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The high price of low emissions

13 Feb 2012

Policymakers often hear calls to reduce private vehicle use and increase use of public transit and other types of mass transportation. But Canadians overwhelmingly depend on the convenience and savings associated with private automobiles. This fact has important implications for understanding the limits to pursuing economically efficient vehicle-related GHG emission reductions, and the potential social costs of trying to engineer a large change in Canadian transportation modes.
politics economics economy greenhouse gas ghgs taxation public transport automobiles commuting economists fuel consumption gasoline government policy greenhouse gas mitigation prices railway transport demand emissions trading transport tax economic sector carbon tax ghg emissions public transit marginal cost economy, business and finance demand curve price elasticity of demand transportation and state inelastic

Authors

McKitrick, Ross

Pages
32
Published in
Canada

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