Vehicle Fuel Economy Standards and Feebate System - aceee
[Pages:21]Vehicle Fuel Economy Standards and Feebate System
ACEEE International Symposium on Energy Efficiency
Washington DC, June 26, 2018
Zifei Yang Researcher
What is ICCT?
? ICCT is an independent non-profit research organization that provides technical support on transport efficiency and emission policies in major auto markets
2
1
Motivation of reducing vehicle fuel consumption
3
Vehicles make up more than 20% of
greenhouse gaTHsE eTRmANiSsPsORioT SnEsCTO...R A major contributor to global anthropogenic CO2 emissions
GLOBAL ANTHROPOGENIC EMISSIONS 38 GtCO2
TRANSPORT EMISSIONS 8.8 GtCO2
ROAD TRANSPORT EMISSIONS 6.5 GtCO2
4.6% 10.6%
Other 77%
Transport 23%
73.9% 10.9%
46.5% 53.5%
LEGEND
RAIL
AVIATION
ROAD
MARINE
HEAVY-DUTY VEHICLES
LIGHT-DUTY VEHICLES
Notes:
Global anthropogenic CO2 emissions in 2010 based on IPCC (2014).
Transport Sources:
CO2
emissions
in
2010
estimated
by
ICCT
(2014)
include
the
full
fuel
lifecycle,
including
direct
emissions
from
combustion
&
upstream
emissions
from
extraction,
refining,
&
distribution
of
fuels.
ICCT (2014). Global Transportation Roadmap Model. Available from
IPCC (2014). Summary for Policymakers. Climate Change 2014, Mitigation of Climate Change. Contribution of Working Group III to the Fifth Assessment Report of the Intergovernmental Panel on Climate
4 Change [Edenhofer, O., R. Pichs-Madruga, Y. Sokona, E. Farahani, S. Kadner, K. Seyboth, A. Adler, I. Baum, S. Brunner, P. Eickemeier, B. Kriemann, J. Savolainen, S. Schl?mer, C. von Stechow, T. Zwickel and
J.C. Minx (eds.)]. Cambridge University Press, Cambridge, United Kingdom and New York, NY, USA.
Integrated vehicle efficiency policy portfolio
Performance standards, economic signals, and technological innovation complement each other.
Market-based approach Information measure
VEHICLE PERFORMANCE
S TA N D A R D S
VEHICLE AND FUEL FEES AND
INCENTIVES
encourage AUTOMOAKERS to build efficient
products
encourage CONSUMERS
to demand efficient products
and drive less
Smart way Labeling
Reduce cost
TECHNOLOGY INNOVATION AND
DEPLOYMENT 5
2 Fuel efficiency standards
6
U.S. fuel economy/GHG standards
New passenger car average GHG (g/km)
Fuel economy (l/100km)
350
15
Historical performance
300
12
National FE
250
standards
200
9
150
6
California FE
100
standards
Future target 3
50
(2017-2025)
0
0
1975 1980 1985 1990 1995 2000 2005 2010 2015 2020 2025
7
Technology innovation continues to lower projected costs of compliance with 2025 standards
? Costs of compliance with 2025 standards (vs. 2015) have decreased dramatically ? 2012 rulemaking: $1800 ? EPA assessment (PD-2016): $1300 ? ICCT assessment (2017): $886
? Consumer payback period is shortened ? EPA: 5 years due to lower oil price forecasts ? ICCT assessment: 3 years
8
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