Interaction between local air pollution and global warming and its policy implications for Belgium

摘要

In this paper we study the policy interactions between meeting a greenhouse gas emission constraint and local air pollution policies.We use a partial equilibrium model of a national energy market to address three questions.Firstly what is the greenhouse gas emission reduction one can expect if one pursues local air pollution objectives only? Secondly what ancillary air pollution benefits can be expected if the only policy goal is to reduce the emission of greenhouse gases? Thirdly,what are the efficiency gains if both policy goals are pursued jointly?