How Vehicle Standards and Fuel Fees Can Cut CO2 and Boost the Economy
By adopting well-designed vehicle performance standards and fuel fees, the U.S., China, and the E.U. could reduce their combined annual CO2 emissions by more than 1 Gt in 2030. Their cumulative reductions from 2010 through 2030 would total almost 10 Gt--and at a cumulative net savings of $800 billion to $1.5 trillion over the same period.
These policies improve public health, enhance energy security, boost investment in innovation, create jobs, save consumers money--and help prevent dangerous climate change.
“How Vehicle Standards and Fuel Fees Can Cut CO2 Emissions and Boost the Economy” explains which vehicle and fuel policies are most effective. Coauthored by experts at the International Council on Clean Transportation, it is the second installment of the “Policies That Work” series.