When Starting with the Most Expensive Option Makes Sense On Marginal Abatement Cost Curves and Optimal Abatement Pathways
type: Dataset
description: This paper investigates the optimal implementation schedule of the measures listed in a Marginal Abatement Cost Curves (MACC). Costs and abating potentials of each measure, provided by a MACC, are completed with a maximum implementation speed. We find that, when coping with a carbon budget, it makes sense to implement some expensive options before exhausting the abating potential of the cheapest options. With abatement targets expressed in terms of emissions at one point in time, e.g.~reducing emissions by 20\% in 2020 and by 75\% in 2050 it can be preferable to start with the most expensive options if their potential is higher and their inertia is great. The best strategy to reach a short-term target depends on whether this target is the ultimate objective or there is a longer-term target. Using just the cheapest options to reach the 2020 target may create a carbon-intensive lock-in and make the 2050 target unreachable. Results suggest that a unique carbon price in all sectors may not be the most efficient approach. Additional sectoral policies, such as the 20\% renewable energy target in Europe, may be part of an efficient mitigation policy.
landing page: 0921-8009
keyword: dynamic-efficiency
keyword: inertia
keyword: infoeu-reposemanticspreprint
keyword: jel-o---economic-development-innovation-technological-change-and-growthoo2---development-plann
keyword: jel-q---agricultural-and-natural-resource-economics--environmental-and-ecological-economicsqq4--
keyword: jel-q---agricultural-and-natural-resource-economics--environmental-and-ecological-economicsqq5--
keyword: optimal-timing
keyword: preprints-working-papers-
keyword: sectoral-policies
keyword: shsecohumanities-and-social-scienceseconomics-and-finance
issued: 2026-05-13T11:16:40.595362
modified: 2026-05-13T11:16:40.595368
language: en
contact point: Organization
  fn: CCSD

test_moissonnage_selune
type: Agent

When Starting with the Most Expensive Option Makes Sense On Marginal Abatement Cost Curves and Optimal Abatement Pathways
type: Distribution
format: HTML
access URL: https://enpc.hal.science/hal-00626261
issued: 2026-05-13T11:16:40.602998
modified: 2026-05-13T11:16:40.566897