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Study concludes significant additional transport policy interventions will be required for Europe to meet its GHG reduction goal

Green Car Congress

They assessed purchaser technology choice for new vehicles on a cost-effectiveness basis using net present value (NPV) as a decision criterion, with parameters chosen to take account of factors such as consumer myopia with regard to fuel cost savings. Carbon accounting practices have a strong impact on total emissions.

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Study Finds Government Mandates Superior to All Other Biofuels Policies, But Mixing With Subsidies Causes Adverse Effects; The Argument for a Direct CO2 Tax

Green Car Congress

Other findings from the study include: Ethanol policy can have a substantial impact on corn prices. The gap between the intercept of the ethanol supply curve and the oil price creates large deadweight costs that may overwhelm any external benefits. However, production costs of US corn-ethanol are very high. de Gorter and Just.

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