Carbon allowance allocation in the transportation industry

Ching Chih Chang and Tin Chia Lai

Energy Policy, 2013, vol. 63, issue C, 1091-1097

Abstract: This study proposes models for projecting reductions in CO2 emissions of 10%, 20%, 30%, and 40% compared to business as usual (BAU), using a carbon allowance allocation policy and both unimodal and intermodal modes of transportation. The results show that for 10% to 80% decreases in free carbon allowance, the intermodal ratio increased from 1.01% to 53.44%, which led to decreases in carbon emissions and demand ranging from 10.41% to 48.19% and 8.45% to 7.57%, respectively. When free carbon allowances are decreased, the demand for intermodal systems increases accordingly. These results suggest that a carbon allowance allocation policy could mitigate transportation carbon emissions with a relatively small negative impact on economic activity.

Keywords: Carbon allowance allocation; Transportation industry; Intermodal transport (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:63:y:2013:i:c:p:1091-1097

DOI: 10.1016/j.enpol.2013.08.093

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