Valuing Greenhouse Gases Emissions and Uncertainty in Transport Cost Benefit Analysis

David Meunier () and Emile Quinet
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David Meunier: LVMT - Laboratoire Ville, Mobilité, Transport - IFSTTAR - Institut Français des Sciences et Technologies des Transports, de l'Aménagement et des Réseaux - UPEM - Université Paris-Est Marne-la-Vallée - ENPC - École nationale des ponts et chaussées
Emile Quinet: PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, PSE - Paris-Jourdan Sciences Economiques - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - INRA - Institut National de la Recherche Agronomique - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique

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Abstract: The transport sector has an important and increasing role in greenhouse gases emissions, and cost benefit analysis (CBA) of transport projects should give in this regard accurate and objective information. Indeed, many countries have included this concern in their CBA guidelines, but it typically consists simply in adopting an official value per ton of carbon emitted. Does this mean that the issue is correctly treated by CBA? Since "the devil is in the details" this paper reviews key items influencing the quality of CO2 emission valuation, estimating the order of magnitude of their effects and taking into account the nature and degree of imprecision and uncertainty associated with them.

Keywords: climate change; externality; emission valuation; uncertainty (search for similar items in EconPapers)
Date: 2015-03
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Citations: View citations in EconPapers (3)

Published in Transportation Research Procedia, 2015, Current practices in transport: appraisal methods, policies and models – 42nd European Transport Conference Selected Proceedings, 8, pp.80-88. ⟨10.1016/j.trpro.2015.06.044⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-01207235

DOI: 10.1016/j.trpro.2015.06.044

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