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The EU 20/20/2020 Targets: An Overview of the EMF22 Assessment
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- Talaei, Alireza & Ahadi, Mohammad Sadegh & Maghsoudy, Soroush, 2014. "Climate friendly technology transfer in the energy sector: A case study of Iran," Energy Policy, Elsevier, vol. 64(C), pages 349-363.
- Marschinski, Robert & Flachsland, Christian & Jakob, Michael, 2012. "Sectoral linking of carbon markets: A trade-theory analysis," Resource and Energy Economics, Elsevier, vol. 34(4), pages 585-606.
- Böhringer, Christoph & Lange, Andreas & Rutherford, Thomas F., 2014.
"Optimal emission pricing in the presence of international spillovers: Decomposing leakage and terms-of-trade motives,"
Journal of Public Economics, Elsevier, vol. 110(C), pages 101-111.
- Christoph Böhringer & Andreas Lange & Thomas F. Rutherford, 2010. "Optimal Emission Pricing in the Presence of International Spillovers: Decomposing Leakage and Terms-of-Trade Motives," NBER Working Papers 15899, National Bureau of Economic Research, Inc.
- Christoph Böhringer & Andreas Lange & Thomas F. Rutherford, 2012. "Optimal Emission Pricing in the Presence of International Spillovers: Decomposing Leakage and Terms-of-Trade Motives," Working Papers V-347-12, University of Oldenburg, Department of Economics, revised Jun 2012.
- Böhringer, Christoph & Garcia-Muros, Xaquin & Gonzalez-Eguino, Mikel & Rey, Luis, 2017.
"US climate policy: A critical assessment of intensity standards,"
Energy Economics, Elsevier, vol. 68(S1), pages 125-135.
- Christoph Böhringer & Xaquín Garcia-Muros & Mikel Gonzalez-Eguino & Luis Rey, 2015. "US Climate Policy: A Critical Assessment of Intensity Standards," ZenTra Working Papers in Transnational Studies 61 / 2015, ZenTra - Center for Transnational Studies, revised Nov 2015.
- Christoph Böhringer & Xaquin Garcia-Muros & Mikel Gonzalez-Eguino & Luis Rey, 2015. "US climate policy: a critical assessment of intensity standards," Working Papers 2015-04, BC3.
- Christoph Böhringer & Xaquín Garcia-Muros & Mikel Gonzalez-Eguino & Luis Rey, 2015. "US Climate Policy: A Critical Assessment of Intensity Standards," Working Papers V-384-15, University of Oldenburg, Department of Economics, revised Jul 2015.
- Hennessy, Hugh & Tol, Richard S.J., 2011.
"The impact of tax reform on new car purchases in Ireland,"
Energy Policy, Elsevier, vol. 39(11), pages 7059-7067.
- Hennessy, Hugh & Tol, Richard S. J., 2010. "The Impact of Tax Reform on New Car Purchases in Ireland," Papers WP349, Economic and Social Research Institute (ESRI).
- Karlõševa, Aljona & Nõmmann, Sulev & Nõmmann, Tea & Urbel-Piirsalu, Evelin & Budziński, Wiktor & Czajkowski, Mikołaj & Hanley, Nick, 2016.
"Marine trade-offs: Comparing the benefits of off-shore wind farms and marine protected areas,"
Energy Economics, Elsevier, vol. 55(C), pages 127-134.
- Aljona Karlõševa & Sulev Nõmmann & Tea Nõmmann & Evelin Urbel-Piirsalu & Wiktor Budzinski & Mikolaj Czajkowski & Nick Hanley, 2015. "Marine Trade-Offs: Comparing the Benefits of Off-Shore Wind Farms and Marine Protected Areas," Discussion Papers in Environment and Development Economics 2015-20, University of St. Andrews, School of Geography and Sustainable Development.
- Aljona Karlõševa & Sulev Nõmmann & Tea Nõmmann & Evelin Urbel-Piirsalu & Wiktor Budzinski & Mikolaj Czajkowski & Nick Hanley, 2015. "Marine trade-offs: comparing the benefits of off-shore wind farms and marine protected areas," Discussion Papers in Environment and Development Economics 2015-14, University of St. Andrews, School of Geography and Sustainable Development.
