Romania Toward a Low Carbon and Climate Resilient Economy : Marginal Abatement Cost Curve Analysis
The Marginal Abatement Cost Curves (MACC) analysis in the Romania Green Growth study presents a cross-sectoral outlook of the benefits and costs of the green technologies and abatement measures recommended in the sectoral modeling and analysis for...
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| Format: | Brief |
| Language: | English en_US |
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World Bank, Washington, DC
2016
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| Online Access: | http://documents.worldbank.org/curated/en/2016/03/26049048/romania-toward-low-carbon-climate-resilient-economy-marginal-abatement-cost-curve-analysis http://hdl.handle.net/10986/24065 |
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okr-10986-240652021-04-23T14:04:19Z Romania Toward a Low Carbon and Climate Resilient Economy : Marginal Abatement Cost Curve Analysis World Bank BUS TRANSPORT MEASURES MANURE EMISSION TRANSPORT SECTOR CONGESTION DRIVING TRAFFIC CONGESTION TRAVEL POLICIES IPCC CLIMATE CHANGE FOREST MANAGEMENT CARBON VALUE POWER ENERGY EFFICIENCY MEASURES ELECTRICITY VEHICLES URBAN CONGESTION MARGINAL COST ACTIVITIES GENERATION CLIMATE ACCESSIBILITY DEMAND FUEL EMISSION ABATEMENT WIND EMISSIONS ANNUAL COST ABATEMENT POTENTIAL COST-BENEFIT FOREST POWER SUPPLY MARGINAL ABATEMENT COST MODELS GAS ABATEMENT MEASURES NET COST LIGHTNING TRAFFIC PRICE TAX MARGINAL ABATEMENT ABATEMENT COSTS POLICY AIR ENERGY EFFICIENCY CLIMATE CHANGE STRATEGY ENERGY DEMAND WALKING PRESENT VALUE BIOMASS VEHICLE CO2 DECREASE IN EMISSIONS INVESTMENT COSTS AIR TRAVEL FUEL PRICE EMISSION COEFFICIENTS ACCIDENTS TRANSPORT COAL SUPPLY FUEL GHG ENERGY SUPPLY ABATEMENT POLICIES OPTIONS AVAILABILITY INVESTMENTS COSTS OF TRANSPORT ELECTRICITY SUPPLY POLLUTION FORESTRY NOISE TRANSPORT POLICIES APPROACH EMISSIONS REDUCTION ABATEMENT COST BENEFITS ENERGY The Marginal Abatement Cost Curves (MACC) analysis in the Romania Green Growth study presents a cross-sectoral outlook of the benefits and costs of the green technologies and abatement measures recommended in the sectoral modeling and analysis for the time period 2015-2050. MACC are a commonly used tool in evaluating emissions reduction technologies and a most efficient communication instrument for discussions of the abatement policies. Romania’s MACC is a combination of sectoral curves, each of which was built using the most appropriate approach for each sector. Global and local data sources were use in the MACC analysis. The findings are as follows: (i) sector analysis conducted for the Romania Green Growth Assessment resulted in a selection of a list of measures that constitute a green package in each sector of energy efficiency, powersupply, forestry, agriculture,and transport; (ii) a review by sector shows that energy efficiency measures are most beneficial, they have high abatement potential and mostly negative cost, while electricity supply interventions produce most of the abatement; (iii) agriculture and forestry measures are cost efficient and (iv) in transport, attacking emissions and generating local co-benefits justifies the high cost of the interventions and motivates support for improved transport policies. The conclusions and recommendations are as follows: (a) The MACC work derives from the analysis and modeling of all the relevant sectors in the Assessment; (b) when the MACC data from all sectors is modeled in one chart, it creates a clear and simple picture that compares green measures by costs and benefits across sectors; and (c) the Romania MACC can increase the quality of decisions regarding prioritizing and scheduling the proposed abatement measures. 2016-04-14T21:53:10Z 2016-04-14T21:53:10Z 2015-12-31 Brief http://documents.worldbank.org/curated/en/2016/03/26049048/romania-toward-low-carbon-climate-resilient-economy-marginal-abatement-cost-curve-analysis http://hdl.handle.net/10986/24065 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Economic & Sector Work :: Policy Note Economic & Sector Work Europe and Central Asia Romania |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
