Transport accounts for 23% of global carbon dioxide emissions and is one of the few industrial sectors where emissions are still growing. There is a pressing need for transport to begin reducing emissions to mitigate the impacts of climate change. The world is already committed to some degree of...

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...