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Decarbonising the road transport sector: breakeven point and consequent potential consumers’ behaviour for the US case

Lui, Jian and Santos, Georgina 2015. Decarbonising the road transport sector: breakeven point and consequent potential consumers’ behaviour for the US case. International Journal of Sustainable Transportation 9 (3) , pp. 159-175. 10.1080/15568318.2012.749962

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Abstract

A breakeven analysis of low carbon vehicle/fuel systems is conducted for the US for the year 2020, taking into consideration both private and external costs. All comparisons are made with respect to the conventional gasoline car as the baseline. Interestingly, the social cost of carbon prevailing in the literature is not high enough to justify the prioritization of low carbon vehicle/fuel technologies and the only way forward if such a track were to be chosen would be a political decision not necessarily grounded on economic principles. Nonetheless potential policies for the most financially viable alternative vehicle/fuel systems are considered.

Item Type: Article
Date Type: Publication
Status: Published
Schools: Geography and Planning (GEOPL)
Subjects: H Social Sciences > HE Transportation and Communications
Uncontrolled Keywords: alternative fuel vehicles; alternative fuels; bio-fuels; breakeven analysis; electric vehicles; external costs of road transport; lifecycle analysis; low carbon transport; present value of costs
Additional Information: Online publication date: 3 June 2013. PDF uploaded in accordance with publisher's policy at http://www.sherpa.ac.uk/romeo/issn/1556-8318/ (accessed 11.3.15).
Publisher: Taylor & Francis
ISSN: 1556-8318
Date of First Compliant Deposit: 30 March 2016
Date of Acceptance: 12 November 2012
Last Modified: 07 Nov 2019 09:03
URI: http://orca.cf.ac.uk/id/eprint/45668

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