IDEAS home Printed from https://ideas.repec.org/p/hal/journl/halshs-00566195.html
   My bibliography  Save this paper

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

Author

Listed:
  • 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)

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.

Suggested Citation

  • Charles Raux, 2010. "The potential for CO2 emissions trading in transport: the case of personal vehicles and freight," Post-Print halshs-00566195, HAL.
    • Handle: RePEc:hal:journl:halshs-00566195
    DOI: 10.1007/s12053-009-9065-7
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00566195
    as

    Download full text from publisher

    File URL: https://shs.hal.science/halshs-00566195/document
    Download Restriction: no
    File URL: https://libkey.io/10.1007/s12053-009-9065-7?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Stavins Robert N., 1995. "Transaction Costs and Tradeable Permits," Journal of Environmental Economics and Management, Elsevier, vol. 29(2), pages 133-148, September.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Xiao-Yi Li & Bao-Jun Tang, 2017. "Incorporating the transport sector into carbon emission trading scheme: an overview and outlook," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 88(2), pages 683-698, September.
    2. Charles Raux, 2011. "Downstream Emissions Trading for Transport," Transportation Research, Economics and Policy, in: Werner Rothengatter & Yoshitsugu Hayashi & Wolfgang Schade (ed.), Transport Moving to Climate Intelligence, chapter 0, pages 209-226, Springer.
    3. Chen, Daqiang & Ignatius, Joshua & Sun, Danzhi & Goh, Mark & Zhan, Shalei, 2018. "Impact of congestion pricing schemes on emissions and temporal shift of freight transport," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 118(C), pages 77-105.
    4. Peñafiel-Mera, Allan & Santos, Georgina, 2024. "Differences in perceptions of fuel duties and emissions trading in road transport," Transport Policy, Elsevier, vol. 153(C), pages 24-38.
    5. Tan, Xueping & Wang, Xinyu & Zaidi, Syed Haider Ali, 2019. "What drives public willingness to participate in the voluntary personal carbon-trading scheme? A case study of Guangzhou Pilot, China," Ecological Economics, Elsevier, vol. 165(C), pages 1-1.
    6. Perrels, Adriaan & Tuovinen, Tarja, 2012. "The Effectiveness of Differentiation of the Finnish Car Purchase Tax according to Carbon Dioxide Emission Performance," Research Reports 168, VATT Institute for Economic Research.
    7. Nie, Qingyun & Zhang, Lihui & Li, Songrui, 2022. "How can personal carbon trading be applied in electric vehicle subsidies? A Stackelberg game method in private vehicles," Applied Energy, Elsevier, vol. 313(C).
    8. Bulteau, Julie, 2012. "Tradable emission permit system for urban motorists: The neo-classical standard model revisited," Research in Transportation Economics, Elsevier, vol. 36(1), pages 101-109.
    9. Wang, Haibing & Zheng, Tianhang & Sun, Weiqing & Khan, Muhammad Qasim, 2023. "Research on the pricing strategy of park electric vehicle agent considering carbon trading," Applied Energy, Elsevier, vol. 340(C).
    10. Bonesmo, Helge & Skjelvåg, Arne Oddvar & Henry Janzen, H. & Klakegg, Ove & Tveito, Ole Einar, 2012. "Greenhouse gas emission intensities and economic efficiency in crop production: A systems analysis of 95 farms," Agricultural Systems, Elsevier, vol. 110(C), pages 142-151.
    11. Starkey, Richard, 2012. "Personal carbon trading: A critical survey," Ecological Economics, Elsevier, vol. 73(C), pages 7-18.
    12. Bertoldi, Paolo & Rezessy, Silvia & Anable, Jillian & Jochem, Patrick & Oikonomou, Vlasis, 2011. "Energy Saving Obligations and White Certificates: Ideas and Considerations for the Transport Sector," MPRA Paper 91624, University Library of Munich, Germany.
    13. Kuokkanen, Anna & Sihvonen, Markus & Uusitalo, Ville & Huttunen, Anna & Ronkainen, Tuuli & Kahiluoto, Helena, 2020. "A proposal for a novel urban mobility policy: Personal carbon trade experiment in Lahti city," Utilities Policy, Elsevier, vol. 62(C).
    14. Nie, Qingyun & Zhang, Lihui & Tong, Zihao & Hubacek, Klaus, 2022. "Strategies for applying carbon trading to the new energy vehicle market in China: An improved evolutionary game analysis for the bus industry," Energy, Elsevier, vol. 259(C).
