000249534 001__ 249534 000249534 005__ 20210122075851.0 000249534 0247_ $$2doi$$a10.22004/ag.econ.249534 000249534 037__ $$a450-2016-34043 000249534 037__ $$a450-2016-34131 000249534 041__ $$aeng 000249534 245__ $$aWhere in the World is it Cheapest to Cut Carbon Emissions? Ranking Countries by Total and Marginal Cost of Abatement 000249534 260__ $$c2011-08 000249534 269__ $$a2011-08 000249534 300__ $$a29 000249534 336__ $$aWorking or Discussion Paper 000249534 520__ $$aCountries with low marginal costs of abating carbon emissions may have high total costs, and vice versa, for a given climate mitigation policy. This may help to explain different countries' policy stances on climate mitigation. We hypothesize that, under a common percentage cut in emissions intensity relative to business as usual (BAU), countries with higher BAU emissions intensities have lower marginal abatement costs, but total costs relative to output will be similar across countries; and under a common carbon price, relative total costs are higher in emissions-intensive countries. Using the results of the 22nd Energy Modeling Forum, we estimate marginal abatement cost curves for the US, EU, China, and India, which we use to estimate marginal and total costs of abatement under a number of policy options currently under international debate. The results of this analysis provide support for our hypotheses. 000249534 650__ $$aEnvironmental Economics and Policy 000249534 650__ $$aInternational Relations/Trade 000249534 700__ $$aStern, David I. 000249534 700__ $$aPezzey, John C. V. 000249534 700__ $$aLambie, N. Ross 000249534 8564_ $$9fce9c967-13f3-4535-aabe-7c31755629d5$$s1715379$$uhttps://ageconsearch.umn.edu/record/249534/files/CCEP1111Stern.pdf 000249534 887__ $$ahttp://purl.umn.edu/249534 000249534 909CO $$ooai:ageconsearch.umn.edu:249534$$pGLOBAL_SET 000249534 912__ $$nSubmitted by Greta Thormodson (thorm018@umn.edu) on 2016-11-09T22:42:13Z No. of bitstreams: 1 CCEP1111Stern.pdf: 1715379 bytes, checksum: 584902ef39c381496de21f6fd603a0f4 (MD5) 000249534 912__ $$nMade available in DSpace on 2016-11-09T22:42:13Z (GMT). No. of bitstreams: 1 CCEP1111Stern.pdf: 1715379 bytes, checksum: 584902ef39c381496de21f6fd603a0f4 (MD5) Previous issue date: 2011-08 000249534 913__ $$aLicense granted by Greta Thormodson (thorm018@umn.edu) on 2016-11-09T22:40:37Z (GMT): <p class="ds-paragraph"> By depositing this Content ("Content") in AgEcon Search, I agree that I am solely responsible for any consequences of uploading this Content to AgEcon Search and making it publicly available, and I represent and warrant that: I am either the sole creator and the owner of the copyrights and all other rights in the Content; or, without obtaining another’s permission, I have the right to deposit the Content in an archive such as AgEcon Search. To the extent that any portions of the Content are not my own creation, they are used with the copyright holder’s express permission or as permitted by law. Additionally, the Content does not infringe the copyrights or other intellectual property rights of another, nor does the Content violate any laws or another’s rights of privacy or publicity. The Content contains no restricted, private, confidential, or otherwise protected data or information that should not be publicly shared. I understand that AgEcon Search will do its best to provide perpetual access to my Content. In order to support these efforts, I grant the Regents of the University of Minnesota ("University"), through AgEcon Search, the following non-exclusive, irrevocable, royalty-free, world-wide rights and licenses: to access, reproduce, distribute and publicly display the Content, in whole or in part, in order to secure, preserve and make it publicly available, and to make derivative works based upon the Content in order to migrate the Content to other media or formats, or to preserve its public access. These terms do not transfer ownership of the copyright(s) in the Content. These terms only grant to the University the limited license outlined above. </p> 000249534 980__ $$a450 000249534 982__ $$gAustralian National University>Centre for Climate Economics & Policy (CCEP)>Working Papers