Closing the emission price gap

Anuncio
!"#$%&'()*+(+,%$$%#&(-.%/+('0-(
(
1(,2"3-"+(4%5%4+&4(0--.#0/*()#(/0.6#&(-.%/%&'(
7.#89(:.9(;<,0.(=4+&*#8+.>(:.9(!*.%$30&(?"0/*$"0&4>(:.9(@%/*0+"(A0B#6(
!
"#$%&$'!()!*#+,#%-!(./0!
!
C#.B$*#-(=/#&#,%/(!*0""+&'+$(8#.(=&+.'D(
!
(
(
(
(
"1%2#34%!5161#%27!8+693,31!4+!:;4<#;!=4>>4+6!#+$!=;&>#31!=7#+?1!@"==A!
B436$#>!8+693,31!C4%!=;&>#31!8>D#23!5161#%27!@B8EA!
E*+(+,+.'%&'("0&4$/0-+(#8(/0.6#&(-.%/%&'(
F4,%21G!H4%;$!I#+J!@(./)A'!"#DD&+?!=#%<4+!B%&2&+?!8+&9#9K16'!=#%<4+!L&+#+21!#3!371!H4%;$!I#+J'!M24C-6!
(!
!"#$%&'()*+(+,%$$%#&(-.%/+('0-(
GH)!;I!
F"#60"(#-3,0"((
/0.6#&(-.%/+!
51>#&+&+?!?#D!W!&+3;U!+1?49#94+6(
=4R<1+1S36!@#&%!T,#;&3-'!1+1%?-!#22166'!132UA(
B&?4,K&#+!3#P!&+31%+#;&Q&+?!!"#$%&'(')*#+,$(*#-+',%(
"#2%4R124+4>&2!1V2&1+2-(
O#P!>#+$#31$!<-!3714%-!4C!4D9>#;!3#P#94+!
N$$%1661$!<-G!
X4>1692!>&+&63%&16!4C!S+#+21!Y!124+4>-!Y!$1K1;4D>1+3!
X4>1692!>&+&63%&16!4C!371!1+K&%4+>1+3!
)!
8+31%+#94+#;!=;&>#31!Z1?49#94+6!
J0,$+D(J2"+((
•  8+!4%$1%!34!%#&61!#!?&K1+!#>4,+3!4C!D,<;&2!&+24>1'!#;;!124+4>&2!C#234%6!674,;$!
<1!3#P1$!&+K1%61;-!34!371&%!1;#692&3-!4C!6,DD;-!@5#>61-!5,;1A!
•  =#%<4+!3#P![4,;$!<1!>#+$#31$!1K1+!&C!2;&>#31!27#+?1![1%1!+43!#+!&66,1!
=K(/#.-#.0)+()0T(.0)+(MNOORQIRRUS(
=K($)0&40.4(L1E(.0)+(MNOPIQIRNRS(
(
0!
E.04%3#&0"(V:#26"+(:%5%4+&4W((
•  8>D461!=\(!3#P!#+$!%1$,21!;#<4%!#+$!2#D&3#;!3#P16!
•  F4>1!&+$&2#31!+13!<1+1S3!4C!37&6!D4;&2-!@1U?U!:4,;$1%!/]]^'!B#%%-!/]]^A!!
•  =4,;$!#;64!<1!,61$!34!D#-!<#2J!D,<;&2!$1<3!@5#,6271%!(./)A!#+$!<%4#$1+!371!
3#P!<#61!&+!24,+3%&16![&37!;#%?1!&+C4%>#;!61234%!@"#%J#+$-#!(./)A!!!
•  B%4<;1>6G!
/A  _D6743!4C!62&1+9S2!$1<#31!&+24+2;,6&K1!
(A  \>&36!27#;;1+?1!C4%!?4K1%+>1+36!34!$1#;![&37!3#P!24>D1994+!#+$!>#&+3#&+!
