Cost-effective climate policy in a small country

Journal Article · Sat Dec 31 04:00:00 EST 1994 · Energy Journal

DOI:https://doi.org/10.5547/ISSN0195-6574-EJ-Vol15-No4-6· OSTI ID:237583

Hagem, C ^[1]

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1. CICERO, Oslo (Norway)

Unilateral action to curb CO{sub 2} emissions in a small country or a group of countries has only a limited effect on global CO{sub 2} emissions. However, it could be a first step toward a broader climate treaty. So far, unilateral commitments have been aimed at reducing national consumption of fossil fuels. A country that produces and consumes fossil fuels can also infiuence the global CO{sub 2} emissions by reducing its production. The estimated cost of reducing national CO{sub 2} emissions in Norway, through a reduction infossil fuel consumption, is presented in a report from the Environmental Tax Committee (1992). In this paper, that cost is compared with an estimated cost of reducing fossil fuel production. The calculation reveals that it could be less costly to reduce the production than the consumption, given that the effect on global CO{sub 2} emissions is identical. 23 refs., 4 tabs.

• Sponsoring Organization: USDOE
• OSTI ID: 237583
• Journal Information: Energy Journal, Journal Name: Energy Journal Journal Issue: 4 Vol. 15; ISSN ENJODN; ISSN 0195-6574
• Country of Publication: United States
• Language: English

Related Subjects

20 FOSSIL-FUELED POWER PLANTS
29 ENERGY PLANNING, POLICY, AND ECONOMY
CARBON DIOXIDE
ECONOMIC IMPACT
EMISSION
ENVIRONMENTAL POLICY
FOSSIL FUELS
FOSSIL-FUEL POWER PLANTS
FUEL CONSUMPTION
GASEOUS WASTES
MATHEMATICAL MODELS
NORWAY
PRODUCTION
TAXES