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Full-Text Articles in Engineering
Beyond Business-As-Usual: Achieving A Paradigm Shift Towards Low-Carbon Transport, Theodoros Zachariadis
Beyond Business-As-Usual: Achieving A Paradigm Shift Towards Low-Carbon Transport, Theodoros Zachariadis
Theodoros Zachariadis
Transportation is responsible for a continuously rising share of global carbon emissions. Carefully designed regulations, supported by land use strategies, fiscal policies and local incentives, and enabled through targeted international development assistance, can reverse these unsustainable trends.
Designing Carbon Taxation Schemes For Automobiles: A Simulation Exercise For Germany, Adamos Adamou, Sofronis Clerides, Theodoros Zachariadis
Designing Carbon Taxation Schemes For Automobiles: A Simulation Exercise For Germany, Adamos Adamou, Sofronis Clerides, Theodoros Zachariadis
Theodoros Zachariadis
Vehicle taxation based on CO2 emissions is increasingly being adopted worldwide in order to shift consumer purchases to low-carbon cars, yet little is known about the effectiveness and overall economic impact of these schemes. We focus on feebate schemes, which impose a fee on high-carbon vehicles and give a rebate to purchasers of low-carbon automobiles. We estimate a discrete choice model of demand for automobiles in Germany and simulate the impact of alternative feebate schemes on emissions, consumer welfare, public revenues and firm profits. The analysis shows that a well-designed scheme can lead to emission reductions without reducing overall welfare.