This paper provides evidence on and discussion of recent developments in global transport markets and analyzes what policies look most promising for stabilizing CO2- emissions from light-duty vehicles. In the aftermath of the economic crisis, recovery is uncertain and unevenly spread across the...

If the transport sector is to make deep cuts to its carbon emissions, it is necessary to reduce the carbon-intensity of travel. Reducing travel itself, at some times and places, is sometimes justified but it is extremely unlikely that under expected global economic development patterns overall...

It is widely held that large institutional investors such as pension funds and sovereign wealth funds with long term liabilities and a low risk appetite are ideally suited to invest in transportation infrastructure assets. Despite the theoretical ideal match between a large source of capital and...

This paper is intended to serve three purposes. First, it presents a slightly abbreviated version of the summary of the book published by Regional Plan Association (RPA) in January 2011 about the serious capacity and delay problems at the three major airports in New York and what might be done...

We propose a series of kick-off points related to the economic appraisal of large urban infrastructure projects, taking some account of the specifics raised by the Grand Paris Express (GPE) regional automatic metro. The points, in the form of Maintained Hypotheses or Questions in Need of...

The concept of integrated and seamless transport has wide political support but framing effective policies that deliver the desired outcome has proved difficult. This paper builds on and updates earlier work by the author that attempted to analyse the reasons for the relative failure of...

This paper will trace the development of modern regulation of emissions, both local and global, from motor vehicles. To illuminate the principal themes of this story the focus will be on the experiences of the United States and Europe. Among those themes, three stand out, questions that sooner...

The allocation of traffic between different transport modes follows transport user decisions which depend on the generalized cost of travel in the available alternatives. High Speed Rail (HSR) investment is a government decision with significant effects on the generalized cost of rail transport;...

The debate on whether there are wider economic benefits from transport infrastructure investments continues to cause debate and controversy. This debate occurs both between analysts seeking to find a robust method for identifying and measuring the size of such benefits and between policy makers...

Transport sector policies already contribute to moderating greenhouse gas emissions from road vehicles and are increasingly designed to contribute to overall societal targets to mitigate climate change. The Round Table investigated the effectiveness and costs of various mitigation options. The...