countries purchasing carbon credits, such as Japan and Korea, abatement measures
with low MAC are apt to substitute abatement measures with higher MAC under a
carbon trading scenario, leading to lower domestic abatement costs.
References
Akimoto K, Tomoda T, Fujii Y, Yamaji K (2004) Assessment of global warming mitigation options
with integrated assessment model DNE21. Energy Econ 26:635–653
Caciagli V (2018) Emission trading schemes and carbon markets in the NDCs: their contribution to
the Paris agreement. In: Alves F, Leal Filho W, Azeiteiro U (eds) Theory and practice of climate
adaptation. Springer International Publishing, Cham, pp 539–571. https://doi.org/10.1007/9783-319-72874-2_31
den Elzen MGJ, Hof AF, Beltran AM, Grassi G, Roelfsema M, van Ruijven B et al (2011) The
Copenhagen Accord: abatement costs and carbon prices resulting from the submissions. Environ Sci Policy 14(1):28–29
Fricko O, Havlik P, Rogelj J, Klimont Z, Gusti M, Johnson N et al (2016) The marker quantification
of the shared socioeconomic pathway 2: a middle-of-the-road scenario for the 21st century.
Glob Environ Chang 42:251. https://doi.org/10.1016/j.gloenvcha.2016.06.004
Fujimori S, Kubota I, Dai H, Takahashi K, Hasegawa T, Liu J, Hijioka Y, Masui T, Takimi M
(2016) Will international emissions trading help achieve the objectives of the Paris agreement?
Environ Res Lett 11(10):104001. https://doi.org/10.1088/1748-9326/11/10/104001
Gao S, Li M, Duan M, Wang C (2019) International carbon markets under the Paris agreement:
basic form and development prospects. Adv Clim Chang Res 10(1):21–29. https://doi.org/10.
1016/j.accre.2019.03.001
O’Neill BC, Kriegler E, Ebi KL, Kemp-Benedict E, Riahi K, Rothman DS et al (2014) The roads
ahead: narratives for shared socioeconomic pathways describing world futures in the 21st
century. Glob Environ Chang 42:169. https://doi.org/10.1016/j.gloenvcha.2015.01.004
Schneider L, La Hoz Theuer S, Howard A, Kizzier K, Cames M (2020) Outside in? Using
international carbon markets for mitigation not covered by nationally determined contributions
(NDCs) under the Paris agreement. Clim Pol 20(1):18–29. https://doi.org/10.1080/14693062.
2019.1674628
Su X, Ren H, Zhou W, Mu H, Nakagami K (2010) Study on future scenarios of low-carbon Society
in East Asia Area, part 1: development of Glocal century energy and environment planning
model and case study. Policy Sci 17(2):85–96
Su X, Zhou W, Nakagami K, Ren H, Mu H (2012a) Capital stock-labor-energy substitution and
production efficiency study for China. Energy Econ 34(4):1208–1213. https://doi.org/10.1016/j.
eneco.2011.11.002
Su X, Zhou W, Ren H, Nakagami K (2012b) Co-benefit analysis of carbon emission reduction
measures for China, Japan and Korea. Policy Sci 19(2):99–112
Su X, Zhou W, Sun F, Nakagami K (2014) Possible pathways for dealing with Japan’s postFukushima challenge and achieving CO 2 emission reduction targets in 2030. Energy 66:90–97.
https://doi.org/10.1016/j.energy.2014.02.002
The World Bank (2020) World development indicators. https://data.worldbank.org/
UNFCCC (2020) Nationally determined contributions (NDCs) Interim Registry. https://www4.
unfccc.int/sites/ndcstaging/Pages/Home.aspx
14 Achievement of Nationally Determined Contributions (NDCs) Through Emissions. . .
271
with low MAC are apt to substitute abatement measures with higher MAC under a
carbon trading scenario, leading to lower domestic abatement costs.
References
Akimoto K, Tomoda T, Fujii Y, Yamaji K (2004) Assessment of global warming mitigation options
with integrated assessment model DNE21. Energy Econ 26:635–653
Caciagli V (2018) Emission trading schemes and carbon markets in the NDCs: their contribution to
the Paris agreement. In: Alves F, Leal Filho W, Azeiteiro U (eds) Theory and practice of climate
adaptation. Springer International Publishing, Cham, pp 539–571. https://doi.org/10.1007/9783-319-72874-2_31
den Elzen MGJ, Hof AF, Beltran AM, Grassi G, Roelfsema M, van Ruijven B et al (2011) The
Copenhagen Accord: abatement costs and carbon prices resulting from the submissions. Environ Sci Policy 14(1):28–29
Fricko O, Havlik P, Rogelj J, Klimont Z, Gusti M, Johnson N et al (2016) The marker quantification
of the shared socioeconomic pathway 2: a middle-of-the-road scenario for the 21st century.
Glob Environ Chang 42:251. https://doi.org/10.1016/j.gloenvcha.2016.06.004
Fujimori S, Kubota I, Dai H, Takahashi K, Hasegawa T, Liu J, Hijioka Y, Masui T, Takimi M
(2016) Will international emissions trading help achieve the objectives of the Paris agreement?
Environ Res Lett 11(10):104001. https://doi.org/10.1088/1748-9326/11/10/104001
Gao S, Li M, Duan M, Wang C (2019) International carbon markets under the Paris agreement:
basic form and development prospects. Adv Clim Chang Res 10(1):21–29. https://doi.org/10.
1016/j.accre.2019.03.001
O’Neill BC, Kriegler E, Ebi KL, Kemp-Benedict E, Riahi K, Rothman DS et al (2014) The roads
ahead: narratives for shared socioeconomic pathways describing world futures in the 21st
century. Glob Environ Chang 42:169. https://doi.org/10.1016/j.gloenvcha.2015.01.004
Schneider L, La Hoz Theuer S, Howard A, Kizzier K, Cames M (2020) Outside in? Using
international carbon markets for mitigation not covered by nationally determined contributions
(NDCs) under the Paris agreement. Clim Pol 20(1):18–29. https://doi.org/10.1080/14693062.
2019.1674628
Su X, Ren H, Zhou W, Mu H, Nakagami K (2010) Study on future scenarios of low-carbon Society
in East Asia Area, part 1: development of Glocal century energy and environment planning
model and case study. Policy Sci 17(2):85–96
Su X, Zhou W, Nakagami K, Ren H, Mu H (2012a) Capital stock-labor-energy substitution and
production efficiency study for China. Energy Econ 34(4):1208–1213. https://doi.org/10.1016/j.
eneco.2011.11.002
Su X, Zhou W, Ren H, Nakagami K (2012b) Co-benefit analysis of carbon emission reduction
measures for China, Japan and Korea. Policy Sci 19(2):99–112
Su X, Zhou W, Sun F, Nakagami K (2014) Possible pathways for dealing with Japan’s postFukushima challenge and achieving CO 2 emission reduction targets in 2030. Energy 66:90–97.
https://doi.org/10.1016/j.energy.2014.02.002
The World Bank (2020) World development indicators. https://data.worldbank.org/
UNFCCC (2020) Nationally determined contributions (NDCs) Interim Registry. https://www4.
unfccc.int/sites/ndcstaging/Pages/Home.aspx
14 Achievement of Nationally Determined Contributions (NDCs) Through Emissions. . .
271