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Leszek Kasek World Bank, Europe and Central Asia Region Skopje, March 1, 2011 Prospects for Green Growth in Macedonia. Methodological approach
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Theoretical concept How to read the cost curve diagram? MicroMAC curve for Poland 2030 Abatement potential by groups of interventions Capital expenses and operational cost savings, 2010-2030 DATA requirements
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- Reduce GHG emissions as long as Marginal Costs of GHG abatement MAC exceed Marginal Social Costs (MSC) E emissions $/ton cost per 1 ton CO 2 emissions MAC marginal abatement cost MSC marginal social cost (damages caused by E) T cap MC(T) carbon tax Source: Based on: Jacoby and Ellerman, 2002.
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Source: McKinsey and Co.
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