- Aljona Karlõševa & Sulev Nõmmann & Tea Nõmmann & Evelin Urbel-Piirsalu & Wiktor Budziński & Mikołaj Czajkowski & Nick Hanley, 2015. "Marine trade-offs: comparing the benefits of off-shore wind farms and marine protected areas," Working Papers 2015-19, Faculty of Economic Sciences, University of Warsaw.
- Pashardes, Panos & Pashourtidou, Nicoletta & Zachariadis, Theodoros, 2014.
"Estimating welfare aspects of changes in energy prices from preference heterogeneity,"
Energy Economics, Elsevier, vol. 42(C), pages 58-66.
- Panos Pashardes & Nicoletta Pashourtidou & Theodoros Zachariadis, 2013. "Estimating welfare aspects of changes in energy prices from preference heterogeneity," University of Cyprus Working Papers in Economics 07-2013, University of Cyprus Department of Economics.
- Marc Vielle, 2020.
"Navigating various flexibility mechanisms under European burden-sharing,"
Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 22(2), pages 267-313, April.
- Vielle, Marc, 2019. "Navigating various flexibility mechanisms under European burden-sharing," Conference papers 333040, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
- Brink, Corjan & Vollebergh, Herman R.J. & van der Werf, Edwin, 2016.
"Carbon pricing in the EU: Evaluation of different EU ETS reform options,"
Energy Policy, Elsevier, vol. 97(C), pages 603-617.
- Corjan Brink & Herman R. J. Vollebergh & Edwin van der Werf, 2015. "Carbon Pricing in the EU: Evaluation of Different EU ETS Reform Options," CESifo Working Paper Series 5633, CESifo.
- Christoph Boehringer & Sonja Peterson & Thomas F. Rutherford & Jan Schneider & Malte Winkler, 2021.
"Climate Policies after Paris: Pledge, Trade and Recycle Insights from the 36th Energy Modeling Forum Study (EMF36),"
Working Papers
V-434-21, University of Oldenburg, Department of Economics, revised May 2021.
- Böhringer, Christoph & Peterson, Sonja & Rutherford, Thomas F. & Schneider, Jan & Winkler, Malte, 2021. "Climate policies after Paris: Pledge, trade, and recycle. Insights from the 36th Energy Modeling Forum study (EMF36)," Kiel Working Papers 2183, Kiel Institute for the World Economy (IfW Kiel).
- Almansoori, A. & Betancourt-Torcat, A., 2016. "Design of optimization model for a hydrogen supply chain under emission constraints - A case study of Germany," Energy, Elsevier, vol. 111(C), pages 414-429.
- Peña, Juan Ignacio & Rodríguez, Rosa, 2019. "Are EU's Climate and Energy Package 20-20-20 targets achievable and compatible? Evidence from the impact of renewables on electricity prices," Energy, Elsevier, vol. 183(C), pages 477-486.
- Boeters, Stefan, 2014.
"Optimally differentiated carbon prices for unilateral climate policy,"
Energy Economics, Elsevier, vol. 45(C), pages 304-312.
- Boeters, Stefan, 2013. "Optimally Differentiated Carbon Prices for Unilateral Climate Policy," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79738, Verein für Socialpolitik / German Economic Association.
- Stefan Boeters, 2014. "Optimally Differentiated Carbon Prices for Unilateral Climate Policy," CPB Discussion Paper 283, CPB Netherlands Bureau for Economic Policy Analysis.
- Eskeland, Gunnar S. & Rive, Nathan A. & Mideksa, Torben K., 2012. "Europe’s climate goals and the electricity sector," Energy Policy, Elsevier, vol. 41(C), pages 200-211.
- Berk, Istemi & Kasman, Adnan & Kılınç, Dilara, 2020. "Towards a common renewable future: The System-GMM approach to assess the convergence in renewable energy consumption of EU countries," Energy Economics, Elsevier, vol. 87(C).
- Flachsland, Christian & Brunner, Steffen & Edenhofer, Ottmar & Creutzig, Felix, 2011.