BUS TRANSPORT MEASURES MANURE EMISSION TRANSPORT SECTOR CONGESTION DRIVING TRAFFIC CONGESTION TRAVEL POLICIES IPCC CLIMATE CHANGE FOREST MANAGEMENT CARBON VALUE POWER ENERGY EFFICIENCY MEASURES ELECTRICITY VEHICLES URBAN CONGESTION MARGINAL COST ACTIVITIES GENERATION CLIMATE ACCESSIBILITY DEMAND FUEL EMISSION ABATEMENT WIND EMISSIONS ANNUAL COST ABATEMENT POTENTIAL COST-BENEFIT FOREST POWER SUPPLY MARGINAL ABATEMENT COST MODELS GAS ABATEMENT MEASURES NET COST LIGHTNING TRAFFIC PRICE TAX MARGINAL ABATEMENT ABATEMENT COSTS POLICY AIR ENERGY EFFICIENCY CLIMATE CHANGE STRATEGY ENERGY DEMAND WALKING PRESENT VALUE BIOMASS VEHICLE CO2 DECREASE IN EMISSIONS INVESTMENT COSTS AIR TRAVEL FUEL PRICE EMISSION COEFFICIENTS ACCIDENTS TRANSPORT COAL SUPPLY FUEL GHG ENERGY SUPPLY ABATEMENT POLICIES OPTIONS AVAILABILITY INVESTMENTS COSTS OF TRANSPORT ELECTRICITY SUPPLY POLLUTION FORESTRY NOISE TRANSPORT POLICIES APPROACH EMISSIONS REDUCTION ABATEMENT COST BENEFITS ENERGY |
| spellingShingle |
BUS TRANSPORT MEASURES MANURE EMISSION TRANSPORT SECTOR CONGESTION DRIVING TRAFFIC CONGESTION TRAVEL POLICIES IPCC CLIMATE CHANGE FOREST MANAGEMENT CARBON VALUE POWER ENERGY EFFICIENCY MEASURES ELECTRICITY VEHICLES URBAN CONGESTION MARGINAL COST ACTIVITIES GENERATION CLIMATE ACCESSIBILITY DEMAND FUEL EMISSION ABATEMENT WIND EMISSIONS ANNUAL COST ABATEMENT POTENTIAL COST-BENEFIT FOREST POWER SUPPLY MARGINAL ABATEMENT COST MODELS GAS ABATEMENT MEASURES NET COST LIGHTNING TRAFFIC PRICE TAX MARGINAL ABATEMENT ABATEMENT COSTS POLICY AIR ENERGY EFFICIENCY CLIMATE CHANGE STRATEGY ENERGY DEMAND WALKING PRESENT VALUE BIOMASS VEHICLE CO2 DECREASE IN EMISSIONS INVESTMENT COSTS AIR TRAVEL FUEL PRICE EMISSION COEFFICIENTS ACCIDENTS TRANSPORT COAL SUPPLY FUEL GHG ENERGY SUPPLY ABATEMENT POLICIES OPTIONS AVAILABILITY INVESTMENTS COSTS OF TRANSPORT ELECTRICITY SUPPLY POLLUTION FORESTRY NOISE TRANSPORT POLICIES APPROACH EMISSIONS REDUCTION ABATEMENT COST BENEFITS ENERGY World Bank Romania Toward a Low Carbon and Climate Resilient Economy : Marginal Abatement Cost Curve Analysis |
| geographic_facet |
Europe and Central Asia Romania |
| description |
The Marginal Abatement Cost Curves
(MACC) analysis in the Romania Green Growth study presents a
cross-sectoral outlook of the benefits and costs of the
green technologies and abatement measures recommended in the
sectoral modeling and analysis for the time period
2015-2050. MACC are a commonly used tool in evaluating
emissions reduction technologies and a most efficient
communication instrument for discussions of the abatement
policies. Romania’s MACC is a combination of sectoral
curves, each of which was built using the most appropriate
approach for each sector. Global and local data sources were
use in the MACC analysis. The findings are as follows: (i)
sector analysis conducted for the Romania Green Growth
Assessment resulted in a selection of a list of measures
that constitute a green package in each sector of energy
efficiency, powersupply, forestry, agriculture,and
transport; (ii) a review by sector shows that energy
efficiency measures are most beneficial, they have high
abatement potential and mostly negative cost, while
electricity supply interventions produce most of the
abatement; (iii) agriculture and forestry measures are cost
efficient and (iv) in transport, attacking emissions and
generating local co-benefits justifies the high cost of the
interventions and motivates support for improved transport
policies. The conclusions and recommendations are as
follows: (a) The MACC work derives from the analysis and
modeling of all the relevant sectors in the Assessment; (b)
when the MACC data from all sectors is modeled in one chart,
it creates a clear and simple picture that compares green
measures by costs and benefits across sectors; and (c) the
Romania MACC can increase the quality of decisions regarding
prioritizing and scheduling the proposed abatement measures. |
| format |
Brief |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Romania Toward a Low Carbon and Climate Resilient Economy : Marginal Abatement Cost Curve Analysis |
| title_short |
Romania Toward a Low Carbon and Climate Resilient Economy : Marginal Abatement Cost Curve Analysis |
| title_full |
Romania Toward a Low Carbon and Climate Resilient Economy : Marginal Abatement Cost Curve Analysis |
| title_fullStr |
Romania Toward a Low Carbon and Climate Resilient Economy : Marginal Abatement Cost Curve Analysis |
| title_full_unstemmed |
Romania Toward a Low Carbon and Climate Resilient Economy : Marginal Abatement Cost Curve Analysis |
| title_sort |
romania toward a low carbon and climate resilient economy : marginal abatement cost curve analysis |
| publisher |
World Bank, Washington, DC |
| publishDate |
2016 |
| url |
http://documents.worldbank.org/curated/en/2016/03/26049048/romania-toward-low-carbon-climate-resilient-economy-marginal-abatement-cost-curve-analysis http://hdl.handle.net/10986/24065 |
| _version_ |
1764455553902313472 |