COST-BENEFIT ANALYSIS OF FUEL SUBSTITUTION FROM DIESEL TO NATURAL GAS IN URBAN BUSES IN SAO PAULO METROPOLITAN REGION
Vivian Mac Knight () and
Carlos Eduardo Young ()
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Vivian Mac Knight: Universidade Federal do Rio de Janeiro (UFRJ)
Revista de Economia Mackenzie (REM), 2009, vol. 7, issue 3, 24-36
Abstract:
This paper presents a cost-benefit analysis of a hypothetical project for converting urban diesel buses into compressed natural gas (CNG) in the Metropolitan Region of São Paulo (MRSP). Environmental valuation techniques were used to estimate the benefits of the air quality improvement due to fuel switch, due to the reduction of particulate matter (PM10) concentration. The costs of the project were calculated by the costs of converting diesel buses into CNG. The results show that the social benefits from the project largely exceed the conversion costs, thus indicating that it would contribute significantly to the welfare of the affected population.
Keywords: Environmental valuation; Air pollution; Compressed natural gas. (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:aft:journl:v:7:3:2009:sep:dec:p:24-36
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