This innovative book examines the role an automobile emissions tax
could play in reducing emissions in the United States. The author
concludes that an emissions tax has the potential to reduce
emissions from households vehicles significantly, even when travel
demand is relatively price inelastic. Beginning with a theoretical
discussion of a first-best tax, a second-best tax on passenger
vehicles is developed. This study contains detailed analyses of: *
the design of the tax * behavioural responses that lead to
emissions reductions, including reductions in the household's
vehicle miles of travel and the scrapping of low-value, high
emitting vehicles * the effect of the tax on the reduction of
emissions * the effect of the tax on households in different income
quintiles * the emissions reducing potential of a gasoline tax
compared to an emissions tax This study uses a simulation model to
analyse the sensitivity of travel demand and the resulting
emissions, to different tax rates and demand elasticities. The
author concludes that an emissions tax has the potential to reduce
emissions from household vehicles significantly, even when travel
demand is relatively price inelastic. Taxing Automobile Emissions
for Pollution Control will prove invaluable to policymakers and
academics in the field of environmental management and
environmental economics and policy.
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