Impacts of CO2 Mandates for New Cars in the European Union

CO2 emissions mandates for new light-duty passenger vehicles have recently been adopted in the European Union (EU), which require steady reductions to 95 g CO2/km in 2021. Using a computable general equilibrium (CGE) model, we analyze the impact of the mandates on oil demand, CO2 emissions, and econ...

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Bibliographic Details
Main Authors: Paltsev, S., Chen, Y.-H.H., Karplus, V., Kishimoto, P., Reilly, J.
Format: Working Paper
Language:en_US
Published: MIT Joint Program on the Science and Policy of Global Change 2015
Online Access:http://hdl.handle.net/1721.1/99411