The Cost-Effectiveness of Alternative Policies for Reducing GHG emissions in the Freight Sector [Brief]
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2018-12-01
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Edition:Research Brief
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Abstract:We develop a novel simulation that integrates aspects of route-level and multi-market models to evaluate the cost-effectiveness of alternative public policies that stimulate a faster adoption of cleaner technologies to reduce GHG emissions in the freight sector. The route-level model adds important spatial features that influence fuel consumption and fleet composition, such as nodes of pickup and delivery; while the multi-market model allows for adjustments in final prices, which in turn affect the sizes of fleet sectors and output markets. Most of the effort was in conceptualizing this integration and highlight its benefits. Preliminary simulations are conducted to illustrate the emissions that result from Phase 1 EPA regulations and ZEVs.
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