Sustainability and optimization in the automotive sector for adaptation to government vehicle pollutant emission regulations
Francisco Rubio,
Carlos Llopis-Albert,
Francisco Valero and
Antonio José Besa
Journal of Business Research, 2020, vol. 112, issue C, 561-566
Abstract:
Future competitiveness in the automotive sector involves designing sustainability strategies to ensure compliance with government policies on environmental issues. This requires technological optimization to minimize vehicles’ energy consumption and reduce greenhouse gas (GHG) emissions. This paper presents an algorithm to increase the energy efficiency of vehicles with internal combustion engines. On the one hand, the use of this algorithm optimizes the time spent traveling and, on the other, it reduces the energy consumed and the emission of polluting gases in line with the European Union (EU) guidelines in terms of reduction of greenhouse gas emissions, renewable energy share, and improvements in energy efficiency. Based on the difference in energy consumption between optimized and unoptimized vehicles, the economic benefit is quantified in terms of GHG emission quotas, volume of fuel consumed, and the indirect benefits with respect to improving corporate brand image. The methodology has been applied to real examples.
Keywords: Automotive sector; Greenhouse gas emissions trading; Global warming; Vehicle fuel consumption optimization; Government energy policies; Emission regulations and subsidies (search for similar items in EconPapers)
Date: 2020
References: View complete reference list from CitEc
Citations: View citations in EconPapers (16)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jbrese:v:112:y:2020:i:c:p:561-566
DOI: 10.1016/j.jbusres.2019.10.050
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