The cost and effectiveness of policies to reduce vehicle emissions: Summary and conclusions

Joint Transport Research Centre
Round Table, 31 January - 1 February 2008
Paris
International Transport forum
Discussion paper No 2008-9
April 2008

Transport sector policies already contribute to moderating greenhouse gas emissions from road vehicles. They are increasingly designed to contribute to overall societal targets to mitigate climate change. While abatement costs in transport are relatively high, there are plausible arguments in favour of further abatement in this sector.

Fuel taxes are a good instrument. Fuel economy standards are potentially justified because of the limited performance of markets in terms of improving fuel economy. The empirical basis to decide upon combinations of fuel economy standards and fuel taxes, however, remain weak.

This Round Table Fuel taxes are a good instrument. Fuel economy standards are potentially justified because of the limited performance of markets in terms of improving fuel economy. The empirical basis to decide upon combinations of fuel economy standards and fuel taxes, however, remain weak.

Content:
Executive Summary
Effective policy packages to reduce greenhouse gas emissions from road transport
The design of fuel economy standards
Burden sharing
Conclusion

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