"Climate policies for road transport revisited (II): Closing the policy gap with cap-and-trade,"
Energy Policy, Elsevier, vol. 39(4), pages 2100-2110, April.
- Christian Flachsland & Steffen Brunner & Ottmar Edenhofer & Felix Creutzig, 2010. "Climate policies for road transport revisited (II): Closing the policy gap with cap-and-trade," Working Papers 2, Department of Climate Change Economics, TU Berlin.
- Hermeling, Claudia & Löschel, Andreas & Mennel, Tim, 2013. "A new robustness analysis for climate policy evaluations: A CGE application for the EU 2020 targets," Energy Policy, Elsevier, vol. 55(C), pages 27-35.
- Hübler, Michael & Löschel, Andreas, 2013.
"The EU Decarbonisation Roadmap 2050—What way to walk?,"
Energy Policy, Elsevier, vol. 55(C), pages 190-207.
- Hübler, Michael & Löschel, Andreas, 2012. "The EU decarbonisation roadmap 2050: What way to walk?," ZEW Discussion Papers 12-055, ZEW - Leibniz Centre for European Economic Research.
- Hübler, Michael & Löschel, Andreas, 2013. "The EU decarbonisation roadmap 2050: What way to walk?," ZEW Discussion Papers 12-055 [rev.], ZEW - Leibniz Centre for European Economic Research.
- Carlo Carraro & Massimo Tavoni & Thomas Longden & Giacomo Marangoni, 2013.
"The Optimal Energy Mix in Power Generation and the Contribution from Natural Gas in Reducing Carbon Emissions to 2030 and Beyond,"
Working Papers
2013.86, Fondazione Eni Enrico Mattei.
- Carlo Carraro & Massimo Tavoni & Thomas Longden & Giacomo Marangoni, 2013. "The Optimal Energy Mix in Power Generation and the Contribution from Natural Gas in Reducing Carbon Emissions to 2030 and Beyond," CESifo Working Paper Series 4432, CESifo.
- Carraro, Carlo & Tavoni, Massimo & Longden, Thomas & Marangoni, Giacomo, 2013. "The Optimal Energy Mix in Power Generation and the Contribution from Natural Gas in Reducing Carbon Emissions to 2030 and Beyon," CEPR Discussion Papers 9715, C.E.P.R. Discussion Papers.
- Carraro, Carlo & Tavoni, Massimo & Longden, Thomas & Marangoni, Giacomo, 2013. "The Optimal Energy Mix in Power Generation and the Contribution from Natural Gas in Reducing Carbon Emissions to 2030 and Beyond," Climate Change and Sustainable Development 158751, Fondazione Eni Enrico Mattei (FEEM).
- Capros, Pantelis & Mantzos, Leonidas & Parousos, Leonidas & Tasios, Nikolaos & Klaassen, Ger & Van Ierland, Tom, 2011. "Analysis of the EU policy package on climate change and renewables," Energy Policy, Elsevier, vol. 39(3), pages 1476-1485, March.
- Newbery, David & Pollitt, Michael G. & Ritz, Robert A. & Strielkowski, Wadim, 2018.
"Market design for a high-renewables European electricity system,"
Renewable and Sustainable Energy Reviews, Elsevier, vol. 91(C), pages 695-707.
- Newbery, D. & Pollitt, M. & Ritz, R. & Strielkowski, W., 2017. "Market design for a high-renewables European electricity system," Cambridge Working Papers in Economics 1726, Faculty of Economics, University of Cambridge.
- David Newbery & Michael Pollitt & Robert Ritz & Wadim Strielkowski, 2017. "Market design for a high-renewables European electricity system," Working Papers EPRG 1711, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Wolfgang Buchholz & Jonas Frank & Hans-Dieter Karl & Johannes Pfeiffer & Karen Pittel & Ursula Triebswetter & Jochen Habermann & Wolfgang Mauch & Thomas Staudacher, 2012. "Die Zukunft der Energiemärkte: Ökonomische Analyse und Bewertung von Potenzialen und Handlungsmöglichkeiten," ifo Forschungsberichte, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 57, September.
- Qiu, Cheng & Colson, Gregory & Wetzstein, Michael, 2014.
