Paltsev, Sergey V.; Chen, Y.-H. Henry; Karplus, Valerie J. - 2015
impact of the mandates on oil demand, CO2 emissions, and economic welfare, and compare the results to an emission trading … scenario that achieves identical emissions reductions. We find that vehicle emission standards reduce CO2 emissions from … emission trading system achieving the same economy-wide CO2 reduction. We offer a discussion of the design features for …