FUEL EFFICIENCY STANDARDS AS A TOOL FOR ACHIEVING CLIMATE POLICY GOALS: PERFORMANCE ANALYSIS

Abstract

Achieving the world's ambitious targets for reducing greenhouse gas emissions is impossible without fundamental changes in the transport sector. To date, most countries in the world have set fairly stringent goals to reduce greenhouse gas emissions for passenger cars. The purpose of this work is to assess the effectiveness of the introduction of fuel efficiency standards in terms of achieving long-term climate policy goals. The analysis showed that the tightening of motor fuel standards is not capable of ensuring the achievement of the goals of world climate policy, due to the manifestation of strong rebound effects and an increase in the level of motorization of the population. The transition to vehicles with zero emissions is not yet proceeding at a fast enough pace, in addition, the reduction in greenhouse gas emissions from road transport in this case is offset by an increase in emissions from the electric power industry. Therefore, the medium-term goals of the global climate policy are unattainable without the introduction of restrictive measures on trips by private vehicles.