This study assesses for the Spain the marginal cost of carbon dioxide abatement accounting for projected changes in other greenhouse gases, and the resulting economic cost. While the Kyoto Protocol established limits for participating countries’ emissions from six greenhouse gases, this analysis analyzes the cost of reducing carbon dioxide (CO2) from energy use after taking into account reductions in the other greenhouse gases that were projected by reliable sources. There was no attempt to quantify the cost of these reductions in the analysis.
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