"This study reviews regulatory instruments designed to reduce environmental externalities from the transport sector. The study finds that the main regulatory instruments used in practice are fuel economy standards, vehicle emission standards, and fuel quality standards. Although industrialized...

The TERM 2007 report examines performance of the transport sector vis-a-vis potential future targets for greenhouse gas emission reductions and concludes that technology measures are insufficient to meet likely targets. Policy-makers have to address the growth in transport demand.--Publisher's...