"An ethanol blend wall shift is prone to increase petroleum gasoline demand,"
Energy Economics, Elsevier, vol. 44(C), pages 160-165.
- Qiu, Cheng & Colson, Gregory & Zhang, Zibin & Wetzstein, Michael E., 2011. "An Ethanol Blend Wall Shift is Prone to Increase Petroleum Gasoline Demand," 2011 Annual Meeting, February 5-8, 2011, Corpus Christi, Texas 98795, Southern Agricultural Economics Association.
- Robaina Alves, Margarita & Rodríguez, Miguel & Roseta-Palma, Catarina, 2011.
"Sectoral and regional impacts of the European carbon market in Portugal,"
Energy Policy, Elsevier, vol. 39(5), pages 2528-2541, May.
- Margarita Robaina Alves & Miguel Rodríguez & Catarina Roseta-Palma, 2010. "Sectoral and regional impacts of the European Carbon Market in Portugal," GEE Papers 0021, Gabinete de Estratégia e Estudos, Ministério da Economia, revised Jul 2010.
- Jägemann, Cosima & Fürsch, Michaela & Hagspiel, Simeon & Nagl, Stephan, 2013. "Decarbonizing Europe's power sector by 2050 — Analyzing the economic implications of alternative decarbonization pathways," Energy Economics, Elsevier, vol. 40(C), pages 622-636.
- Chiodi, Alessandro & Gargiulo, Maurizio & Deane, J.P. & Lavigne, Denis & Rout, Ullash K. & Ó Gallachóir, Brian P., 2013. "Modelling the impacts of challenging 2020 non-ETS GHG emissions reduction targets on Ireland′s energy system," Energy Policy, Elsevier, vol. 62(C), pages 1438-1452.
- Jana Simakova, 2016. "The Gravity Modelling of the Relationship between Exchange Rate Volatility and Foreign Trade in Visegrad Countries," ACTA VSFS, University of Finance and Administration, vol. 10(1), pages 7-30.
- Babonneau, Frédéric & Haurie, Alain & Vielle, Marc, 2018. "Welfare implications of EU Effort Sharing Decision and possible impact of a hard Brexit," Energy Economics, Elsevier, vol. 74(C), pages 470-489.
- Elmer, Theo & Worall, Mark & Wu, Shenyi & Riffat, Saffa B., 2015. "Fuel cell technology for domestic built environment applications: State of-the-art review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 42(C), pages 913-931.
- André Sceia & Juan-Carlos Altamirano-Cabrera & Marc Vielle & Nicolas Weidmann, 2012. "Assessment of Acceptable Swiss post-2012 Climate Policies," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 148(II), pages 347-380, June.
- Stefan Walter, 2018. "The Regional Impact of Biofuel Economics," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 12(3), pages 369-386, August.
- repec:old:wpaper:347 is not listed on IDEAS
- Lomborg, Bjorn, 2020. "Welfare in the 21st century: Increasing development, reducing inequality, the impact of climate change, and the cost of climate policies," Technological Forecasting and Social Change, Elsevier, vol. 156(C).
- Gerlagh, Reyer & Kuik, Onno, 2014. "Spill or leak? Carbon leakage with international technology spillovers: A CGE analysis," Energy Economics, Elsevier, vol. 45(C), pages 381-388.
- Gren, Ing-Marie & Carlsson, Mattias & Elofsson, Katarina & Munnich, Miriam, 2012. "Stochastic carbon sinks for combating carbon dioxide emissions in the EU," Energy Economics, Elsevier, vol. 34(5), pages 1523-1531.
- Gren, Ing-Marie & Carlsson, Mattias, 2013. "Economic value of carbon sequestration in forests under multiple sources of uncertainty," Journal of Forest Economics, Elsevier, vol. 19(2), pages 174-189.
- Böhringer, Christoph & Rutherford, Thomas F., 2013. "Transition towards a low carbon economy: A computable general equilibrium analysis for Poland," Energy Policy, Elsevier, vol. 55(C), pages 16-26.
- Christoph Böhringer, 2014.
"Two Decades of European Climate Policy: A Critical Appraisal,"
Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 8(1), pages 1-17, January.
