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R
EVISITING
EU
 
P
OLICY
O
PTIONSFOR
T
ACKLING
C
LIMATE
C
HANGE
 
A
 
S
OCIAL
C
OST
-B
ENEFIT
A
NALYSISOF
GHG
 
E
MISSIONS
R
EDUCTION
S
TRATEGIES
 
C.
 
E
GENHOFER
 J.C.
 
 J
ANSEN
 S.J.A.
 
B
AKKER
 
AND
 
 J.
 
 J
USSILA
H
AMMES
 
 
 
The Centre for European Policy Studies (CEPS) is an independent policy re-search institute based in Brussels. Its mission is to produce sound analytical re-search leading to constructive solutions to the challenges facing Europe today.The views expressed in this report are those of the authors writing in a per-sonal capacity and do not necessarily reflect those of CEPS or any other institu-tion with which the authors are associated.
Cover photo shows a low-pressure system swirling off the southwestern coast of Icelandtaken by NASA, 4 September 2003
.
ISBN 978-92-9079-631-2© Copyright 2006, Centre for European Policy Studies.All rights reserved. No part of this publication may be reproduced, stored in aretrieval system or transmitted in any form or by any means – electronic, mechanical,photocopying, recording or otherwise – without the prior permission of the Centre forEuropean Policy Studies.
Centre for European Policy StudiesPlace du Congrès 1, B-1000 BrusselsTel: 32 (0) 2 229.39.11 Fax: 32 (0) 2 219.41.51e-mail: info@ceps.beinternet: http://www.ceps.be
 
 
 
A
CKNOWLEDGEMENTS
 
This report has been produced jointly by the Centre for European PolicyStudies (CEPS) and the Energy research Centre of the Netherlands (ECN),with support from the Federation of European Rigid Polyurethane FoamAssociations (BING), the European Manufacturers of Expanded Polysty-rene (EUMEPS), the European Insulation Manufacturers Association(EURIMA) and the European Extruded Polystyrene Insulation Board Asso-ciation (EXIBA).A draft of the study was peer-reviewed by Professor Thomas Sternerof the University of Göteborg and Dr. Felix Matthes of Öko Institute, Berlin.The draft report was also discussed during a one-day meeting with some30 stakeholders. Comments by the peer-reviewers and the stakeholdershave been gratefully incorporated.With the usual disclaimer we acknowledge insightful advice pro-vided by:
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Rick Bradley (International Energy Agency), Randall Bowie (DGTREN, European Commission), Stefan Thomas (Wuppertal Institute),Simon Schmitz (World Business Council for Sustainable Develop-ment), Anders Ulf Claussen (Rockwool International), Lena Esteves(EURIMA), Françoise Maon (EUMEPS), Helle Juhler-Kristoffersen(Dansk Industri), Bert de Wel (MiNa-Raad of Flanders) and MatthiasDuwe (Climate Action Network)
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CEPS: David Kernohan and Louise van Schaik
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ECN: Luuk Beurskens, Jos Bruggink, Bert Daniëls, Paul Lako, WietzeLise, Martin Scheepers, Ad Seebregts, Jos Sijm, Koen Smekens, BasWetzelaer and Bob van der Zwaan (co-reader).
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