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The effect of fuel price increases on road transport CO2 emissions

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  • Virley, Simon

Abstract

In his March 1993 Budget, the Chancellor announced a commitment to increase the real value of road fuel duty in subsequent Budgets as part of a strategy to return UK CO2 emissions to 1990 levels by the year 2000. This paper examines the effect of higher fuel prices on UK road transport CO2 emission using an econometric model of road transport fuel consumption. If the minimum commitments announced in the Budget were adhered up to the year 2000, about 1.5 m tonnes of carbon would be saved, which represents about one-seventh of the overall saving required to meet the Rio commitment.

Suggested Citation

  • Virley, Simon, 1993. "The effect of fuel price increases on road transport CO2 emissions," Transport Policy, Elsevier, vol. 1(1), pages 43-48, October.
  • Handle: RePEc:eee:trapol:v:1:y:1993:i:1:p:43-48
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    Cited by:

    1. Melo, Patricia C. & Ramli, Ahmad Razi, 2014. "Estimating fuel demand elasticities to evaluate CO2 emissions: Panel data evidence for the Lisbon Metropolitan Area," Transportation Research Part A: Policy and Practice, Elsevier, vol. 67(C), pages 30-46.
    2. Owens, Susan, 1995. "From 'predict and provide' to 'predict and prevent'?: Pricing and planning in transport policy," Transport Policy, Elsevier, vol. 2(1), pages 43-49, January.
    3. Fontes, T. & Pereira, S.R. & Bandeira, J.M. & Coelho, M.C., 2015. "Assessment of the effectiveness of fuel and toll pricing policies in motorway emissions: An ex-post analysis," Research in Transportation Economics, Elsevier, pages 83-93.

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