The potential for CO2 emissions trading in transport: the case of personal vehicles and freight

Charles Raux ()
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Charles Raux: LET - Laboratoire d'économie des transports - UL2 - Université Lumière - Lyon 2 - ENTPE - École Nationale des Travaux Publics de l'État - CNRS - Centre National de la Recherche Scientifique

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Abstract: Transport currently accounts for around 25-30% of global CO2 emissions and this contribution is growing rapidly. Moreover, road transport holds by far the major part in these emissions. Because of the social and political reluctance to increase fuel taxation, it is of some interest to explore the inclusion of road transport in emission trading schemes. Starting from the theory about tradable permits, their relevance in transport emissions, their appropriate targets and their potential for practical implementation are analysed. Two proposals of "tradable rights for fuel consumption" are presented, the one for drivers of private vehicles, the other for freight transportation. Finally, potential pitfalls and implementation issues are also discussed. It is concluded that the cost of operating markets of fuel rights would be the price to be paid for an effective involvement of the transport sector in the effort to reduce emissions.

Keywords: Transport; CO2 emissions; Tradable permits; Private cars; Freight transport (search for similar items in EconPapers)
Date: 2010
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00566195
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Citations: View citations in EconPapers (15)

Published in Energy efficiency, 2010, 3 (2), pp. 133-148. ⟨10.1007/s12053-009-9065-7⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00566195

DOI: 10.1007/s12053-009-9065-7

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