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...
Main Authors: | , , , , |
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Format: | Working Paper |
Language: | en_US |
Published: |
MIT Joint Program on the Science and Policy of Global Change
2015
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Online Access: | http://hdl.handle.net/1721.1/99411 |