&+31%+#94+#;!24>D199K1+166!
)A  B%4$,29K&3-R1+7#+2&+?!&+C%#63%,23,%1!&+K163>1+36!4,3!4C!624D1!
•  :&K1+!+11$6!C4%!&+C%#63%,23,%1!&+K163>1+36'!D%4<#<;-!+43!4D9>#;!34!C,;;-!
%12-2;1!2#%<4+!%1K1+,16!<-!;4[1%&+?!4371%!3#P16!
^!
X&8.0$).2/)2.+(%&5+$),+&)(
A0B#6(0&4(=4+&*#8+.>($26,%<+4(
•  N27&1K1!,+&K1%6#;!1+1%?-!#22166!<-!(.).G!_F`!)aR0/!<;+!D1%!-1#%!@5&#7&!13!#;U!(./(A!
•  b:%1#3!24+K1%?1+21c!4C!?;4<#;!71#;37!63#+$#%$6!<-!(.)^G!#<4,3!_F`!0.!<;+!D1%!-1#%!
@*#>164+!13!#;U!(./)A!
a!
E0,%&'()0T(/#,-+33#&(
•  F,<693,94+!1;#692&3-!$131%>&+16!d%1;#9K1!
SP1$+166b!4C!C466&;!%164,%216!
•  L#234%!3#P16!$&634%3!371!*.,$/,$#-"/+)!
#;;42#94+!
•  =#D&3#;!>4<&;&3-!$&634%36!371!*.,$//$0*".+)!
#;;42#94+!!37%4,?7!3#P!24>D1994+!
•  =#D&3#;!3#P!>4%1!D%4+1!34!3#P!24>D1994+!
37#+!2#%<4+!3#P!,+$1%!D;#,6&<;1!D#%#>131%6!
•  8+C%#63%,23,%1!S+#+21$!<-!2#%<4+!3#P16!
#e%#236!&+f4[!4C!D%&K#31!2#D&3#;!#+$!3#>16!
&+31%31>D4%#;!#+$!&+31%%1?&4+#;!$&634%94+6!!!!
?.0&B$>(=4+&*#8+.(0&4(Y+$$,0&&(M%&(-.+-0.03#&S(
g!
@0'&%)24+(#8(/0.6#&(.+&)(
•  L466&;!%164,%21!%1+36!$12%1#61![&37!
2;&>#31!D4;&2-!#><&94+!
•  L4%!#!?;4<#;;-!4D9>#;!2#%<4+!D%&21'!
4K1%R24>D1+6#94+!<-!2#%<4+!%1+3!
@hD1%>&3!D%&21!4%!3#P!i!1>&66&4+6A!
•  =#%<4+!%1+3!#DD%4D%&#31$!$4>1692#;;-!
K&#!#,294+1$!D1%>&36!4%!3#P!
I#,1%!13!#;U!@(./)A!
•  H4,;$!#;64!D%4K&$1!%164,%216!34!#$$%166!
2;&>#31!&66,16!+43!3#2J;1$!<-!#!2#%<4+!
D%&21'!1U?U!3127+4;4?-!D4;&2-!#+$!
#$#D3#94+!
j!
!"#$%&'()*+(+,%$$%#&(-.%/+('0-(
GH)!;I!
F"#60"(#-3,0"((
/0.6#&(-.%/+!
51>#&+&+?!?#D!W!&+3;U!+1?49#94+6(
=4R<1+1S36!@#&%!T,#;&3-'!1+1%?-!#22166'!132UA(
B&?4,K&#+!3#P!&+31%+#;&Q&+?!!"#$%&'(')*#+,$(*#-+',%(
"#2%4R124+4>&2!1V2&1+2-(
O#P!>#+$#31$!<-!3714%-!4C!4D9>#;!3#P#94+!
N$$%1661$!<-G!
X4>1692!>&+&63%&16!4C!S+#+21!Y!124+4>-!Y!$1K1;4D>1+3!
