Smart transportation and the economic effects of the Quebec-California caps and trade market

There is an increasing trend in the demand for electric vehicles (EV) but consumer choice is very limited compared to the gamut of conventional cars. The demand for the latter is still growing despite their negative impact on the environment and government policies to incentivise the reduction of their use. This paper examines the consumption patterns of the Canadian commuters who travel by car. It estimates the demand for car transportation services for the province of Quebec and makes simulations to predict the evolution of this demand till the year 2040. The estimations of the 'baseline scenario' are made using some key variables such as car price, annual kilometres driven, and the price of substitutes such as public transit. In the first simulation, there is no government intervention to modify the consumption patterns of drivers. A second model is used to investigate the impact of the pollution permits on the demand for vehicles. The new Quebec-California caps and trade (C&T) market is analysed and its impact on the demand for cars and the environment is empirically estimated.

• Record URL:
  https://doi.org/10.1504/IJATM.2016.076445
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/14709511
• Supplemental Notes:
  • Copyright © 2016 Inderscience Enterprises Ltd.
• Authors:
  • Gentzoglanis, Anastassios
  • Dumont-Lefrançois, Philippe
• Publication Date: 2016

Language

• English

Media Info

• Media Type: Web
• Features: References;
• Pagination: pp 70-89
• Serial:
  • International Journal of Automotive Technology and Management
  • Volume: 16
  • Issue Number: 1
  • Publisher: Inderscience Enterprises Limited
  • ISSN: 1470-9511
  • Serial URL: http://www.inderscience.com/jhome.php?jcode=IJATM

Subject/Index Terms

• TRT Terms: Consumer preferences; Demand; Drivers; Economic impacts; Emissions trading; Environmental impacts; Greenhouse gases; Intelligent transportation systems
• Uncontrolled Terms: Cap and trade program
• Geographic Terms: California; Quebec (Canada)
• Subject Areas: Economics; Environment; Highways; Policy; Vehicles and Equipment;

Filing Info

• Accession Number: 01603442
• Record Type: Publication
• Files: TRIS
• Created Date: Jun 28 2016 4:37PM