Publication detail
The elasticity and efficiency of carbon reduction strategies in transportation
Bencekri, Madiha Ku, Donggyun Lee, Doyun Van Fan, Yee Klemes, Jiri Jaromir Varbanov, Petar Sabev Lee, Seungjae
English title
The elasticity and efficiency of carbon reduction strategies in transportation
Type
journal article in Web of Science
Language
en
Original abstract
Transportation significantly contributes to carbon emissions, prompting the need for effective mitigation policies. This study addresses the knowledge gaps in assessing the effectiveness of transport carbon policies and offers the lack of a holistic comparative overview. The study used a model composed of a mixed-effects meta-regression and carbon elasticity to investigate policies, like shared bikes, mobility hubs, low emission zones, congestion pricing, electric vehicles, and hydrogen vehicles. This model included seven control variables: year, GDP, implementation costs, geographic scale, environmental benefits, and transport share of energy consumption and carbon emissions. Mobility hubs and electric vehicles ranked are top effective policies with carbon elasticities of 3.73 and 3.72, effect sizes of 127.47 and 86.73, and confidence intervals of [65.55, 107.93] and [106.17, 148.78], respectively. Followed by the low emission zone of 16.3 carbon elasticity, proving its cost-effectiveness, effect size of 10.16, and a confidence interval of [-2.48, 22.80]. Congestion pricing, despite having the highest effect size of 873.39, its confidence interval [-354.01, 2100.80] is wide, indicating the uncertainty of this effect. Shared bikes and hydrogen vehicles ranked lowest, suggesting a need for deeper life cycle-based analysis. Although this model displayed high accuracy, the findings' interpretation should consider the inherent data limitations.
English abstract
Transportation significantly contributes to carbon emissions, prompting the need for effective mitigation policies. This study addresses the knowledge gaps in assessing the effectiveness of transport carbon policies and offers the lack of a holistic comparative overview. The study used a model composed of a mixed-effects meta-regression and carbon elasticity to investigate policies, like shared bikes, mobility hubs, low emission zones, congestion pricing, electric vehicles, and hydrogen vehicles. This model included seven control variables: year, GDP, implementation costs, geographic scale, environmental benefits, and transport share of energy consumption and carbon emissions. Mobility hubs and electric vehicles ranked are top effective policies with carbon elasticities of 3.73 and 3.72, effect sizes of 127.47 and 86.73, and confidence intervals of [65.55, 107.93] and [106.17, 148.78], respectively. Followed by the low emission zone of 16.3 carbon elasticity, proving its cost-effectiveness, effect size of 10.16, and a confidence interval of [-2.48, 22.80]. Congestion pricing, despite having the highest effect size of 873.39, its confidence interval [-354.01, 2100.80] is wide, indicating the uncertainty of this effect. Shared bikes and hydrogen vehicles ranked lowest, suggesting a need for deeper life cycle-based analysis. Although this model displayed high accuracy, the findings' interpretation should consider the inherent data limitations.
Keywords in English
Carbon elasticity; carbon policy; meta-analysis; policy efficiency; transport policy
Released
02.10.2023
Publisher
TAYLOR & FRANCIS INC530 WALNUT STREET, STE 850, PHILADELPHIA, PA 19106
Location
TAYLOR & FRANCIS INC530 WALNUT STREET, STE 850, PHILADELPHIA, PA 19106
ISSN
1556-7036
Volume
4
Number
45
Pages from–to
12791–12807
Pages count
17
BIBTEX
@article{BUT187676,
author="Yee Van {Fan} and Jiří {Klemeš} and Petar Sabev {Varbanov},
title="The elasticity and efficiency of carbon reduction strategies in transportation",
year="2023",
volume="4",
number="45",
month="October",
pages="12791--12807",
publisher="TAYLOR & FRANCIS INC530 WALNUT STREET, STE 850, PHILADELPHIA, PA 19106",
address="TAYLOR & FRANCIS INC530 WALNUT STREET, STE 850, PHILADELPHIA, PA 19106",
issn="1556-7036"
}