X4>1692!>&+&63%&16!4C!371!1+K&%4+>1+3!
]!
8+31%+#94+#;!=;&>#31!Z1?49#94+6!
=&*0&/%&'(,0/.#Q+/#&#,%/(+_/%+&/D(`()*+(-#.a#"%#(+b+/)(
•  N?1+36!4K1%R&+K163!&+!SP1$!@%1+3R<1#%&+?A!C#234%6!@6,27!#6!C466&;!C,1;6'!;#+$!A!
#+$!,+$1%&+K163!&+!D%4$,29K1!2#D&3#;!C4%>#94+!@M$1+74C1%!13!#;U!(./)A!
•  O7&6!$&634%94+!2%1#316!124+4>&2!&+1V2&1+2&16!#+$!6;4[6!$4[+!124+4>&2!
?%4[37!@"#e#,27!13!#;U!(./)A!
•  k1+21'!3#P#94+!4C!2#%<4+!1>&66&4+!#+$Y4%!;#+$!2#+!%1$,21!37&6!&+1V2&1+2-!
@F&1?>1&1%!13!#;U!&+!D%1D#%#94+A!34!#27&1K1!4D9>#;!<#;#+21!4C!D4%l4;&4!
•  ;-3,0"%)DZ(72.+(.0)+(#8(3,+(-.+8+.+&/+(+[20"()#(.+)2.&$(#8((
.%$BQ8.++(0$$+)>($#/%0">(-.%50)+>(&0)2.0">(0&4(*2,0&(/0-%)0"(
•
# = r = FK ( KS , KP, KH , KN ) ! "KS = FK ( KS , KP, KH , KN ) ! "KP =
S
P
\#/%0"(.0)+(#8(.+)2.&(+[20"(8#.(0""(8#.,$(#8(/0-%)0"(M%9+9(W&#(0.6%).0'+(
/#&4%3#&]S>(#)*+.^%$+()*+.+(%$(#5+.Q(#.(2&4+.Q%&5+$),+&)9(
l
p
+ =h
p p
/.!
=&*0&/%&'(,0/.#Q+/#&#,%/(+_/%+&/D(`()*+($-%""#5+.(0.'2,+&)(
•  !N+!4D9>&692!D1%6D129K1!%1?#%$6!?%11+!3127+4;4?&16!#6!#!D431+9#;!<#6&6!C4%!#!
m:%11+!8+$,63%&#;!51K4;,94+n!@F31%+!(..]A!
•  !5121+3!1K&$1+21!6,??163!7&?71%!3127+4;4?-!6D&;;R4K1%6!4C!?%11+!3127+4;4?&16!
@X1271Q;1D%o3%1!13!#;U!(./)A!
@X1271Q;1D%o3%1!13!#;U!(./)A
:#D!<13[11+!2;1#+!#+$!$&%3-!6D&;;R4K1%6!4K1%!9>1!
//!
\#/%0"(.+)2.&$(#8(%&8.0$).2/)2.+(%&5+$),+&)$(
X&8.0$).2/)2.+(\)#/B$(5+.$2$(=/#&#,%/(F.#^)*(
X&8.0$).2/)2.+(\)#/B$(5+.$2$(X&/#,+(X&+[20"%)D(
!0"4+.c&(d(\+.5e&(IRRf(
•  MK1+!374,?7!&+C%#63%,23,%1!&6!,+$1%D%4K&$1$!<-!371!>#%J13'!37&6!,+$1%R
D%4K&6&4+!$416!+43!+12166#%&;-!+11$!34!<1!#$$%1661$!<-!D,<;&2!4[+1%67&D!
•  N;31%+#9K1!#%%#+?1>1+36!&+2;,$1!1U?U!6,<6&$&16'!K4,271%6'!#,294+&+?!4C!
24+3%#236p!
