Freight Futures: The Potential Impact of Road Freight on Climate Policy

Samuel Carrara and Thomas Longden

No 253731, MITP: Mitigation, Innovation and Transformation Pathways from Fondazione Eni Enrico Mattei (FEEM)

Abstract: This paper describes changes to the modelling of the transport sector in the WITCH (World Induced Technical Change Hybrid) model to incorporate road freight and account for the intensity of freight with respect to GDP. Modelling freight demand based on the intensity of freight with respect to GDP allows for a focus on the importance of road freight with respect to the cost-effective achievement of climate policy targets. These climate policy targets are explored using different GDP pathways between 2005 and 2100, which are sourced from the Shared Socioeconomic Pathways (SSPs) database. Our modelling shows that the decarbonisation of the freight sector tends to occur in the second part of the century and the sector decarbonises by a lower extent than the rest of the economy. Decarbonising road freight on a global scale remains a challenge even when notable progress in biofuels and electric vehicles has been accounted for.

Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
Pages: 24
Date: 2017-03-03
New Economics Papers: this item is included in nep-ene, nep-env and nep-tre
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Citations: View citations in EconPapers (11)

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https://ageconsearch.umn.edu/record/253731/files/NDL2017-008.pdf (application/pdf)

Related works:
Working Paper: Freight Futures: The Potential Impact of Road Freight on Climate Policy (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:feemmi:253731

DOI: 10.22004/ag.econ.253731

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