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Emissions trading for the automobile industry

Author

Listed:
  • Ferdinand Dudenhöffer

Abstract

Climate change is one of the greatest challenges for the automotive industry. Although an abundance of technological approaches is available, the European automotive industry has not achieved its self-set goal of decreasing CO2 emission. An important reason for this is car buyers' unwillingness to pay for fuel saving technologies. Ferdinand Dudenhöffer, B&D Forecast GmbH and the Center of Automotive Research (CAR) at the University of Applied Science, Gelsenkirchen, proposes the introduction of a trading system for CO2 emissions to reach the goal set by the EU Commission of achieving an average of around 130 grammes CO2 per kilometre.

Suggested Citation

  • Ferdinand Dudenhöffer, 2007. "Emissions trading for the automobile industry," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 60(05), pages 20-24, March.
    • Handle: RePEc:ces:ifosdt:v:60:y:2007:i:05:p:20-24
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    File URL: https://www.ifo.de/DocDL/ifosd_2007_5_2.pdf
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    More about this item

    JEL classification:

    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General

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