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Transport generates many externalities, some related to atmospheric pollution. In this paper, we focus on two: greenhouse gases, and local pollution. In the search for optimal transport policies, these two externalities have usually been analysed separately. Here, we study them jointly, in a...
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stronger actions to reduce CO2 emissions. Second, uncertainty interacts with two kinds of irreversibilities. First, CO2 remains … away from earlier actions. Both irreversibilities are inherent in climate policy, but the net effect is ambiguous …
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This paper analyses the decision to invest to reduce the emissions of a stock pollutant under environmental uncertainty. It shows that this decision depends on the type and level of uncertainty. When uncertainty is small, there is no simple irreversibility effect because of the tension between...
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We compile a detailed road transport inventory for greenhouse gases and air pollutants to explore energy emissions from alternative policy scenarios for the Kenya road transport sector. In 2010, road transport emissions accounted for 61% of total nitrogen oxides emissions in Kenya, 39% of fine...
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