10.05.2013 Views

Carmen Bunzl - Universidad Pontificia Comillas

Carmen Bunzl - Universidad Pontificia Comillas

Carmen Bunzl - Universidad Pontificia Comillas

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Chapter 4. Case Study: Spain 203<br />

1,2<br />

1<br />

0,8<br />

0,6<br />

0,4<br />

0,2<br />

0<br />

Abatement costs as % of GDP<br />

EU 20% without<br />

CDM<br />

EU 20% with CDM EU 30%<br />

Per capita convergence<br />

Multi-criteria<br />

Ability to pay<br />

Triptych<br />

Equal costs<br />

Figure 4 - 19. Abatement costs as % of GDP for 2020 for Spain under the ‘EU 20% unilateral without<br />

CDM’, the ‘EU 20% unilateral with CDM’ and the ‘EU 30% in a multilateral regime’scenarios.<br />

3.3.1.4 Abatement measures 1<br />

As emission trading is included, the measures are taken where they are more<br />

cost-effective. Therefore, the domestic abatement measures are the same for the<br />

six approaches analyzed, although they differ for the three scenarios due to<br />

different emission targets (-20% and -30% compared to 1990 levels) and<br />

different international participation rules, which determines the amount of<br />

credits available on the international market.<br />

In this section, the domestic abatements for Spain per sector and per category<br />

(renewables, energy efficiency, CHP, etc) are presented. Scenarios show small<br />

differences in the absolute domestic abatement measures. In terms of the<br />

relative contributions of sectors and reduction categories to the domestic<br />

abatements, the differences become even negligible, and therefore this section<br />

only shows the results of the ‘EU 20% unilateral without CDM’ scenario.<br />

It should be noted that the reduction over the various categories (renewables,<br />

energy efficiency, CHP, etc) is done on the basis of a cost-effective strategy.<br />

Therefore it does not fully account for the Energy Package as agreed by the EU<br />

1 The following results are drawn from the analysis made by den Elzen et al. (2007b).<br />

Escuela Técnica Superior de Ingeniería ICAI <strong>Carmen</strong> <strong>Bunzl</strong> Boulet Junio 2008

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!