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Regulating CO2 emissions of transportation in Europe: A CGE-analysis using market-based instruments
- Source :
-
Transportation Research Part D: Transport & Environment . Jun2010, Vol. 15 Issue 4, p235-239. 5p. - Publication Year :
- 2010
-
Abstract
- Abstract: This paper analyzes the use of market-based emission regulation instruments to address the carbon dioxide emissions of transportation. Simulations with a static multi-region computable general equilibrium model show that including transportation into the European emission trading system is superior to a closed emission trading system for transportation or a tax-based approach. Furthermore, we show that exempting transportation from emission regulation is the most favorable approach in terms of welfare. This counterintuitive result is due to a large tax-interaction effect caused by high pre-existing fuel taxes in the transport sector. [Copyright &y& Elsevier]
Details
- Language :
- English
- ISSN :
- 13619209
- Volume :
- 15
- Issue :
- 4
- Database :
- Academic Search Index
- Journal :
- Transportation Research Part D: Transport & Environment
- Publication Type :
- Academic Journal
- Accession number :
- 50261793
- Full Text :
- https://doi.org/10.1016/j.trd.2010.02.002