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European stabilization targets: What do they bring, how much do they cost?

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Cost-Benefit Analyses of Climate Change
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Abstract

This paper is a synthesis of several observations, not many of which have been published or discussed in detail, covering differences in climate change policy between North America and Western Europe (of small and rich European countries in particular), a systematic overestimation of mitigation cost by additional energy efficiency improvements in energy models, and a cost evaluation of climate change policy in Germany where some 5 % of the gross domestic product (GDP) increase would be needed to meet the 25% emissions reduction target by 2005, a small price in the eyes of the author for reducing the anticipated risks.

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© 1998 Springer Basel AG

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Jochem, E. (1998). European stabilization targets: What do they bring, how much do they cost?. In: Toth, F.L. (eds) Cost-Benefit Analyses of Climate Change. Birkhäuser, Basel. https://doi.org/10.1007/978-3-0348-8928-5_5

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  • DOI: https://doi.org/10.1007/978-3-0348-8928-5_5

  • Publisher Name: Birkhäuser, Basel

  • Print ISBN: 978-3-0348-9831-7

  • Online ISBN: 978-3-0348-8928-5

  • eBook Packages: Springer Book Archive

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