In series:ITF Research Reportsview more titles
Published on November 24, 2015
Transport accounts for nearly a quarter of carbon dioxide emissions from fuel combustion.
The price attached to these emissions is critical to climate policies and emissions
mitigation efforts in the sector. As the impact of emissions on climate does not depend
on where CO2 is released, the price of carbon should be uniform. In reality, however,
it varies immensely, reflecting the complexity of assessing climate impacts.
This report reviews the three key challenges in considering the effects of carbon dioxide emissions in economic appraisal: the valuation of carbon dioxide emissions, the treatment of uncertainty in climate change and the approach used to discounting future costs and benefits. The report reviews current approaches in selected countries (France, Germany, Japan, The Netherlands, New Zealand, Norway, Sweden, the United Kingdom and the United States) and provides examples of good practice and recommendations for national and international policy making.
|Summary and recommendations|
|Challenges for including climate change effects in transport appraisal|
|Estimating the social cost of CO2 emissions|
|Uncertainty and transport appraisal of climate change effects|
|Discounting long-term effects of climate change for transport|
|List of participants|
Annexes3 chapters available