Carbon pricing is widely recognized as the most economically efficient policy to reduce
greenhouse gas emissions. However, its high-cost visibility creates political challenges for …

This paper empirically examines the effect of the US Corporate Average Fuel Economy
(CAFE) standards on the technological progress in automobile fuel efficiency. Using detailed …

Performance standards have a long history in environmental policy. A performance standard
sets a standard of technology performance but leaves technology choice to producers; it …

California's long-running Zero Emissions Vehicle (ZEV) program represents a unique policy
approach for reducing greenhouse gas emissions from the transportation sector. It mandates …

Prices of tradable credits in environmental regulations reveal information about abatement
costs. This information guides regulatory assessments and future changes to the …

Transportation accounts for nearly 30% of the United States' annual greenhouse gas
emissions and is currently the fastest growing source of emissions by economic sector …