Fuel Efficiency Versus Fuel Substitution in the Transport Sector

• Tác giả: Gal Hochman
• Ngôn ngữ: eng
• Ký hiệu phân loại: 665.74 Storage, transportation, distribution of natural gas and manufactured gases
• Thông tin xuất bản: World Bank, Washington, DC, 2017
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 300840
• Chủ đề: 1. EMISSION INTENSITY; 2. FUEL EFFICIENCY; 3. FUEL SWITCHING; 4. PRICE ELASTICITY; 5. TRANSPORT

Tóm tắt

The transport sector offers limited options to reduce greenhouse gas emissions as compared with other sectors, such as power generation and industrial sectors. To understand the potential reduction of energy consumption and associated emissions through fuel substitution or transportation service demand reduction, this study estimates own- and cross-price elasticities of various fuels used for transportation. The analysis shows, like many previous studies, that an increase in fuel prices would not have a large effect on transport sector carbon dioxide emissions, due to limited substitution possibilities among fuels for transportation. The study also finds that price-induced changes that lead to an increase in the rate of adoption of fuel-efficient vehicles would be more effective than a policy to cause fuel substitution.