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Developing transport infrastructure for the Low Carbon Society

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  • Andrew Sentance

Abstract

For the UK and other advanced economies the transition to a genuinely Low Carbon Society is a major undertaking. Within transport, changes to vehicle and aircraft technology are likely to be the key drivers of this change, underpinned by a more consistent and comprehensive approach to carbon pricing. Infrastructure investment is likely to be needed to cater for travel growth, but this should be on the basis that improvements in carbon efficiency outweigh the upward pressure of growth on emissions. A radical shift in the power supply for road transport to support electric vehicles could also have significant infrastructure requirements, and there will be potentially significant 'soft' investment requirements associated with improved traffic management, travel information systems, and road pricing. Road pricing and an extension of carbon pricing--particularly to aviation--create income flows which may help to fund transport infrastructure development in a world of constrained public finances. Copyright 2009, Oxford University Press.

Suggested Citation

  • Andrew Sentance, 2009. "Developing transport infrastructure for the Low Carbon Society," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 25(3), pages 391-410, Autumn.
    • Handle: RePEc:oup:oxford:v:25:y:2009:i:3:p:391-410
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    File URL: http://hdl.handle.net/10.1093/oxrep/grp026
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    Cited by:

    1. David Jarvis & Nigel Berkeley & Tom Donnelly, 2012. "Capturing the economic benefits of a transformative shift to low carbon automobility," Local Economy, London South Bank University, vol. 27(7), pages 692-704, November.
    2. Ana Beatriz Lopes de Sousa Jabbour & Diego Vazquez‐Brust & Charbel José Chiappetta Jabbour & Daniela Andriani Ribeiro, 2020. "The interplay between stakeholders, resources and capabilities in climate change strategy: converting barriers into cooperation," Business Strategy and the Environment, Wiley Blackwell, vol. 29(3), pages 1362-1386, March.

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