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Optimal Timing of Greenhouse Gas Emissions Abatement in Europe
Decarbonization by the mid-21st century requires strong commitment to greenhouse emission abatement measures, but national emission reduction pledges are made for the medium term. Achieving medium term targets without taking into account the long term can lead to a lock-in effect, binding countries in pathways that cannot lead to strong decarbonization. This paper sheds light in this issue by combining a theoretical approach with real-world engineering and cost data. We develop a constraineddoi:10.3390/en12101872 fatcat:cd5cmsf5nbdxfeq7yjqrh62cjy