Greenhouse gas inventory and emissions prognoses with general equilibrium modelling in HungaryUploaded: 1 of January, 2004

In 2004 the Ministry of Environment and Waters had determine the total quantity of CO2 allowances to be allocated among economic agents falling under the scope of Directive 2003/87/EC (ETS). This required information about the development of national greenhouse gas (GHG) emissions and the CO2 emissions of each sector included in Annex I of the Directive. REKK prepared a national greenhouse gas prognosis to 2012, including the forecast of CO2 emissions under Annex I. The prognosis is based on an economic analysis of the 16 greatest emitting sectors. The prognosis is prepared with the use of the GHG emission calculation method (IPCC) given by the Ministry.