Improved economic stimulation mechanism to reduce vehicle CO2 emissions

One of the major problems associated with the negative environmental impact of vehicles is the significant level of CO2 emissions. The increasing concentration in CO2 in the atmosphere as a result of vehicle emissions is accompanied by both an increase in the consumption of petroleum fuels, which have limited resources, and global climate change. The aim of this work is to improve the mechanism of economic stimulation to reduce CO2 emissions from vehicles through changes in the system of taxation of oil products. Analytic investigation by the authors and the systematization of the main methods of reducing vehicle CO2 emissions have revealed the required government direction to improve the economic management of their implementation and the necessity for priority stimulation to produce and consume fuel that is more environmentally acceptable. One effective instrument for such stimulus is an improved method of taxing oil products through the introduction of a new tax which takes into account the level of CO2 emissions from fuel combustion while also taking state measures to limit the growth in prices for gasoline and diesel fuel. The authors have found the dependence of vehicle CO2 emissions on the qualitative characteristics of consumed fuel (gasoline and diesel) and have substantiated a methodological approach to the tax calculation.

Language

  • English

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  • Accession Number: 01494678
  • Record Type: Publication
  • ISBN: 9781845647162
  • Files: TRIS
  • Created Date: Sep 30 2013 10:31AM