The full text of this article
An ethical assessment of low carbon vehicles using cost benefit analysis
by Nikolas Thomopoulos; Gillian Harrison
International Journal of Automotive Technology and Management (IJATM), Vol. 16, No. 3, 2016
Abstract: Global concerns about climate change, as confirmed at COP21, have led to lower carbon emissions environmental policies, particularly in the road transport sector. Through an empirical analysis of low carbon vehicle (LCV) policies in California, this paper contrasts the findings from diverse distribution theories between income quintiles - used as a proxy for societal groups - to address vertical equity concerns and offer an overview of impact distribution to policy makers. Thus, it contributes in operationalising ethical theories within transport cost benefit analysis and revisiting impact distribution when promoting low carbon vehicles. Findings indicate that manufacturer penalties are the most effective policy measure to avoid cost transfer between stakeholders. Yet, the analysis shows that those purchasing small LCVs may face disproportional vehicle purchase cost increases which needs to be considered by policy makers. Thus, this paper makes a methodological contribution regarding CBA in practice as well as providing policy relevant recommendations.
Online publication date: Fri, 02-Dec-2016
is only available to individual subscribers or to users at subscribing institutions.
Go to Inderscience Online Journals to access the Full Text of this article.
Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.
Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Automotive Technology and Management (IJATM):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable).
See our Orders page to subscribe.
If you still need assistance, please email email@example.com