* parameter estimates

  aa1 = 0;
  aa2 = 0;
solve CO2 maximizing UTILITY using nlp ;
solve CO2 maximizing UTILITY using nlp ;
solve CO2 maximizing UTILITY using nlp ;

parameters
miuhotel(t)    estimate of Hoteling rents;
miuhotel(t)=miu.l(t);

* Definition of hotelling results

Parameters
Year(t)         Date
hotel_y(t)
hotel_cpc(t)
hotel_s(t)
hotel_indem(t)
hotel_sigma(t)
hotel_tatm(t)
hotel_mat(t)
hotel_tax(t)
hotel_ri(t)
hotel_rr(t)
hotel_al(t)
hotel_forcoth(t)
hotel_l(t)
hotel_etree(t)
hotel_yy(t)
hotel_cc(t)
hotel_miu(t)
hotel_wem(t)
hotel_ri(t)
hotel_dam(t)
hotel_abate(t)
hotel_mcemis(t)
hotel_utility   ;

Year(t)         = 2005 +10*(ord(t)-1);
hotel_y(t)=y.l(t);
hotel_cpc(t)=cpc.l(t);
hotel_s(t)=s.l(t)     ;
hotel_indem(t)= e.l(t)-etree(t);;
hotel_sigma(t)=sigma(t) ;
hotel_tatm(t)=tatm.l(t)  ;
hotel_mat(t)=mat.l(t)     ;
hotel_tax(t)=-1*ee.m(t)*1000/(kk.m(t)+.0000001)       ;
hotel_ri(t)=ri.l(t);
hotel_rr(t)=rr(t)   ;
hotel_al(t)=al(t)    ;
hotel_forcoth(t)=forcoth(t);
hotel_l(t)=l(t);
hotel_etree(t)=etree(t);
hotel_yy(t)=yy.m(t)     ;
hotel_cc(t)=cc.m(t)      ;
hotel_miu(t)=miu.l(t)     ;
hotel_wem(t)= e.l(t);
hotel_ri(t)=ri.l(t)         ;
hotel_dam(t)= damages.l(t);
hotel_abate(t) = abatecost.l(t);
hotel_mcemis(t)= expcost2*cost1(t)*miu.l(t)**(expcost2-1)/sigma(t)*1000;
hotel_utility=utility.l        ;