Highlights Compares policy pathways to meet the goal of 100% ZEV sales by 2035. Sales goal can be met by mandate, emissions standard, or feebate. ZEV mandate is the most cost-effective way to meet the sales goal. A combination of the mandate and standard can also be efficient. The feebate is costlier than the mandate or standard.
Abstract To comply with deep decarbonization targets, many governments are committing to the goal of reaching 100% zero-emissions vehicle (ZEV) sales for their light-duty vehicle sector by 2035. This study compares policy pathways to meet this goal in the case of Canada: a ZEV sales mandate, a vehicle emissions standard (VES), a feebate system, and several combinations. We use the AUtomaker-consumer Model (AUM) to simulate the interaction of realistic consumer and automaker behaviour over the time horizon, with outputs including ZEV sales, GHG emissions, and policy costs (calculated as lost consumer surplus and automaker profits). All three policy types can potentially achieve the ZEV sales goal, though the ZEV mandate provides greater certainty. Further, the ZEV mandate is the most cost-effective way to meet the 2035 ZEV sales goal ($/tonne abated), followed by combinations of a ZEV-mandate with a VES. The feebate is costlier than the other policy types.
Comparing policy pathways to achieve 100% zero-emissions vehicle sales by 2035
2022-10-03
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
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