The name is absent



Industry-Level Emission Trading in the EU

33


A.1 Zero Profit Conditions

1. Production of goods except for fossil fuels:

=Pir - Σ θiirpYjr -θKTle
j $EG


θEPE1 -σkle + (1 -θE■)( ()I >- + (1 -θkl)Pk-kl


1

FI-Ckle

-0


i £ FF


2. Production of fossil fuels:

r=pir -


. , . √ __
⅛ ' + (1-θQ ) θLFplr

V


1

-' c ^p^

+(Cpkr +θ P       -0

j rιr 1)


i FF


3. Energy aggregate (except for electricity sector):

Λ ELE A1 cele     Z1  n ELEx

- θir P{Y,ELE,r} + (1 - θir  )


1-c^,^,i

cCAA^A coa ,z1  cCAA

θir  P{Y,COA,r} + (1 - θir


1

1-C ELE  1-c ELE

1-Ccoa

>      = 0


3. Energy aggregate for electricity sector:


π

j{ GAS, OIL, COA}


Aβjir
PYAjr


4. Armington aggregate:



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