- Christoph Böhringer, 2013. "Two Decades of European Climate Policy: A Critical Appraisal," ZenTra Working Papers in Transnational Studies 21 / 2013, ZenTra - Center for Transnational Studies, revised Nov 2013.
- Ahonen, Elena & Corbet, Shaen & Goodell, John W. & Günay, Samet & Larkin, Charles, 2022. "Are carbon futures prices stable? New evidence during negative oil," Finance Research Letters, Elsevier, vol. 47(PB).
- Asane-Otoo, Emmanuel, 2014. "The Impacts of Feed-in Tariffs on Innovation: Empirical Evidence from Germany," Conference papers 330221, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
- Francesco Bosello & Carlo Orecchia & David A. Raitzer, 2016.
"Decarbonization Pathways in Southeast Asia: New Results for Indonesia, Malaysia, Philippines, Thailand and Viet Nam,"
Working Papers
2016.75, Fondazione Eni Enrico Mattei.
- Bosello, Francesco & Orecchia, Carlo & Raitzer, David A., 2016. "Decarbonization Pathways in Southeast Asia: New Results for Indonesia, Malaysia, Philippines, Thailand and Viet Nam," MITP: Mitigation, Innovation and Transformation Pathways 250260, Fondazione Eni Enrico Mattei (FEEM).
- Katherine Calvin & Jae Edmonds & Bjorn Bakken & Marshall Wise & Sonny Kim & Patrick Luckow & Pralit Patel & Ingeborg Graabak, 2014. "EU 20-20-20 energy policy as a model for global climate mitigation," Climate Policy, Taylor & Francis Journals, vol. 14(5), pages 581-598, September.
- Nadine Heitmann & Christine Bertram & Daiju Narita, 2012.
"Embedding CCS infrastructure into the European electricity system: a policy coordination problem,"
Mitigation and Adaptation Strategies for Global Change, Springer, vol. 17(6), pages 669-686, August.
- Heitmann, Nadine & Bertram, Christine & Narita, Daiju, 2010. "Embedding CCS infrastructure into the European electricity system: A policy coordination problem," Kiel Working Papers 1657, Kiel Institute for the World Economy (IfW Kiel).
- Dai, Hancheng & Xie, Yang & Liu, Jingyu & Masui, Toshihiko, 2018. "Aligning renewable energy targets with carbon emissions trading to achieve China's INDCs: A general equilibrium assessment," Renewable and Sustainable Energy Reviews, Elsevier, vol. 82(P3), pages 4121-4131.
- Burmeister, Johannes & Peterson, Sonja, 2016. "National climate policies in times of the European Union Emissions Trading System (EU ETS)," Kiel Working Papers 2052, Kiel Institute for the World Economy (IfW Kiel).
- Böhringer, Christoph & Cuntz, Alexander & Harhoff, Dietmar & Asane-Otoo, Emmanuel, 2017. "The impact of the German feed-in tariff scheme on innovation: Evidence based on patent filings in renewable energy technologies," Energy Economics, Elsevier, vol. 67(C), pages 545-553.
- Vollebergh, Herman & van der Werf, Edwin & Vogel, Johanna, 2023. "A descriptive framework to evaluate instrument packages for the low-carbon transition," Ecological Economics, Elsevier, vol. 205(C).
- Qi Han & Sahul Reddy Kadarpeta & Bauke de Vries, 2011. "Governance Instruments for Energy Neutral Housing Developments," ERES eres2011_191, European Real Estate Society (ERES).
- Hübler, Michael & Voigt, Sebastian & Löschel, Andreas, 2014.
"Designing an emissions trading scheme for China—An up-to-date climate policy assessment,"
Energy Policy, Elsevier, vol. 75(C), pages 57-72.
- Michael Hübler & Sebastian Voigt & Andreas Löschel, 2014. "Designing an Emissions Trading Scheme for China – An Up-to-date Climate Policy Assessment," EcoMod2014 6775, EcoMod.
- Hübler, Michael & Löschel, Andreas & Voigt, Sebastian, 2014. "Designing an emissions trading scheme for China: An up-to-date climate policy assessment," ZEW Discussion Papers 14-020, ZEW - Leibniz Centre for European Economic Research.