•  M>D&%&2#;!1K&$1+21!4C!1V2&1+2-!4C!D,<;&2!K6U!D%&K#31!&+C%#63%,23,%1!>&P1$!
/(!
!"#$%&'()*+(+,%$$%#&(-.%/+('0-(
GH)!;I!
F"#60"(#-3,0"((
/0.6#&(-.%/+!
51>#&+&+?!?#D!W!&+3;U!+1?49#94+6(
=4R<1+1S36!@#&%!T,#;&3-'!1+1%?-!#22166'!132UA(
B&?4,K&#+!3#P!&+31%+#;&Q&+?!!"#$%&'(')*#+,$(*#-+',%(
"#2%4R124+4>&2!1V2&1+2-(
O#P!>#+$#31$!<-!3714%-!4C!4D9>#;!3#P#94+!
N$$%1661$!<-G!
X4>1692!>&+&63%&16!4C!S+#+21!Y!124+4>-!Y!$1K1;4D>1+3!
X4>1692!>&+&63%&16!4C!371!1+K&%4+>1+3!
/)!
8+31%+#94+#;!=;&>#31!Z1?49#94+6!
•  MK1+!&C!24,+3%&16!<17#K1!&+!#!
D,%1;-!61;S67!>#++1%'!371-!
[4,;$!4D9>#;;-!&>D461!#!D%&21!
4+!2#%<4+!34!&+31%+#;&Q1!371!
$#>#?1!371&%!1>&66&4+6!&+f&23!
4+!371>61;K16!
•  O71!7&?71%!371!$#>#?16'!&U!1U!
371!%&271%!4%!371!>4%1!D4D,;4,6!
#!24,+3%-'!371!7&?71%!371!
%16,;9+?!2#%<4+!D%&21!
Prof. Ottmar Edenhofer, PIK, MCC, TU Berlin, and IPCC
q!4C!?;4<#;;-!4D9>#;!2#%<4+!D%&21!
X&)+.&0"%g%&'(4#,+$3/(%,-0/)$(
@r166>#++'!,+D,<;&671$A!
/0!
!"#$%&'()*+(+,%$$%#&(-.%/+('0-(
GH)!;I!
F"#60"(#-3,0"((
/0.6#&(-.%/+!
51>#&+&+?!?#D!W!&+3;U!+1?49#94+6(
=4R<1+1S36!@#&%!T,#;&3-'!1+1%?-!#22166'!132UA(
B&?4,K&#+!3#P!&+31%+#;&Q&+?!!"#$%&'(')*#+,$(*#-+',%(
"#2%4R124+4>&2!1V2&1+2-(
O#P!>#+$#31$!<-!3714%-!4C!4D9>#;!3#P#94+!
N$$%1661$!<-G!
X4>1692!>&+&63%&16!4C!S+#+21!Y!124+4>-!Y!$1K1;4D>1+3!
X4>1692!>&+&63%&16!4C!371!1+K&%4+>1+3!
/^!
8+31%+#94+#;!=;&>#31!Z1?49#94+6!
!#Q6+&+h)$(
• !!I16&$16!%1$,2&+?!:k:!1>&66&4+6'!61K1%#;!#$$&94+#;!<1+1S36G!
• 
N><&1+3!#&%!T,#;&3-!@Z1>13!(./.A!
• 
B,<;&2!3%#+6D4%3'!%1$,21!24+?1694+!#+$!,%<#+!6D%#[;!@=%1,3Q&?!#+$!k1!
(..jA!
• 
O127+4;4?-!6D&;;R4K1%6!@*#s1!#+$!F3#K&+6!(..^A!!
!
•  =#61!63,$-!1K&$1+21!6,??1636!37#3!C4%!>#+-!24,+3%&16!37161!>49K#94+6![1%1!
>4%1!&>D4%3#+3!37#+!1+K&%4+>1+3#;!24+21%+6!C4%!371!#$4D94+!4C!2;&>#31!
D4;&2-'!1U?U!
