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MIT study finds fuel economy standards are 6-14 times less cost effective than fuel tax for reducing gasoline use

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In a study published in the journal Energy Economics , MIT researchers have found that a fuel economy standard is at least six to fourteen times less cost effective than a fuel tax when targeting an identical reduction in cumulative gasoline use (20% by 2050). —Karplus et al.

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

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Switching from the automotive standards to the trading scheme could save as much as €63 billion, says the study’s lead author Sergey Paltsev, deputy director at MIT’s Joint Program on the Science and Policy of Global Change and senior research scientist at the MIT Energy Initiative.

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MIT Energy Initiative report on transforming the US transportation system by 2050 to address climate challenges

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However, the flexibility and lower costs of PHEVs appear to trump this simplicity, certainly in the nearer term. The MIT Energy Initiative is MIT’s hub for energy research, education, and outreach. MITEI’s study on “Mobility of the Future” will explore these and other questions.

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