This paper provides evidence on and discussion of recent developments in global transport markets and analyzes what policies look most promising for stabilizing CO2-emissions from light-duty vehicles. In the aftermath of the economic crisis, recovery is uncertain and unevenly spread across the...

The paper draws from already published material. In fact, a reader already familiar with the congestion charging literature will find few completely new findings or insights. The contribution of the paper is rather the selection of the most relevant, interesting, important and sometimes...

If the transport sector is to make deep cuts to its carbon emissions, it is necessary to reduce the carbon-intensity of travel. Reducing travel itself, at some times and places, is sometimes justified but it is extremely unlikely that under expected global economic development patterns overall...

In January 2006, a system for congestion charging was introduced in the city of Stockholm, Sweden. The charging scheme was run in the form of a full scale trial for seven months, after which it was deactivated, awaiting its evaluation and an advisory public referendum. Several parties, including...

The Round Table addressed the broad question of what research and experience tell us about how to arrive at a successful introduction of congestion charging schemes. Attention was limited mostly to urbanized areas where road traffic congestion is or may become an issue. Success means (a) that a...

Standard textbook analyses of road pricing tend to assume that users are homogenous, that there is no travel time risk, and to have a view of congestion as static. The simple analysis also ignores that real pricing schemes are only rough approximations to ideal systems and that the general...

This paper discusses three connected aspects of regulation: (1) what makes a regulatory authority effective; (2) what is the legitimate role of a regulatory authority in the making and implementation of policy, and how that role may be regarded by others, and (3) the issue of independence of...

This paper will focus on taxation issues addressing CO2 emissions in the European Union. When observing the different systems in place, a very broad diversity appears even with a cursory first glance. Actually, the diversity of taxation schemes among the Member States is such that it jeopardizes...

This report examines market power in rail markets in Europe arising from horizontal and vertical mergers in the sector, and is intended to provide a high-level basis for discussion at the round table itself. It presents factual information on horizontal and vertical merger cases involving rail...

The case for including agglomeration benefits within transport appraisal rests on an assumed causality between access to economic mass and productivity. Such causality is difficult to establish empirically because estimates may be subject to sources of bias from endogeneity and confounding. They...