Abating CO2 emissions in the Greek energy and industry sectors

The purpose of this paper is to construct the abatement cost curve for the Greek Energy and Industry sectors. To achieve our goal we present and analyze the abatement options available in the sector of energy and in the industrial subsectors of petroleum and gas refinery, cement and iron and steel. Next, we estimate and present the costs and abatement potentials for each abatement option in each sector. We also present the cost-effective options for individual energy and industrial sources. Finally, the marginal abatement cost curve is constructed and the policy implications are discussed. Our analysis reveals a promising potential for pollution reduction and a wide range of cost-effective abatement options