• 
8+$&#G!M+1%?-!612,%&3-!@X,<#67!(./)A!
• 
t&13+#>G!M+1%?-!1V2&1+2-'!124+4>&2!%163%,23,%&+?!@u&>>1%'!*#J4<'!
F312J1;'!6,<>&e1$A!
/a!
@2"3Q4%5%4+&4(-+.$-+/35+(`(\D&+.'%$3/(-#"%/%+$(
McCollum, et al. (2013)
•  ",;9D;1!4<v129K16'!1U?U!2;&>#31!27#+?1!@==A'!S62#;!<1+1S36'!1+1%?-!612,%&3-!@MFA'!
D4;;,94+Y71#;37!@BkA!
•  F-+1%?&692!%1;#94+67&D6!
•  51$,21$!#$$1$!24636!4C!6,DD;1>1+3#%-!D4;&2&16!C4%!4371%!4<v129K16!
•  =;&>#31!>&9?#94+!&6!63%#31?&2!1+3%-!D4&+3!34!#27&1K1!#+!#%%#-!4C!?4#;6!
/g!
!"#$%&'()*+(+,%$$%#&(-.%/+('0-(
GH)!;I!
F"#60"(#-3,0"((
/0.6#&(-.%/+!
51>#&+&+?!?#D!W!&+3;U!+1?49#94+6(
=4R<1+1S36!@#&%!T,#;&3-'!1+1%?-!#22166'!132UA(
B&?4,K&#+!3#P!&+31%+#;&Q&+?!!"#$%&'(')*#+,$(*#-+',%(
"#2%4R124+4>&2!1V2&1+2-(
O#P!>#+$#31$!<-!3714%-!4C!4D9>#;!3#P#94+!
N$$%1661$!<-G!
X4>1692!>&+&63%&16!4C!S+#+21!Y!124+4>-!Y!$1K1;4D>1+3!
X4>1692!>&+&63%&16!4C!371!1+K&%4+>1+3!
/j!
8+31%+#94+#;!=;&>#31!Z1?49#94+6!
X&)+.&03#&0"(&+'#303#&$(
w  \x1+!#%?,1$!37#3!,+&;#31%#;!#294+!&6!24,+31%1$!<-!C%11R%&$&+?!@I#%%1e!/]]0'!
=#%%#%4!#+$!F&+&62#;24!/]])A!
w  5121+3!%161#%27!7#6!674[+!37#3!S%63!>4K1%!1>&66&4+!%1$,294+6!2#+!<1!
63%#31?&2!24>D;1>1+36!&+631#$!4C!6,<693,316!@M$1+74C1%!13!#;U!(./)A!
!
•  O127+4;4?-!6D&;;R4K1%6!#+$!;1#%+&+?!<-!$4&+?!@k1#;!#+$!O#%,&!(..jA!
!
•  @8>D1%C123A!#;3%,&6>!#+$!%12&D%42&3-!@r#+?1!#+$!t4?3!(..)A!
!
•  F&?+#;&+?!4C![&;;&+?+166!34!D#-!@*#J4<!#+$!r166>#+!(./(A!
w  =4+$&94+#;&3-!%,;16!24,;$!#23!#6!#+!&+21+9K1!34!&+2%1#61!#><&94+!
/]!
X&)+.&03#&0"(&+'#303#&(
w  I-!&31%#9K1!D%4216616'!,+&;#31%#;!#294+6!
>&?73!%16,;3!&+!>4%1!?;4<#;!244D1%#94+!
@M$1+74C1%'!L;#276;#+$'!F3#K&+6'!F34[1!
(./)A!
w  _+&;#31%#;!#294+6!24,;$!C4%>!371!<#6&6!
4C!#!7-<%&$!#?%11>1+3!@M$1+74C1%!13!#;U!
(./)A!
w  8+31%+#94+#;!#?%11>1+3!#6!&+693,94+!34!
244%$&+#31!+#94+#;!D4;&2&16'!67#%1!
