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Automobile Externalities and Policies

Year: 2007

Type: article

Abstract: This paper discusses the nature, and magnitude, of externalities associated with automobile use, including local and global pollution, oil dependence, traffic congestion and traffic accidents. It then discusses current federal policies affecting these externalities, including fuel taxes, fuel economy and emissions standards, and alternative fuel policies, summarizing, insofar as possible, the welfare effects of those policies. Finally, we discuss emerging pricing policies, including congestion tolls, and insurance reform, and summarize the appropriate combination of policies to address automobile externalities.

Source: Journal of Economic Literature

DOI: 10.1257/jel.45.2.373

Authors: Ian W. H Parry, Margaret Walls, Winston Harrington

Institution: Resources For The Future

Language: English

Topic: Energy, Environment, and Transportation Policies

Subfield: Renewable Energy, Sustainability and the Environment

Field: Energy

Domain: Physical Sciences

Open Access status: green

OpenAlex ID: W3123495000

FWCI: 18.89

Cites: 214

Cited by: 681

Related to: 10