Light duty vehicle transportation and global climate policy: The importance of electric drive vehicles

Bosetti, V; Longden, T

Light duty vehicle transportation and global climate policy: The importance of electric drive vehicles

Bosetti, V Longden, T

Permalink

Publication Type:: Journal Article
Citation:: Energy Policy, 2013, 58 pp. 209 - 219
Issue Date:: 2013-07-01

Closed Access

	Filename	Description	Size
	1-s2.0-S0301421513001626-main.pdf	Published Version	686.1 kB	Adobe PDF	View/Open

Copyright Clearance Process

Recently Added
In Progress
Closed Access

This item is closed access and not available.

Full metadata record

Field	Value	Language
dc.contributor.author	Bosetti, V	en_US
dc.contributor.author	Longden, T https://orcid.org/0000-0001-7593-659X	en_US
dc.date.issued	2013-07-01	en_US
dc.identifier.citation	Energy Policy, 2013, 58 pp. 209 - 219	en_US
dc.identifier.issn	0301-4215	en_US
dc.identifier.uri	http://hdl.handle.net/10453/117535
dc.description.abstract	With a focus on the interaction between long-term climate targets and personal transport we review the electrification of light duty vehicles (LDVs) within a model that utilizes a learning-by-researching structure. By modeling the demand of vehicles, the use of fuels and emissions implied, the model solves for the optimum RD&D investments that decrease the cost of hybrid, plug-in hybrid and electric vehicles. A range of technology and climate policy scenarios provide long term projections of vehicle use that highlight the potential synergies between innovation in the transportation sector and the energy sector. We find that even when the capital cost of electric drive vehicles (EDVs) remains higher than that of traditional combustion engine alternatives, EDVs are likely to play a key role in the decarbonisation implied by stringent climate policy. Limited innovation in batteries results in notable increases in policy costs consistent with a two degree climate policy target. © 2013 Elsevier Ltd.	en_US
dc.relation.ispartof	Energy Policy	en_US
dc.relation.isbasedon	10.1016/j.enpol.2013.03.008	en_US
dc.subject.classification	Energy	en_US
dc.title	Light duty vehicle transportation and global climate policy: The importance of electric drive vehicles	en_US
dc.type	Journal Article
utslib.citation.volume	58	en_US
utslib.for	160507 Environment Policy	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Business
pubs.organisational-group	/University of Technology Sydney/Strength - CHERE - Centre for Health Economics Research and Evaluation
utslib.copyright.status	closed_access
pubs.publication-status	Published	en_US
pubs.volume	58	en_US

Abstract:

With a focus on the interaction between long-term climate targets and personal transport we review the electrification of light duty vehicles (LDVs) within a model that utilizes a learning-by-researching structure. By modeling the demand of vehicles, the use of fuels and emissions implied, the model solves for the optimum RD&D investments that decrease the cost of hybrid, plug-in hybrid and electric vehicles. A range of technology and climate policy scenarios provide long term projections of vehicle use that highlight the potential synergies between innovation in the transportation sector and the energy sector. We find that even when the capital cost of electric drive vehicles (EDVs) remains higher than that of traditional combustion engine alternatives, EDVs are likely to play a key role in the decarbonisation implied by stringent climate policy. Limited innovation in batteries results in notable increases in policy costs consistent with a two degree climate policy target. © 2013 Elsevier Ltd.

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10453/117535