&+C4%>#94+'!#+$!#23!#6!#!C42#;!D4&+3!C4%!
1PD123#94+6!
w  =4+$&94+#;&3-!24,;$!#23!#6!#+!&+21+9K1!
34!&+2%1#61!#><&94+!
M$1+74C1%'!L;#276;#+$'!
F3#K&+6'!F34[1!(./)!
(.!
iQ!2)(XZ(?%.$)(,#5+.(/*0""+&'+$(
•  !0.6#&(Y+0B0'+G!5121+3!%161#%27!S+$6!
•  Iy7%&+?1%!13!#;U!@(./(AG!^R/]q!@>1$&#+!/(qA!
•  N;64!+1?#9K1!;1#J#?1!D466&<;1!
•  B46&9K1!3127+4;4?-!6D&;;R4K1%6!@I4661z!13!#;U!(..]A!
•  =%4[$&+?!4,3!4C!$&%3-!2#D&3#;!@=#%<4+1!13!#;U!(./)A!
•  8+31%RC,1;!6,<693,94+!&+!37&%$!24,+3%&16!@I#,1%!13!#;U!(./)A!
•  O#&;4%1$!D4;&2&16!2#+!%1$,21!;1#J#?1!
•  O%#$1!>1#6,%16!@*#J4<'!F312J1;'!M$1+74C1%'!C4%3724>&+?A!
•  L%11!#;;42#94+!4C!64>1!1>&66&4+!D1%>&36!@k1D<,%+!(./)A!
•  !#$)$Z!!
•  "4$1;&+?!&+$&2#316!>4$1%#31!24636!C%4>!#!D1%&4$!4C!>4$1%#31!
,+&;#31%#;!2#%<4+!D%&2&+?!
•  X1;#-&+?!?;4<#;!#?%11>1+3!<-!/^!-1#%6![4,;$!%#&61!24636!4C!#27&1K&+?!
(/!
0^.DD>!=\(R4+;-!<-!#3!;1#63!7#;C!@*#J4<!13!#;U!(./(A!
iQ!2)(XXZ(E*+(.#"+(#8()+/*&#"#'D(
Kriegler et al. (2013)
RoSE project
•  X1K1;4D>1+3!4C!+1[!3127+4;4?&16!#+$!;1#%+&+?!1s1236!2%,2&#;!C4%!3127+4;4?-!
D4%l4;&4!#+$!>&9?#94+!24636!
•  N!D%&21!4+!2#%<4+!&6!+12166#%-'!<,3!+43!6,V2&1+3!W!4D9>#;;-!24>D;1>1+31$!<-!
3127+4;4?-!D4;&2&16!
((!
iQ!2)(XXXZ(\#,+(-#"%3/0"(+/#&#,D(/#&$%4+.03#&$(
•  =&+.'DQ%&)+&$%5+(%&42$).%+$(R!64>1!24>D1+6#94+!C4%!;461%6{!
•  !0.6#&(-.%/+(%,-0/)$(#&(+[2%)DG!
•  =#%<4+!D%&21!+43!+12166#%&;-!%1?%166&K1!@5#,627!(.//A!
•  =#+!<1!>#$1!D%4?%166&K1!<-!;4[1%&+?!3#P16!&+!#![#-!37#3!<1+1S36!;4[!
1#%+1%6!@"132#;C!13!#;U!(./.A!4%!D%4K&$1!&+C%#63%,23,%1!37#3!<1+1S36!371>!
>4%1!37#+!4371%6!
•  M+6,%1!<,-R&+!4C!J1-!63#J174;$1%6!<-!4[+1%67&D'!1U?U!&+6D&%1$!<-!D%4D1%3-!
4[+&+?!$1>42%#2-!@"1#$1!/]0aA!!
