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car choices. The option with the lowest cost is to tax each car at a rate proportional to its emission rate. …
Persistent link: https://www.econbiz.de/10010371906
EU countries want to decarbonize their road freight transport quickly. Long-haul electric trucks are a promising technology. There are several competing designs but at present the trade-off is between e-trucks with very large batteries and e-trucks with a smaller battery but combined with...
Persistent link: https://www.econbiz.de/10012428966
This study calculates efficient taxes on gasoline and road use designed to combat driving related externalities when motorists avoid taxes due to an excessive economic driving-style. The efficient tax on gasoline is reduced below the Pigouvian rate due to such avoidance. The current US tax rate...
Persistent link: https://www.econbiz.de/10012156698
What factors determine whether it is optimal with one or more technologies in a decarbonized road transport sector, and what policies should governments choose? We investigate these questions theoretically and numerically through a static, partial equilibrium model for the road transport market....
Persistent link: https://www.econbiz.de/10012219356
, fuel costs, and externalities. We find that a fuel efficiency standard targeting gasoline cars achieves emission reductions …
Persistent link: https://www.econbiz.de/10012057257
and households’ location choices. A stricter emission standard for cars decreases the marginal cost of driving and … congestion. The annual welfare cost for a 50 percent emission reduction goal in a setting calibrated with U.S. data turns out 8 … shift towards public transport and reduces the average commute, urban congestion and the welfare cost of emission reductions. …
Persistent link: https://www.econbiz.de/10014516218
This paper describes a model, implemented in an Excel spreadsheet, for evaluating a wide range of fiscal and regulatory instruments policymakers might consider for implementing their Paris mitigation pledges. Policies are evaluated against a range of metrics, including impacts on carbon dioxide...
Persistent link: https://www.econbiz.de/10011547913
The efficiency effects of carbon pricing depend on how it impacts distortions in fossil fuel markets, most notably from local air pollution externalities. By offsetting these distortions, carbon pricing may generate significant net economic benefits, so it is in countries own interests to...
Persistent link: https://www.econbiz.de/10011497937
This paper calculates, for the top twenty emitting countries, how much pricing of carbon dioxide (CO2) emissions is in their own national interests due to domestic co-benefits. On average, nationally efficient prices are substantial, $ 57.5 per ton of CO2 (for year 2010), reflecting primarily...
Persistent link: https://www.econbiz.de/10010418260
I estimate the level of emissions cost pass-through to hourly wholesale electricity prices in Germany, based on spot market data. I control for contemporaneous shocks to demand and supply by constructing a detailed supply curve for fossil generation, and intersecting it with residual demand for...
Persistent link: https://www.econbiz.de/10010412091