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Study finds CO2 emissions trading more effective path to automotive CO2 reduction in Europe than tailpipe standards

Green Car Congress

The researchers used a multi-sector computable general equilibrium (CGE) model, which includes a private transportation sector with an empirically-based parameterization of the relationship between income growth and demand for vehicle miles traveled.

Standards 218
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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

While a mandate can potentially increase social welfare substantially, a consumption subsidy likely decreases welfare significantly, primarily because of the taxpayer burden but also because it encourages negative externalities related to vehicle miles traveled, local air pollution and CO 2 emissions.

Tax 210