A case-study on project-level CO2 mitigation costs in industrialised countries - the Climate Cent Foundation in Switzerland

Abstract

We analyse CO2 emissions reduction costs based on project data from the Climate Cent Foundation (CCF), a climate policy instrument in Switzerland. We draw four conclusions. First, for the projects investigated, the CCF on average pays € 63/t. Due to the Kyoto Protocol, the CCF buys reductions until 2012 only. This cutoff increases reported per ton reduction costs, as the additional lifetime project costs are set in relation to reductions until 2012 only, rather than to reductions realised over the whole lifetime. Lifetime reduction co Show more