The transport sector offers limited options to reduce greenhouse gas emissions as compared with other sectors, such as power generation and industrial sectors. To understand the potential reduction of energy consumption and associated emissions through fuel substitution or transportation service...

We analyze welfare implications of policies promoting environmentally friendly vehicles employing rich Swiss micro-data on 23,000 newly purchased cars and their buyers. Our estimates reveal substantial income heterogeneity in price elasticity and electric vehicle (EV) adoption. While CO2 levies...

Climate policy instruments in the transportation sector like fuel economy standards (CAFE) and fuel taxes not only affect households' vehicle choice, but also the urban form in the long run. We introduce household level vehicle choice into the urban economic monocentric city model and run...

We identify and examine a novel welfare channel of fuel economy standards through the in-teraction with public transit and households’ location choices. A stricter emission standard for cars decreases the marginal cost of driving and triggers a shift in modal choice from public to private...

We estimate a model of vehicle choice and miles driven to analyze the impact of fuel conservation policies in the Indian car market. Taxing diesel fuel to equalize diesel and petrol prices would reduce fuel consumption in the new car market by 7 percent and reduce diesel car sales by 26 percent....