Marginal abatement costs of greenhouse gas emissions from European agriculture, cost effectiveness, and the EU non-ETS burden sharing agreement

► Marginal abatement costs of GHG emissions from European agriculture are assessed. ► Non-linear MAC reduced forms are parameterized for each Member State. ► A cap-and-trade system could more than half the costs of the 10% target compared to the BSA. ► The equilibrium emission price is found to be 32-42 €/tCO2eq. ► Hot air and transfers from EU-15 countries to New Member States are substantial.