Freight Futures: The Potential Impact of Road Freight on Climate Policy

Samuel Carrara and Thomas Longden
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Samuel Carrara: Fondazione Eni Enrico Mattei (FEEM) and Centro Euro-Mediterraneo sui Cambiamenti Climatici (CMCC)

No 2017.08, Working Papers from Fondazione Eni Enrico Mattei

Abstract: This paper describes changes to the modelling of the transport sector in the WITCH (World Induced Technical Change Hybrid) model to incorporate road freight and account for the intensity of freight with respect to GDP. Modelling freight demand based on the intensity of freight with respect to GDP allows for a focus on the importance of road freight with respect to the cost-effective achievement of climate policy targets. These climate policy targets are explored using different GDP pathways between 2005 and 2100, which are sourced from the Shared Socioeconomic Pathways (SSPs) database. Our modelling shows that the decarbonisation of the freight sector tends to occur in the second part of the century and the sector decarbonises by a lower extent than the rest of the economy. Decarbonising road freight on a global scale remains a challenge even when notable progress in biofuels and electric vehicles has been accounted for.

Keywords: Road Freight; Transport; Climate Mitigation; Integrated Assessment Models (search for similar items in EconPapers)
JEL-codes: Q54 Q58 R41 (search for similar items in EconPapers)
Date: 2017-02
New Economics Papers: this item is included in nep-ene, nep-env and nep-tre
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

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Working Paper: Freight Futures: The Potential Impact of Road Freight on Climate Policy (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:fem:femwpa:2017.08

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