    15. Charles Raux & Amandine Chevalier & Emmanuel Bougna & Denis Hilton, 2015. "Mobility Choices and Climate Change: Assessing the Effects of Social Norms and Economic Incentives through Discrete Choice Experiments," Post-Print halshs-01158088, HAL.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Chau, Nancy H. & Qin, Yu & Zhang, Weiwen, 2015. "Networked Leaders in the Shadow of the Market – A Chinese Experiment in Allocating Land Conversion Rights," Working Papers 250022, Cornell University, Department of Applied Economics and Management.
    2. Don Fullerton & Gilbert E. Metcalf, 2002. "Environmental Controls, Scarcity Rents, and Pre-existing Distortions," Chapters, in: Lawrence H. Goulder (ed.), Environmental Policy Making in Economies with Prior Tax Distortions, chapter 26, pages 504-522, Edward Elgar Publishing.
    3. Filippelli, Raphael & Termansen, Mette & Hasan, Syezlin & Hasler, Berit & Hansen, Line & Smart, James C.R., 2022. "Water quality trading markets – Integrating land and marine based measures under a smart market approach," Ecological Economics, Elsevier, vol. 200(C).
    4. Lawrence H. Goulder, 2013. "Markets for Pollution Allowances: What Are the (New) Lessons?," Journal of Economic Perspectives, American Economic Association, vol. 27(1), pages 87-102, Winter.
    5. Sam Fankhauser & Cameron Hepburn, 2009. "Carbon markets in space and time," GRI Working Papers 3, Grantham Research Institute on Climate Change and the Environment.
    6. Bonacina, Monica & Gulli`, Francesco, 2007. "Electricity pricing under "carbon emissions trading": A dominant firm with competitive fringe model," Energy Policy, Elsevier, vol. 35(8), pages 4200-4220, August.
    7. Coria, Jessica & Löfgren, Åsa & Sterner, Thomas, 2009. "To Trade or Not to Trade: Firm-Level Analysis of Emissions Trading in Santiago, Chile," RFF Working Paper Series dp-09-25-efd, Resources for the Future.
    8. Rajesh Singh & Quinn Weninger, 2017. "Cap-and-trade under transactions costs and factor irreversibility," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 64(2), pages 357-407, August.
    9. Brockmann, Karl Ludwig & Koschel, Henrike & Schmidt, Tobias F. N., 1998. "Tradable SO-2-permits in the European Union: a practicable scheme for public utilities," ZEW Discussion Papers 98-15, ZEW - Leibniz Centre for European Economic Research.
    10. Peter Heindl, 2017. "The impact of administrative transaction costs in the EU emissions trading system," Climate Policy, Taylor & Francis Journals, vol. 17(3), pages 314-329, April.
    11. Nentjes, Andries & Klaassen, Ger, 2004. "On the quality of compliance mechanisms in the Kyoto Protocol," Energy Policy, Elsevier, vol. 32(4), pages 531-544, March.
    12. Chuang Li & Subhash C. Ray, 2021. "Opportunity Cost and Employment Effect of Emission Reduction: An Inter-Industry Comparison of Targeted Pollution Reduction," Working papers 2021-13, University of Connecticut, Department of Economics.
    13. Schwabe, Kurt A., 2000. "Modeling state-level water quality management: the case of the Neuse River Basin," Resource and Energy Economics, Elsevier, vol. 22(1), pages 37-62, January.
    14. Burtraw, Dallas, 1995. "Cost Savings sans Allowance Trades? Evaluating the SO2 Emission Trading Program to Date," RFF Working Paper Series dp-95-30-rev, Resources for the Future.
    15. Charles Raux, 2011. "Downstream Emissions Trading for Transport," Transportation Research, Economics and Policy, in: Werner Rothengatter & Yoshitsugu Hayashi & Wolfgang Schade (ed.), Transport Moving to Climate Intelligence, chapter 0, pages 209-226, Springer.
    16. Bystrom, Olof & Bromley, Daniel W., 1998. "Contracting For Nonpoint-Source Pollution Abatement," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 23(1), pages 1-19, July.
    17. Ruud Kempener, 2009. "Simulating Personal Carbon Trading: An Agent-Based Model," SPRU Working Paper Series 177, SPRU - Science Policy Research Unit, University of Sussex Business School.
    18. Ben-David, Shaul & Brookshire, David S. & Burness, Stuart & McKee, Michael & Schmidt, Christian, 1999. "Heterogeneity, Irreversible Production Choices, and Efficiency in Emission Permit Markets," Journal of Environmental Economics and Management, Elsevier, vol. 38(2), pages 176-194, September.
    19. Stavins, Robert, 2004. "Environmental Economics," RFF Working Paper Series dp-04-54, Resources for the Future.
    20. Aleksandar Zaklan, 2023. "Coase and Cap-and-Trade: Evidence on the Independence Property from the European Carbon Market," American Economic Journal: Economic Policy, American Economic Association, vol. 15(2), pages 526-558, May.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:halshs-00566195. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.