Do changing prices portend a shift in fuel consumption, diminished greenhouse gas emissions, and lower fuel tax revenue?
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2015-01-01
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Abstract:The growing uncertainty about oil prices and availability has made long-range transportation planning ; more challenging. Rather than relying on trend extrapolation, this study uses market mechanisms to ; evaluate key long-range transportation planning assumptions. Although the Washington Department of ; Transportation (WSDOT) is pursuing alternative fuels and energy sources, this study focuses primarily on ; natural gas. In particular, this study will help WSDOT assess the likelihood natural gas will substitute for ; petroleum fuels and estimate the impact changes in fuel prices will have on travel demand, fuel ; consumption, emissions, and tax revenues. ; The results of the modeling show that the impacts of natural gas vehicles (NGV) have the potential to ; affect vehicle miles traveled (VMT), emissions, and fuel tax revenue. The effects of NGVs are muted by ; the limited use of them in the fleet. Challenges with widespread integration include the increased upfront ; capital costs associated with NGVs, decreased power for heavy vehicles, and range anxiety in locations ; without developed natural gas fueling infrastructure. The NGV market in the state of Washington is ; hampered by these factors. The modeling and analysis in this report can be used to analyze changing ; conditions in the market and the effects on key transportation metrics.
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Main Document Checksum:urn:sha256:2525d9c683c61860ea9492aa1d1bf5d1051e8017055257b117c167b9ae03ddbe