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Automobile Externalities and Policies

  • Parry, Ian W.H.

    ()

    (Resources for the Future)

  • Walls, Margaret

    ()

    (Resources for the Future)

  • Harrington, Winston

    ()

    (Resources for the Future)

This paper discusses the nature, and magnitude, of externalities associated with automobile use, including local and global pollution, oil dependence, traffic congestion and traffic accidents. It then discusses current federal policies affecting these externalities, including fuel taxes, fuel-economy and emissions standards, and alternative fuel policies, summarizing, insofar as possible, the welfare effects of those policies. Finally, we discuss emerging pricing policies, including congestion tolls, and insurance reform, and we summarize what appears to be the appropriate combination of policies to address automobile externalities.

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Paper provided by Resources For the Future in its series Discussion Papers with number dp-06-26.

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Date of creation: 19 Jan 2007
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Handle: RePEc:rff:dpaper:dp-06-26
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  1. Studies on the automobile industry

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