Brexit and Costs of EU Climate Policy
In this note we analyze the possible impact of Brexit on the relative costs for UK and rest of EU in achieving the EU climate objectives. Our simulations show that Brexit has a significant negative impact on UK cost and a relative positive effect on the EU27 MSs. The UK discounted loss on the period 2016-2050 is estimated to US$ 156 billion.
Record created on 2016-07-06, modified on 2016-08-09