- Böhringer, Christoph & Peterson, Sonja & Rutherford, Thomas F. & Schneider, Jan & Winkler, Malte, 2021.
"Climate policies after Paris: Pledge, Trade and Recycle,"
Energy Economics, Elsevier, vol. 103(C).
- Böhringer, Christoph & Peterson, Sonja & Rutherford, Thomas F. & Schneider, Jan & Winkler, Malte, 2021. "Climate Policies after Paris: Pledge, Trade, and Recycle," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242408, Verein für Socialpolitik / German Economic Association.
- Böhringer, Christoph & Peterson, Sonja & Rutherford, Thomas & Schneider, Jan & Winkler, Malte, 2021. "Climate Policies after Paris: Pledge, Trade, and Recycle," Conference papers 333268, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
- Sivaraman, Deepak & Horne, Ralph E., 2011. "Regulatory potential for increasing small scale grid connected photovoltaic (PV) deployment in Australia," Energy Policy, Elsevier, vol. 39(2), pages 586-595, February.
- Böhringer, Christoph & Keller, Andreas & Bortolamedi, Markus & Rahmeier Seyffarth, Anelise, 2016. "Good things do not always come in threes: On the excess cost of overlapping regulation in EU climate policy," Energy Policy, Elsevier, vol. 94(C), pages 502-508.
- Alfredo Marvão Pereira & Rui M. Pereira, 2014. "What is it going to take to achieve 2020 Emission Targets? Marginal abatement cost curves and the budgetary impact of CO2 taxation in Portugal (," Working Papers 105, Department of Economics, College of William and Mary.
- Corradini, Massimiliano & Costantini, Valeria & Markandya, Anil & Paglialunga, Elena & Sforna, Giorgia, 2018.
"A dynamic assessment of instrument interaction and timing alternatives in the EU low-carbon policy mix design,"
Energy Policy, Elsevier, vol. 120(C), pages 73-84.
- Massimiliano Corradini & Valeria Costantini & Anil Markandya & Elena Paglialunga & Giorgia Sforna, 2018. "A dynamic assessment of instrument interaction and timing alternatives in the EU low-carbon policy mix design," Post-Print hal-01804043, HAL.
- Veneri, Ottorino & Capasso, Clemente & Patalano, Stanislao, 2017. "Experimental study on the performance of a ZEBRA battery based propulsion system for urban commercial vehicles," Applied Energy, Elsevier, vol. 185(P2), pages 2005-2018.
- Tol, Richard S.J., 2012.
"A cost–benefit analysis of the EU 20/20/2020 package,"
Energy Policy, Elsevier, vol. 49(C), pages 288-295.
- Tol, Richard S. J., 2011. "A Cost-Benefit Analysis of the EU 20/20/2020 Package," Papers WP367, Economic and Social Research Institute (ESRI).
- repec:zbw:hohpro:347 is not listed on IDEAS
- Stefan Schleicher & Claudia Kettner-Marx & Angela Köppl & Barbara Anzinger & Bernhard Cemper & Andreas Türk & Andreas Karner, 2011. "Analysis of Options to Move Beyond 20 Percent Greenhouse Gas Emission Reductions. Background and Evaluation of Impact Documents," WIFO Studies, WIFO, number 41607, March.
- Daniel Gabaldón-Estevan & Elisa Peñalvo-López & David Alfonso Solar, 2018. "The Spanish Turn against Renewable Energy Development," Sustainability, MDPI, vol. 10(4), pages 1-16, April.
- Truong P. Truong & Claudia Kemfert, 2010. "WIATEC: A World Integrated Assessment Model of Global Trade Environment and Climate Change," Discussion Papers of DIW Berlin 1021, DIW Berlin, German Institute for Economic Research.
- Zheng, Yan & Zhou, Min & Wen, Fenghua, 2021. "Asymmetric effects of oil shocks on carbon allowance price: Evidence from China," Energy Economics, Elsevier, vol. 97(C).
- Gren, Ing-Marie & Ang, Frederic, 2019. "Stacking of abatement credits for cost-effective achievement of climate and water targets," Ecological Economics, Elsevier, vol. 164(C), pages 1-1.