Greenhouse Gas Emissions and Price Elasticities of Transport Fuel Demand in Belgium:
Since 1990, Belgium has managed to bring down greenhouse gas emissions in most domains of economic activity. Road transport, as in many other countries, is a notable exception to this pattern: emissions have steadily increased, driven by an ever higher consumption of petrol and diesel. Even though t...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2012
|
| Schriftenreihe: | OECD Economics Department Working Papers
no.955 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | Since 1990, Belgium has managed to bring down greenhouse gas emissions in most domains of economic activity. Road transport, as in many other countries, is a notable exception to this pattern: emissions have steadily increased, driven by an ever higher consumption of petrol and diesel. Even though the current overall performance will probably be sufficient to reach the reduction objectives of the Kyoto protocol, transport emissions thus need to be targeted in the future. One possible measure aimed at reducing them, an increase in fuel taxes, is examined in detail in this paper. The success of such a policy depends on the price elasticity of fuel demand, and therefore, the latter is estimated for Belgium and other European countries. The elasticities obtained are relatively small: in Belgium, for instance, a 10% increase in prices would cause consumption to fall by around 1.8% in the short-run and 2.3% in the medium run. Tax increases alone will thus certainly be insufficient for cutting emissions at this time horizon. Nevertheless, as a supporting measure in a more general reduction strategy, they could still yield substantial advantages. This Working Paper relates to the 2011 OECD Economic Review of Belgium (www.oecd.org/eco/surveys/Belgium). |
| Beschreibung: | 1 Online-Ressource (42 p.) 21 x 29.7cm. |
| DOI: | 10.1787/5k9b7bnr2z28-en |
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| spelling | Schmitz, Tom VerfasserIn aut Greenhouse Gas Emissions and Price Elasticities of Transport Fuel Demand in Belgium Tom, Schmitz = Émissions de gaz à effet de serre et élasticités-prix de la demande de carburants en Belgique / Tom, Schmitz Émissions de gaz à effet de serre et élasticités-prix de la demande de carburants en Belgique Paris OECD Publishing 2012 1 Online-Ressource (42 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.955 Since 1990, Belgium has managed to bring down greenhouse gas emissions in most domains of economic activity. Road transport, as in many other countries, is a notable exception to this pattern: emissions have steadily increased, driven by an ever higher consumption of petrol and diesel. Even though the current overall performance will probably be sufficient to reach the reduction objectives of the Kyoto protocol, transport emissions thus need to be targeted in the future. One possible measure aimed at reducing them, an increase in fuel taxes, is examined in detail in this paper. The success of such a policy depends on the price elasticity of fuel demand, and therefore, the latter is estimated for Belgium and other European countries. The elasticities obtained are relatively small: in Belgium, for instance, a 10% increase in prices would cause consumption to fall by around 1.8% in the short-run and 2.3% in the medium run. Tax increases alone will thus certainly be insufficient for cutting emissions at this time horizon. Nevertheless, as a supporting measure in a more general reduction strategy, they could still yield substantial advantages. This Working Paper relates to the 2011 OECD Economic Review of Belgium (www.oecd.org/eco/surveys/Belgium). Environment Economics Belgium FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/5k9b7bnr2z28-en Volltext |
| spellingShingle | Schmitz, Tom Greenhouse Gas Emissions and Price Elasticities of Transport Fuel Demand in Belgium Environment Economics Belgium |
| title | Greenhouse Gas Emissions and Price Elasticities of Transport Fuel Demand in Belgium |
| title_alt | Émissions de gaz à effet de serre et élasticités-prix de la demande de carburants en Belgique |
| title_auth | Greenhouse Gas Emissions and Price Elasticities of Transport Fuel Demand in Belgium |
| title_exact_search | Greenhouse Gas Emissions and Price Elasticities of Transport Fuel Demand in Belgium |
| title_full | Greenhouse Gas Emissions and Price Elasticities of Transport Fuel Demand in Belgium Tom, Schmitz = Émissions de gaz à effet de serre et élasticités-prix de la demande de carburants en Belgique / Tom, Schmitz |
| title_fullStr | Greenhouse Gas Emissions and Price Elasticities of Transport Fuel Demand in Belgium Tom, Schmitz = Émissions de gaz à effet de serre et élasticités-prix de la demande de carburants en Belgique / Tom, Schmitz |
| title_full_unstemmed | Greenhouse Gas Emissions and Price Elasticities of Transport Fuel Demand in Belgium Tom, Schmitz = Émissions de gaz à effet de serre et élasticités-prix de la demande de carburants en Belgique / Tom, Schmitz |
| title_short | Greenhouse Gas Emissions and Price Elasticities of Transport Fuel Demand in Belgium |
| title_sort | greenhouse gas emissions and price elasticities of transport fuel demand in belgium |
| topic | Environment Economics Belgium |
| topic_facet | Environment Economics Belgium |
| url | https://doi.org/10.1787/5k9b7bnr2z28-en |
| work_keys_str_mv | AT schmitztom greenhousegasemissionsandpriceelasticitiesoftransportfueldemandinbelgium AT schmitztom emissionsdegazaeffetdeserreetelasticitesprixdelademandedecarburantsenbelgique |