EconPapers    
Economics at your fingertips  
 

Effects of personal carbon trading on the decision to adopt battery electric vehicles: Analysis based on a choice experiment in Jiangsu, China

Wenbo Li, Ruyin Long, Hong Chen, Tong Yang, Jichao Geng and Muyi Yang

Applied Energy, 2018, vol. 209, issue C, 478-488

Abstract: The implementation of personal carbon trading (PCT) to influence transport choices has recently been suggested as a method to reduce private carbon emissions. In this study, we conducted a choice experiment in Jiangsu, China, to evaluate if PCT influences individual decisions to adopt battery electric vehicles (BEVs). The results showed that PCT can effectively change the decision to adopt and encourage the adoption of BEVs. PCT was shown to be more effective than free parking as well as eliminating road tolls, vehicle and vessel tax, and purchase tax, but less effective than government subsidies. In addition, we found that improving some BEV performance attributes was preferred to policy incentives, including PCT. These results improve our understanding of the effectiveness of PCT and the individual decision to adopt BEVs. Our findings could facilitate the practical implementation of PCT and provide suitable guidelines for developing BEV promotion strategies.

Keywords: Battery electric vehicle; Choice experiment; Decision to adopt; Personal carbon trading (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0306261917315647
Full text for ScienceDirect subscribers only

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:eee:appene:v:209:y:2018:i:c:p:478-488

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/405891/bibliographic
http://www.elsevier. ... 405891/bibliographic

Access Statistics for this article

Applied Energy is currently edited by J. Yan

More articles in Applied Energy from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

 
Page updated 2018-11-10
Handle: RePEc:eee:appene:v:209:y:2018:i:c:p:478-488