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Regulating CO2 emissions of transportation in Europe: A CGE-analysis using market-based instruments
  This paper analyzes the use of market-based emission regulation instruments to address the carbon dioxide emissions of transportation. Simulations with a static multi-region computable general equilibrium model show that including transportation into the European emission trading system is superior to a closed emission trading system for transportation or a tax-based approach. Furthermore, we show that exempting transportation from emission regulation is the most favorable approach in terms of welfare. This counterintuitive result is due to a large tax-interaction effect caused by high pre-existing fuel taxes in the transport sector.
   
content link: http://www.sciencedirect.com/science?_ob=ArticleURL&_udi=B6VH8-4YK898V-1&_user=10&_coverDate=03%2F11%2F2010&_rdoc=1&_fmt=high&_orig=search&_sort=d&_docanchor=&view=c&_acct=C000050221&_version=1&_urlVersion=0&_userid=10&md5=7bfb523b77f25390fcc3d7cd463cc2e2
   
content language: English
English summary: no
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 ENVIRONMENT, ENERGY & RESOURCES
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created: Rok Rudolf, 31.03.2010 14:04:58
last modified: Rok Rudolf, 07.04.2010 15:31:25
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