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Light Duty Vehicle Transportation and Global Climate Policy: The Importance of Electric Drive Vehicles

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  • Bosetti, Valentina
  • Longden, Thomas

Abstract

With a focus on establishing whether climate targets can be met under different personal transport scenarios we introduce a transport sector representing the use and profile of light domestic vehicles (LDVs) into the integrated assessment model WITCH. In doing so we develop long term projections of light domestic vehicle use and define potential synergies between innovation in the transportation sector and the energy sector. By modelling the demand for LDVs, the use of fuels, and the types of vehicles introduced we can analyse the potential impacts on the whole economy. We find that with large increases in the use of vehicles in many regions around the globe, the electrification of LDVs is important in achieving cost effective climate targets and minimising the impact of transportation on other sectors of the economy.

Suggested Citation

  • Bosetti, Valentina & Longden, Thomas, 2012. "Light Duty Vehicle Transportation and Global Climate Policy: The Importance of Electric Drive Vehicles," Climate Change and Sustainable Development 121948, Fondazione Eni Enrico Mattei (FEEM).
    • Handle: RePEc:ags:feemcl:121948
    DOI: 10.22004/ag.econ.121948
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    File URL: https://ageconsearch.umn.edu/record/121948/files/NDL2012-011.pdf
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    JEL classification:

    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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