Quotation Miess, Michael Gregor, Schmelzer, Stefan, Ščasný, Milan, Kopečná, Vědunka. 2022. Abatement Technologies and their Social Costs in a Hybrid General Equilibrium Framework. Energy Journal. 43 (2)


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Abstract

We present a novel methodology to integrate heterogeneous micro-founded preferences into a dynamic computable general equilibrium model. This integrated model is linked to a bottom-up technology-rich electricity model and a stock-flow vehicle accounting model to quantify the social costs of electric vehicles as an endogenous, demand-driven abatement technology. Emission abatement is achieved through consumer choices that are recognised as a central driver of endogenous technological change. Endogenously determined emissions from vehicle use, electricity generation, and production provide an input to quantify external costs attributable to air quality and carbon emissions. We find that carbon and vehicle registration tax policies induce a significant shift away from conventional vehicles towards electric vehicles in Austria by 2030. The shift to electric vehicles results in small overall economic costs, a substantial decline in fuel demand that exceeds the increase in electricity demand to charge vehicle batteries, and overall positive net environmental benefits.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal Energy Journal
Citation Index SSCI
WU-Journal-Rating new VW-C, WH-B
Language English
Title Abatement Technologies and their Social Costs in a Hybrid General Equilibrium Framework
Volume 43
Number 2
Year 2022
Reviewed? Y
URL http://www.iaee.org/en/publications/ejarticle.aspx?id=3806
DOI https://doi.org/10.5547/01956574.43.2.mmie
Open Access N

Associations

People
Miess, Michael Gregor (Details)
Schmelzer, Stefan (Former researcher)
External
Kopečná, Vědunka (Institute of Economic Studies, Faculty of Social Sciences, Charles University, Czech Republic)
Ščasný, Milan (Charles University, Environment Center and Institute of Economic Studies, Faculty of Social Sciences, Charles University, Czech Republic)
Organization
Institute for Ecological Economics IN (Details)
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