… ► We analyse theoretical issues with MAC curves and their use in practice. ► MAC curves
suffer from various theoretical shortcomings. ► Simplistic use of MAC curves in practice …

… for which heavy abatement costs are required and another product without comparable
costs, a subsidy would be required so that the firm with the high abatement costs could remain …

… The cost of pollution abatement, however, varies across polluters, and the same … achieved
by making polluters with lower abatement cost to abate more, while others with higher costs …

… Whether it is “break-even abatement cost” or “incremental cost”, they all derive a MAC
curve by ranking individual measures from low to high. McKinsey and Company (2009) used …

… In Finland, GHG abatement costs have been calculated for many potential measures, while
cost estimates have been found to be quite context specific; therefore, uncertainty estimates …

… to note that the abatement cost definition in most cost curves lacks important cost components
and in many cases does not represent the actual real-world costs of implementation. …

… It was clear that the flexibility of a market-based instrument was needed since abatement
costs were thought to vary considerably between firms, and advantages to scale and rapid …

… We call measure-explicit MACCs the curves that represent information on abatement costs
… that abatement costs are independent of cumulative abatement and time. Abatement a i , t …

… types on marginal abatement cost curves, showing that some desirable innovations increase
marginal abatement costs. Empirically, we estimate marginal abatement costs for sulfur …

… This article presents an experiment in full cost accounting applied to the … of putting full cost
accounting into practice. Its specific … costs are also known as control, reduction, abatement or …