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., Keppo, I., Krey, V. ORCID: https://orcid.org/0000-0003-0307-3515, Lin, Z., Ó'Broin, E., Paroussos, L., Pettifor, H., Ramea, K., Riahi, K. ORCID: https://orcid.org/0000-0001-7193-3498, Sano, F., Rodriguez, B.S., & van Vuuren, D.P. (2018). Interaction of consumer preferences and climate policies in the global transition to low-carbon vehicles. Nature Energy 3 (8) 664-673. 10.1038/s41560-018-0195-z.

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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:	27 Aug 2021 17:30
URI:	https://pure.iiasa.ac.at/15365

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