Examining the impact of carbon price changes under a personalised carbon trading scheme for transport

David McNamara and Brian Caulfield

Transport Policy, 2013, vol. 30, issue C, 238-253

Abstract: The research presented in this paper investigates the welfare effects of a Personal Carbon Trading Scheme (PCTS). A consumer surplus analysis is used to determine the welfare loss to individuals who undertake travel-to-work trips in the Dublin and the Western Border Region (WBR) of Ireland. Three CO2 price scenarios are analysed: a low, medium and high carbon price. These results are compared at an aggregate level for each electoral division to existing measures of deprivation derived from the Census 2006 to determine if electoral wards designated as relatively deprived also incur the largest welfare losses. The results are also compared to the density of population in each electoral division to investigate any link between density levels and welfare changes, particularly in rural regions.

Keywords: Carbon price; Emissions trading; Inequity (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0967070X13001509
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:trapol:v:30:y:2013:i:c:p:238-253

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/supportfaq.cws_home/regional
https://shop.elsevie ... _01_ooc_1&version=01

DOI: 10.1016/j.tranpol.2013.09.017

Access Statistics for this article

Transport Policy is currently edited by Y. Hayashi

More articles in Transport Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().