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DOI | 10.1016/j.enpol.2017.05.060 |
Market-driven automotive industry compliance with fuel economy and greenhouse gas standards: Analysis based on consumer choice | |
Xie, Fei1; Lin, Zhenhong1,2 | |
2017-09-01 | |
发表期刊 | ENERGY POLICY |
ISSN | 0301-4215 |
EISSN | 1873-6777 |
出版年 | 2017 |
卷号 | 108 |
文章类型 | Article |
语种 | 英语 |
国家 | USA |
英文摘要 | This study explored factors that affect market-driven compliance with both Corporate Average Fuel Economy (CAFE) and greenhouse gas (GHG) standards (together called the National Program) in the United States for phase I 2012-2016 and phase II 2017-2025. We considered a consumer-choice-based simulation approach, using the MA3T model, to estimate the market acceptance of fuel efficiency (FE) technologies and alternative fuel technologies as reflected by new sales of light-duty vehicle (LDV). Because both full and extremely low FE valuations are common in the literature, we use a moderate assumption of a 10-year perceived vehicle lifetime at a 7% annual discount rate in the baseline and include both extreme views (5 years and 15 years) in the sensitivity analysis. The study focuses on market-driven compliance and therefore excludes manufacturers' cross-subsidization. The model results suggest that the LDV industry is able to comply with both standards even without cross-subsidization and with projected high technology cost, mainly thanks to the multiple credit programs and technology advancements. The compliance robustness, while encouraging, however is based on moderate market assumptions, such as Annual Energy Outlook 2016 Reference oil price projection and moderate FE consumer valuation. Sensitivity analysis results reveal two significant risk factors for compliance: low oil prices and consumers' FE undervaluation. |
英文关键词 | Fuel economy standards Greenhouse gas standards Light-duty vehicles Consumer choice Electric vehicles |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000406725800030 |
WOS类目 | Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/18765 |
专题 | 气候变化 |
作者单位 | 1.Oak Ridge Natl Lab, Natl Transportat Res Ctr, 2360 Cherahala Blvd, Knoxville, TN 37932 USA; 2.Univ Tennessee, Dept Ind & Syst Engn, 851 Neyland Dr, Knoxville, TN 37996 USA |
推荐引用方式 GB/T 7714 | Xie, Fei,Lin, Zhenhong. Market-driven automotive industry compliance with fuel economy and greenhouse gas standards: Analysis based on consumer choice[J]. ENERGY POLICY,2017,108. |
APA | Xie, Fei,&Lin, Zhenhong.(2017).Market-driven automotive industry compliance with fuel economy and greenhouse gas standards: Analysis based on consumer choice.ENERGY POLICY,108. |
MLA | Xie, Fei,et al."Market-driven automotive industry compliance with fuel economy and greenhouse gas standards: Analysis based on consumer choice".ENERGY POLICY 108(2017). |
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