Biofuels, Climate Policy and the European Vehicle Fleet
Abstract and PDF report are also available on the MIT Joint Program on the Science and Policy of Global Change website (http://globalchange.mit.edu/).
| Main Authors: | , , , |
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| Format: | Technical Report |
| Language: | en_US |
| Published: |
MIT Joint Program on the Science and Policy of Global Change
2009
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| Online Access: | http://globalchange.mit.edu/pubs/abstract.php?publication_id=1984 http://hdl.handle.net/1721.1/49856 |
| _version_ | 1826208947760005120 |
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| author | Rausch, Sebastian Reilly, John M. Paltsev, Sergey Gitiaux, Xavier |
| author_facet | Rausch, Sebastian Reilly, John M. Paltsev, Sergey Gitiaux, Xavier |
| author_sort | Rausch, Sebastian |
| collection | MIT |
| description | Abstract and PDF report are also available on the MIT Joint Program on the Science and Policy of Global Change website (http://globalchange.mit.edu/). |
| first_indexed | 2024-09-23T14:15:16Z |
| format | Technical Report |
| id | mit-1721.1/49856 |
| institution | Massachusetts Institute of Technology |
| language | en_US |
| last_indexed | 2024-09-23T14:15:16Z |
| publishDate | 2009 |
| publisher | MIT Joint Program on the Science and Policy of Global Change |
| record_format | dspace |
| spelling | mit-1721.1/498562019-04-12T23:25:24Z Biofuels, Climate Policy and the European Vehicle Fleet Rausch, Sebastian Reilly, John M. Paltsev, Sergey Gitiaux, Xavier Abstract and PDF report are also available on the MIT Joint Program on the Science and Policy of Global Change website (http://globalchange.mit.edu/). We examine the effect of biofuels mandates and climate policy on the European vehicle fleet, considering the prospects for diesel and gasoline vehicles. We use the MIT Emissions Prediction and Policy Analysis (EPPA) model, which is a general equilibrium model of the world economy. We expand this model by explicitly introducing current generation biofuels, by accounting for stock turnover of the vehicle fleets and by disaggregating gasoline and diesel cars. We find that biofuels mandates alone do not substantially change the share of diesel cars in the total fleet given the current structure of fuel taxes and tariffs in Europe that favors diesel vehicles. Jointly implemented changes in fiscal policy, however, can reverse the trend toward more diesel vehicles. We find that harmonizing fuel taxes reduces the welfare cost associated with renewable fuel policy and lowers the share of diesel vehicles in the total fleet to 21% by 2030 compared to 25% in 2010. We also find that eliminating tariffs on biofuel imports, which under the existing regime favor biodiesel and impede sugar ethanol imports, is welfare-enhancing and brings about further substantial reductions in CO2 emissions. This study received support from the MIT Joint Program on the Science and Policy of Global Change, which is funded by a consortium of government, industry and foundation sponsors. 2009-11-25T19:23:42Z 2009-11-25T19:23:42Z 2009-08 Technical Report http://globalchange.mit.edu/pubs/abstract.php?publication_id=1984 http://hdl.handle.net/1721.1/49856 Report no. 176 en_US ;Report no. 176 application/pdf MIT Joint Program on the Science and Policy of Global Change |
| spellingShingle | Rausch, Sebastian Reilly, John M. Paltsev, Sergey Gitiaux, Xavier Biofuels, Climate Policy and the European Vehicle Fleet |
| title | Biofuels, Climate Policy and the European Vehicle Fleet |
| title_full | Biofuels, Climate Policy and the European Vehicle Fleet |
| title_fullStr | Biofuels, Climate Policy and the European Vehicle Fleet |
| title_full_unstemmed | Biofuels, Climate Policy and the European Vehicle Fleet |
| title_short | Biofuels, Climate Policy and the European Vehicle Fleet |
| title_sort | biofuels climate policy and the european vehicle fleet |
| url | http://globalchange.mit.edu/pubs/abstract.php?publication_id=1984 http://hdl.handle.net/1721.1/49856 |
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