The name is absent

Industry-Level Emission Trading in the EU

34

ΠA = n -
H dir  Pdir

1

Λ _λ    ^j'^σλ    , _{λ 4   M}^{1 -σ}λ I ^σA _i .CO2 CO2

tθ Ar p_r + (1 - θAr) p_r )   + ^tr  adir

5. Aggregate imports across import regions:

Π^m  M     -M 1-

ir = ^pir ^- I Σ ^{θisr p}is

∖ S

1

^1-G M

= 0

6. Investment:

∏ r=p`, - ∑ θ ∣_rpA,_r=о

i

7. Public good production:

∏G = p^Gr -∑θ p^  = 0

i

8. Household consumption demand:

..(

∏ C=^pC - [ θ E_{cr l}∙ ^ec+(1-θ Cr)

∏ pAC )

i g CG

^1-σ EC

9. Household energy demand:

∏Cr = pC;

X^^∕_z-,C Λ ¹~σEC_λ 1^1-^^cc

∑ (θ iCr p_cir    )l

.i ^EG                        J