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Transport Emissions and Energy Consumption Impacts of Private Capital Investment in Public Transport

Author

Listed:
  • Yunqiang Xue

    (College of Transportation and Logistics, East China JiaoTong University, Nanchang 330013, China)

  • Hongzhi Guan

    (College of Architecture and Civil Engineering, Beijing University of Technology, Beijing 100124, China
    Beijing Collaborative Innovation Center for Metropolitan Transportation, Beijing University of Technology, Beijing 100124, China)

  • Jonathan Corey

    (ART-Engines Transportation Research Lab, University of Cincinnati, Cincinnati, OH 45220, USA)

  • Bing Zhang

    (College of Transportation and Logistics, East China JiaoTong University, Nanchang 330013, China)

  • Hai Yan

    (Beijing Collaborative Innovation Center for Metropolitan Transportation, Beijing University of Technology, Beijing 100124, China)

  • Yan Han

    (Beijing Collaborative Innovation Center for Metropolitan Transportation, Beijing University of Technology, Beijing 100124, China)

  • Huanmei Qin

    (Beijing Collaborative Innovation Center for Metropolitan Transportation, Beijing University of Technology, Beijing 100124, China)

Abstract

Introducing private capital into the public transport system for its sustainable development has been increasing around the world. However, previous research ignores emissions and energy consumption impacts, which are important for private capital investment policy-making. To address this problem, the system dynamic (SD) approach was used to quantitatively analyze the cumulative effects of different private capital investment models in public transport from the environmental perspective. The SD model validity was verified in the case study of Jinan public traffic. Simulation results show that the fuel consumption and emission reductions are obvious when the private capital considering passenger value invests in public transport compared with the no private capital investment and traditional investment models. There are obvious cumulative reductions for fuel consumption, CO 2 , CO, SO 2 , and PM10 emissions for 100 months compared with no private capital investment. This research verifies the superiority of the passenger value investment model in public transport from the environmental point of view, and supplies a theoretical tool for administrators to evaluate the private capital investment effects systematically.

Suggested Citation

  • Yunqiang Xue & Hongzhi Guan & Jonathan Corey & Bing Zhang & Hai Yan & Yan Han & Huanmei Qin, 2017. "Transport Emissions and Energy Consumption Impacts of Private Capital Investment in Public Transport," Sustainability, MDPI, vol. 9(10), pages 1-19, October.
    • Handle: RePEc:gam:jsusta:v:9:y:2017:i:10:p:1760-:d:113916
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    References listed on IDEAS

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    Cited by:

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    3. jiemin, Huang & chen, Wen, 2022. "The impact of private sector energy investment, innovation and energy consumption on China's carbon emissions," Renewable Energy, Elsevier, vol. 195(C), pages 1291-1299.
    4. Yunqiang Xue & Lin Cheng & Kuang Wang & Jing An & Hongzhi Guan, 2020. "System Dynamics Analysis of the Relationship between Transit Metropolis Construction and Sustainable Development of Urban Transportation—Case Study of Nanchang City, China," Sustainability, MDPI, vol. 12(7), pages 1-25, April.
    5. Anwar, Ahsan & Sharif, Arshian & Fatima, Saba & Ahmad, Paiman & Sinha, Avik & Khan, Syed Abdul Rehman & Jermsittiparsert, Kittisak, 2021. "The asymmetric effect of public private partnership investment on transport CO2 emission in China: Evidence from quantile ARDL approach," MPRA Paper 108160, University Library of Munich, Germany, revised 2021.

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