.2013.06.125
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301421513006320
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.enpol.2013.06.125?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Brown, Marilyn A., 2001. "Market failures and barriers as a basis for clean energy policies," Energy Policy, Elsevier, vol. 29(14), pages 1197-1207, November.
    2. Stern,Nicholas, 2007. "The Economics of Climate Change," Cambridge Books, Cambridge University Press, number 9780521700801, September.
    3. Kenneth Gillingham & Richard G. Newell & Karen Palmer, 2009. "Energy Efficiency Economics and Policy," Annual Review of Resource Economics, Annual Reviews, vol. 1(1), pages 597-620, September.
    4. Criqui, Patrick & Mima, Silvana & Viguier, Laurent, 1999. "Marginal abatement costs of CO2 emission reductions, geographical flexibility and concrete ceilings: an assessment using the POLES model," Energy Policy, Elsevier, vol. 27(10), pages 585-601, October.
    5. Kuik, Onno & Brander, Luke & Tol, Richard S.J., 2009. "Marginal abatement costs of greenhouse gas emissions: A meta-analysis," Energy Policy, Elsevier, vol. 37(4), pages 1395-1403, April.
    6. del Ri­o González, Pablo, 2008. "Policy implications of potential conflicts between short-term and long-term efficiency in CO2 emissions abatement," Ecological Economics, Elsevier, vol. 65(2), pages 292-303, April.
    7. Bohringer, Christoph & Rutherford, Thomas F., 2008. "Combining bottom-up and top-down," Energy Economics, Elsevier, vol. 30(2), pages 574-596, March.
    8. Klepper, Gernot & Peterson, Sonja, 2006. "Marginal abatement cost curves in general equilibrium: The influence of world energy prices," Resource and Energy Economics, Elsevier, vol. 28(1), pages 1-23, January.
    9. Weber, Lukas, 1997. "Some reflections on barriers to the efficient use of energy," Energy Policy, Elsevier, vol. 25(10), pages 833-835, August.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Vogt-Schilb, Adrien & Hallegatte, Stephane, 2011. "When starting with the most expensive option makes sense : use and misuse of marginal abatement cost curves," Policy Research Working Paper Series 5803, The World Bank.
    2. repec:hal:ciredw:hal-00916328 is not listed on IDEAS
    3. repec:hal:wpaper:hal-00916328 is not listed on IDEAS
    4. Vogt-Schilb, Adrien & Hallegatte, Stéphane, 2014. "Marginal abatement cost curves and the optimal timing of mitigation measures," Energy Policy, Elsevier, vol. 66(C), pages 645-653.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kesicki, Fabian, 2013. "What are the key drivers of MAC curves? A partial-equilibrium modelling approach for the UK," Energy Policy, Elsevier, vol. 58(C), pages 142-151.
    2. Adam Rose & Dan Wei & Noah Miller & Toon Vandyck, 2017. "Equity, Emissions Allowance Trading and the Paris Agreement on Climate Change," Economics of Disasters and Climate Change, Springer, vol. 1(3), pages 203-232, October.
    3. Halkos, George, 2014. "The Economics of Climate Change Policy: Critical review and future policy directions," MPRA Paper 56841, University Library of Munich, Germany.
    4. Ashwin K Seshadri, 2017. "Economics of limiting cumulative CO2 emissions," Papers 1706.03502, arXiv.org.
    5. Rockstuhl, Sebastian & Wenninger, Simon & Wiethe, Christian & Häckel, Björn, 2021. "Understanding the risk perception of energy efficiency investments: Investment perspective vs. energy bill perspective," Energy Policy, Elsevier, vol. 159(C).
    6. Peterman, Andrew & Kourula, Arno & Levitt, Raymond, 2012. "A roadmap for navigating voluntary and mandated programs for building energy efficiency," Energy Policy, Elsevier, vol. 43(C), pages 415-426.
    7. Pablo Pintos & Pedro Linares, 2016. "Assessing the EU ETS with an Integrated Model," Working Papers 01-2016, Economics for Energy.
    8. Häckel, Björn & Pfosser, Stefan & Tränkler, Timm, 2017. "Explaining the energy efficiency gap - Expected Utility Theory versus Cumulative Prospect Theory," Energy Policy, Elsevier, vol. 111(C), pages 414-426.
    9. Vogt-Schilb, Adrien & Hallegatte, Stéphane, 2014. "Marginal abatement cost curves and the optimal timing of mitigation measures," Energy Policy, Elsevier, vol. 66(C), pages 645-653.
    10. Seyed Vahid Vakili & Fabio Ballini & Dimitrios Dalaklis & Aykut I. Ölçer, 2022. "A Conceptual Transdisciplinary Framework to Overcome Energy Efficiency Barriers in Ship Operation Cycles to Meet IMO’s Initial Green House Gas Strategy Goals: Case Study for an Iranian Shipping Compan," Energies, MDPI, vol. 15(6), pages 1-25, March.
    11. Ángeles Longarela-Ares & Anxo Calvo-Silvosa & José-Benito Pérez-López, 2020. "The Influence of Economic Barriers and Drivers on Energy Efficiency Investments in Maritime Shipping, from the Perspective of the Principal-Agent Problem," Sustainability, MDPI, vol. 12(19), pages 1-42, September.
    12. Qiu, Yueming & Colson, Gregory & Grebitus, Carola, 2014. "Risk preferences and purchase of energy-efficient technologies in the residential sector," Ecological Economics, Elsevier, vol. 107(C), pages 216-229.
    13. Chai, Kah-Hin & Yeo, Catrina, 2012. "Overcoming energy efficiency barriers through systems approach—A conceptual framework," Energy Policy, Elsevier, vol. 46(C), pages 460-472.
    14. Chen Shi & Yujiao Xian & Zhixin Wang & Ke Wang, 2023. "Marginal abatement cost curve of carbon emissions in China: a functional data analysis," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 28(2), pages 1-25, February.
    15. Vitaliy Roud & Thomas Wolfgang Thurner, 2018. "The Influence of State‐Ownership on Eco‐Innovations in Russian Manufacturing Firms," Journal of Industrial Ecology, Yale University, vol. 22(5), pages 1213-1227, October.
    16. Apriani Soepardi & Pratikto Pratikto & Purnomo Budi Santoso & Ishardita Pambudi Tama & Patrik Thollander, 2018. "Linking of Barriers to Energy Efficiency Improvement in Indonesia’s Steel Industry," Energies, MDPI, vol. 11(1), pages 1-22, January.
    17. Richard Tol, 2011. "Regulating knowledge monopolies: the case of the IPCC," Climatic Change, Springer, vol. 108(4), pages 827-839, October.
    18. Badau, Flavius & Färe, Rolf & Gopinath, Munisamy, 2016. "Global resilience to climate change: Examining global economic and environmental performance resulting from a global carbon dioxide market," Resource and Energy Economics, Elsevier, vol. 45(C), pages 46-64.
    19. Lehmann, Paul, 2010. "Combining emissions trading and emissions taxes in a multi-objective world," UFZ Discussion Papers 4/2010, Helmholtz Centre for Environmental Research (UFZ), Division of Social Sciences (ÖKUS).
    20. Du, Limin & Hanley, Aoife & Wei, Chu, 2015. "Estimating the Marginal Abatement Cost Curve of CO2 Emissions in China: Provincial Panel Data Analysis," Energy Economics, Elsevier, vol. 48(C), pages 217-229.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:enepol:v:61:y:2013:i:c:p:1116-1126. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/enpol .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.