FINAL TECHNICAL REPORT
CONTRACT N° : ENG1-CT2002-00609 PROJECT N° : ACRONYM : ExternE-Pol TITLE : Externalities of Energy:

Extension of accounting framework and Policy Applications
PROJECT CO-ORDINATOR : Ari Rabl & Joe Spadaro, ARMINES/Ecole des Mines de Paris PARTNERS : Peter Bickel, Rainer Friedrich, Bert Droste-Franke & Philipp Preiss, IER, Universität Stuttgart, Luc Int Panis, VITO, Belgium, Danae Diakoulaki, National Technical University Athens, Anil Markandya & Alistair Hunt, University of Bath, UK, Milan Scasny, Jan Melichar, Miroslav Havranek, Vojtech Maca & Hana Foltynova, Environmental Center, Charles University, Prague Roberto Dones, Thomas Heck, C. Bauer & Stefan Hirschberg, Paul Scherrer Institute, Switzerland, Mariusz Kudelko, Mineral and Energy Economy Research Institute of Polish Academy of Sciences, Krakow. REPORTING PERIOD : FROM 1 October 2002 TO 30 September 2004 PROJECT START DATE : 1 October 2002 Date of issue of this report : Version 2, August 2005 Project funded by the European Community under the ‘EESD’ Programme (1998-2002) DURATION : 24 months

Final report ExternE-Pol

1

Version 2, August 2005

Table of Contents 1.1. Executive publishable summary ...................................................................................................3 1.2. Publishable synthesis report..........................................................................................................3 2.1. Objectives and strategic aspects....................................................................................................5 2.2. Scientific and technical description of the results.........................................................................5 2.2.1. Improving the Methodology ..................................................................................................5 2.2.1.1.