Surplus in percentage of Household consumption

Description: Surplus is defined here as the Compensative Variation of Income (CVI ), when comparing the current scenario with the baseline scenario. It is then expressed in percentage of the household's consumption in the baseline scenario.

Failure of negotiations

Comments: The welfare losses incurred by the different countries are very dispersed. One distinguishes three groups of regions: 1) the European countries, which face significant costs arising from their commitments well above other industrialized countries; 2) The energy exporting countries, which face significant costs (one finds in this group Russia and Rest of World). This welfare loss is obviously due to loss of income due to falling energy exports; 3) Finally, the other countries are little affected in this scenario.