Policies and Predictions for a Low-Carbon Transition by 2050 in Passenger Vehicles in East Asia: Based on an Analysis Using the E3ME-FTT Model

Aileen Lam, Soocheol Lee, Jean-Francois Mercure (), Yongsung Cho, Chun-Hsu Lin, Hector Pollitt, Unnada Chewpreecha and Sophie Billington
Additional contact information
Soocheol Lee: Faculty of Economics, Meijo University, 501 Shiogamaguchi, Tenparku, Nagoya 468-0073, Japan
Yongsung Cho: Department of Food and Resource Economics, Korea University, Korea Center for Green Economy, Anamdong, Seoul 02841, Korea
Chun-Hsu Lin: Chung-Hua Institution for Economic Research, Taipei 1106, Taiwan
Unnada Chewpreecha: Department of International Modelling, Cambridge Econometrics, Covent Garden, Cambridge CB12HT, UK
Sophie Billington: Department of International Modelling, Cambridge Econometrics, Covent Garden, Cambridge CB12HT, UK

Sustainability, 2018, vol. 10, issue 5, 1-32

Abstract: In this paper we apply a model of technological diffusion, Future Technology Transformations in the Transport Sector (FTT: Transport), linked to the E3ME macroeconomic model, to study possible future technological transitions in personal passenger transport in four East Asian countries. We assess how targeted policies could impact on these transitions by defining four scenarios based on policies that aim to reduce emissions from transport. For each country we find that an integrated approach of tax incentives, subsidies, regulations (fuel economy efficiency), kick-start programs and biofuel programs yield the most significant emission reductions because, when combined, they accelerate effectively the diffusion of electric vehicles in the region.

Keywords: CO 2 emission reduction; transport sectors; FTT: Transport model; E3ME; East Asian countries; transportation policies; the diffusion of electric vehicle (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
https://www.mdpi.com/2071-1050/10/5/1612/pdf (application/pdf)
https://www.mdpi.com/2071-1050/10/5/1612/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:10:y:2018:i:5:p:1612-:d:146955

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().