On assessing climate effects of electrifying the transport sector
AbstractShifting transportation to electrified modes, e.g., rail, is a politically attractive way of reducing greenhouse gas (GHG) emissions from the transportation sector. There is a vivid debate about the effects such a shift has on GHG emission and how these should be assessed and appraised. We argue that this debate largely originates from differences in how the debaters characterize the situation at hand, in particular how markets are organized and which policy instruments are in place. To shed light on this, we start by identifying the appropriate assessment approach in a hypothetical situation without any climate or energy policies and then gradually add realistic circumstances into the equation. Our main conclusion is that evaluating the climate impacts from a transportation shift is a highly complex task in the initial situation. The closer we move towards a climate-policy architecture of the current EU-type, the simpler the task becomes. Given a comprehensive global climate treaty, there is no need for any special treatment of the GHG effects since all relevant effects then would be internalized in producer and consumer prices.
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Bibliographic InfoPaper provided by CTS - Centre for Transport Studies Stockholm (KTH and VTI) in its series Working papers in Transport Economics with number 2012:11.
Length: 19 pages
Date of creation: 03 May 2012
Date of revision:
Contact details of provider:
Postal: Centrum för Transportstudier (CTS), Teknikringen 10, 100 44 Stockholm, Sweden
Web page: http://www.kth.se/abe/om_skolan/organisation/centra/cts
Climate; Transport; Cost-benefit analysis;
Find related papers by JEL classification:
- H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
- Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
- R42 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government and Private Investment Analysis; Road Maintenance; Transportation Planning
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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