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Automobile Fuel Economy Standards: Impacts, Efficiency, and Alternatives

Soren Anderson, Ian Parry, James Sallee and Carolyn Fischer

RFF Working Paper Series from Resources for the Future

Abstract: This paper discusses fuel economy regulations in the United States and other countries. We first describe how these programs affect fuel use and other dimensions of the vehicle fleet. We then review different methodologies for assessing the costs of fuel economy regulations and discuss the policy implications of the results. We also compare the welfare effects of fuel economy standards with those of fuel taxes and assess whether these two policies complement each other. Finally, we review arguments in favor of a “feebate” system, which imposes fees on inefficient vehicles and provides rebates for efficient vehicles.

Keywords: fuel economy regulations; costs; welfare effects; climate change; feebates (search for similar items in EconPapers)
JEL-codes: H21 Q48 Q58 R48 (search for similar items in EconPapers)
Date: 2010-10-13
New Economics Papers: this item is included in nep-ene, nep-env and nep-reg
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Related works:
Journal Article: Automobile Fuel Economy Standards: Impacts, Efficiency, and Alternatives (2011) Downloads
Working Paper: Automobile Fuel Economy Standards: Impacts, Efficiency, and Alternatives (2010) Downloads
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