Rubin, Jonathan; Leiby, Paul N. - In: Energy Policy 56 (2013) C, pp. 16-28
implications of a NLCFS, we created the Transportation Regulation and Credit Trading (TRACT) Model. With TRACT, we model a NLCFS … credit trading system among profit maximizing fuel suppliers for light- and heavy-duty vehicle fuel use for the United States … from 2012 to 2030. We find that credit trading across gasoline and diesel fuel markets can lower the average costs of …