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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. —Paltsev et al.

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

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Transport GHG emissions in the “No New Policies” case (NNP) and the “Lowest” case (L). As deeper cuts are likely to be made in other sectors, this requires a cut of at least 60% in transportation GHG emissions, most notably CO 2 , by midcentury. Favorable” scenario assumes slow transportation demand and emissions growth.

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

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We should continue to adopt policies to reduce transportation energy demand and emissions, while using our evolving information base to assess and reassess which options have the greatest leverage. Today, it is possible to identify a number of potential alternative fuels, including electricity, hydrogen, biofuels, and natural gas.

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