Modeling the Transport Sector: The Role of Existing Fuel Taxes in Climate Policy

Abstract in HTML and technical report in PDF available on the Massachusetts Institute of Technology Joint Program on the Science and Policy of Global Change website (http://mit.edu/globalchange/www/).

Bibliographic Details
Main Authors: Paltsev, Sergey., Jacoby, Henry D., Reilly, John M., Viguier, Laurent L.
Language:en_US
Published: MIT Joint Program on the Science and Policy of Global Change 2004
Online Access:http://mit.edu/globalchange/www/abstracts.html#a117
http://hdl.handle.net/1721.1/7348
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author Paltsev, Sergey.
Jacoby, Henry D.
Reilly, John M.
Viguier, Laurent L.
author_facet Paltsev, Sergey.
Jacoby, Henry D.
Reilly, John M.
Viguier, Laurent L.
author_sort Paltsev, Sergey.
collection MIT
description Abstract in HTML and technical report in PDF available on the Massachusetts Institute of Technology Joint Program on the Science and Policy of Global Change website (http://mit.edu/globalchange/www/).
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spelling mit-1721.1/73482019-04-12T08:40:31Z Modeling the Transport Sector: The Role of Existing Fuel Taxes in Climate Policy Paltsev, Sergey. Jacoby, Henry D. Reilly, John M. Viguier, Laurent L. Abstract in HTML and technical report in PDF available on the Massachusetts Institute of Technology Joint Program on the Science and Policy of Global Change website (http://mit.edu/globalchange/www/). Existing fuel taxes play a major role in determining the welfare effects of exempting the transportation sector from measures to control greenhouse gases. To study this phenomenon we modify the MIT Emissions Prediction and Policy Analysis (EPPA) model to disaggregate the household transportation sector. This improvement requires an extension of the GTAP data set that underlies the model. The revised and extended facility is then used to compare economic costs of cap-and-trade systems differentiated by sector, focusing on two regions: the USA where the fuel taxes are low, and Europe where the fuel taxes are high. We find that the interplay between carbon policies and pre-existing taxes leads to different results in these regions: in the USA exemption of transport from such a system would increase the welfare cost of achieving a national emissions target, while in Europe such exemptions will correct pre-existing distortions and reduce the cost. Supported by the US Department of Energy, Office of Biological and Environmental Research [BER] (DE-FG02-94ER61937); the US Environmental Protection Agency (X-827703-01-0); the Electric Power Research Institute; and by a consortium of industry and foundation sponsors. 2004-11-29T22:21:10Z 2004-11-29T22:21:10Z 2004-11 http://mit.edu/globalchange/www/abstracts.html#a117 http://hdl.handle.net/1721.1/7348 Report no. 117 en_US ;Report no. 117 242558 bytes application/pdf application/pdf MIT Joint Program on the Science and Policy of Global Change
spellingShingle Paltsev, Sergey.
Jacoby, Henry D.
Reilly, John M.
Viguier, Laurent L.
Modeling the Transport Sector: The Role of Existing Fuel Taxes in Climate Policy
title Modeling the Transport Sector: The Role of Existing Fuel Taxes in Climate Policy
title_full Modeling the Transport Sector: The Role of Existing Fuel Taxes in Climate Policy
title_fullStr Modeling the Transport Sector: The Role of Existing Fuel Taxes in Climate Policy
title_full_unstemmed Modeling the Transport Sector: The Role of Existing Fuel Taxes in Climate Policy
title_short Modeling the Transport Sector: The Role of Existing Fuel Taxes in Climate Policy
title_sort modeling the transport sector the role of existing fuel taxes in climate policy
url http://mit.edu/globalchange/www/abstracts.html#a117
http://hdl.handle.net/1721.1/7348
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