•  I1+1S36!4C!2#%<4+!D%&2&+?!674,;$!<1!1P#>&+1$!&+!#!,2"3Q#6j+/35+(8.0,+^#.B(
%4431$!&+![1;C#%1!3714%-!@*#J4<!#+$!M$1+74C1%'!6,<>&e1$A!
()!
\).+&')*(#8()*+(&0..035+(
Co-benefits
Pigouvian tax
Macro-economic efficiency
Optimal taxation
b|O}71!2#%<4+!3#P!&6!+43!#!C%11!;,+27U!
k4[1K1%'!p'!&3!69;;!>&?73!<1!#!>1#;![4%37!
D#-&+?!C4%~c!@:4,;$1%!(./)A!
Co-benefits
Pigouvian tax
Macro-economic efficiency
Optimal taxation
b`/..Wa..!<&;;&4+!#++,#;;-!<-!(.).!&+!
%1$,21$!D4;;,94+!24+3%4;!#+$!1+1%?-!612,%&3-!
1PD1+$&3,%16Uc!@"2=4;;,>!13U!#;!(./(A!
w  X&s1%1+3!D14D;1!>#-!7#K1!K1%-!$&s1%1+3!#66,>D94+6!4C!D7-6&2#;!#+$!124+4>&2!
>127#+&6>6!#6![1;;!#6!$&s1%1+3!D%1C1%1+216!
w  13'!371-!69;;!>#-!#?%11!4+!#!>4%1!4%!;166!6&>&;#%!2#%<4+!D%&21!
w  M;#<4%#94+!4C!<1+1S36!&+!>,;9D;1!$&>1+6&4+6!#;;4[!&$1+9C-&+?!%#+?1!4C!
#221D3#<;1!D%&216!#+$!$416!+43!+11$!34!%1;-!4+!#!6&+?;1!mJ&;;1%!#%?,>1+3n! (0!
E*+(%,-#.)0&/+(#8(.#62$)($/%+&3h/(-#"%/D(045%/+(
Scientists as
“cartographers”
of viable policy
alternatives
En d A
End B
End C
Start
Adaptiert von http://www.trail.ch/gallery/albums/trail/graubunden/fuorcla-surlej/corvatsch-fuorcla-surlej-val-roseg-09_09_2006-img_2598.jpg
(^!
!#&/"2$%#&$(
•  1,6%3#&(#8(%&)+.&03#&0"(/"%,0)+(-#"%/D(.##)+4(%&(4#,+$3/(0,6%3#&$(
•  :#,+$3/(/"%,0)+(-#"%/D(+,6+44+4(%&(6.#04+.(-26"%/(-#"%/D(/#&/+.&$(
•  :#,+$3/(,2"3Q4%5%4+&4(-+.$-+/35+Z(
•  \D9>#;!3#P#94+'!$4,<;1!$&K&$1+$'!3#>&+?!2#D&3#;!3#P!24>D1994+!
•  8>D%4K&+?!>#2%4R124+4>&2!1V2&1+2-'!&+K163>1+3!4C!%1K1+,1!&+!#%1#6![&37!7&?7163!
642&#;!%13,%+!!
•  51$,294+!4C!=\(!1>&66&4+6!>&9?#316!2;&>#31!27#+?1!
•  B46&9K1!6-+1%?&16![&37!4371%!&66,16!6,27!#6!#&%!D4;;,94+!#+$!3127+4;4?-!6D&;;R4K1%6!
•  E*+$+(/#&$%4+.03#&$(,%'*)(&#)(0/*%+5+('"#60""D(#-3,0"(/0.6#&(-.%/+>(
62)(*+"-()#(/"#$+()*+('0-(0&4(0450&/+(%&)+.&03#&0"(&+'#303#&$(
•  J#62$)($/%+&3h/(-#"%/D(045%/+()*0)(#2)"%&+$()*+(#-3#&($-0/+(0&4(
%4+&3h+$(^%&&+.$(0&4("#$+.$(%$(/.2/%0"(
(a!
Descargar