Interaction of consumer preferences and climate policies in the global transition to low-carbon vehicles

McCollum D, Wilson C ORCID: https://orcid.org/0000-0001-8164-3566, Bevione M, Carrara S, Edelenbosch O, Emmerling J, Guivarch C, Karkatsoulis P, et al. (2018). Interaction of consumer preferences and climate policies in the global transition to low-carbon vehicles. Nature Energy 3 (8): 664-673. DOI:10.1038/s41560-018-0195-z.

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Project: Advanced Model Development and Validation for Improved Analysis of Costs and Impacts of Mitigation Policies (ADVANCE, FP7 308329)

Abstract

Burgeoning demands for mobility and private vehicle ownership undermine global efforts to reduce energy-related greenhouse gas emissions. Advanced vehicles powered by low-carbon sources of electricity or hydrogen offer an alternative to conventional fossil-fuelled technologies. Yet, despite ambitious pledges and investments by governments and automakers, it is by no means clear that these vehicles will ultimately reach mass-market consumers. Here, we develop state-of-the-art representations of consumer preferences in multiple global energy-economy models, specifically focusing on the non-financial preferences of individuals. We employ these enhanced model formulations to analyse the potential for a low-carbon vehicle revolution up to 2050. Our analysis shows that a diverse set of measures targeting vehicle buyers is necessary to drive widespread adoption of clean technologies. Carbon pricing alone is insufficient to bring low-carbon vehicles to the mass market, though it may have a supporting role in ensuring a decarbonized energy supply.

Item Type: Article
Uncontrolled Keywords: Climate-change mitigation; Energy and behaviour; Energy economics; Energy policy; Energy supply and demand
Research Programs: Energy (ENE)
Transitions to New Technologies (TNT)
Depositing User: Luke Kirwan
Date Deposited: 16 Jul 2018 15:04
Last Modified: 14 May 2019 09:42
URI: http://pure.iiasa.ac.at/15365

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