Flachsland, Christian; Brunner, Steffen; Edenhofer, Ottmar - Department of Climate Change Economics, TU Berlin - 2010
Current policies in the road transport sector fail to deliver consistent and efficient incentives for greenhouse gas abatement (see companion article by Creutzig et al., 2010a). Market-based instruments such as cap-and-trade systems close this policy gap and are complementary to traditional...