Electric vehicles (EV) and other so-called low emission vehicles (LEV) are promoted as means to reduce Greenhouse Gas emissions. Economists routinely assess the corresponding saving in emissions by considering that EV emit only “in the power plant”, based on the technological features of the...

Transportation, the second largest contributor of CO2 emissions, is not part of the European Emission Trading System. Since transportation is subject to national environmental instruments, this causes differences in marginal abatement costs, and hence, results in economic inefficiencies. We...

Abatement can be performed by measures that have an impact on present emissions, but no lasting effect, and by long-lived infrastructure investments. We study the optimal combination of short and long-lived options for reducing greenhouse gas (GHG) emissions, by specifying abatement cost...

Abatement can be performed by measures that have an impact on present emissions, but no lasting effect, and by long-lived infrastructure investments. We study the optimal combination of short and long-lived options for reducing greenhouse gas (GHG) emissions, by specifying abatement cost...

Transportation is one of the main contributors to greenhouse gas emissions. Climate regulations on transportation are often a mix of sector-specific regulations and economy-wide measures (such as emission pricing). In this paper we analyse the effects on economic welfare, abatement costs and...