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This Is the Time for a Long-Term Solution to Highway Funding

In this series of blog posts, RFF researchers take a look at the current state of the Nation’s transportation infrastructure and evaluate various policies for financing the Highway Trust Fund. Facing a May 31st deadline to extend surface transportation funding, Congress is opting for a two month extension, the 33rd short-term measures to shore up […]

A Look at New Markets for Credit Trading under US Standards for Automobile Emissions and Fuel Economy

In the United States, the Corporate Average Fuel Economy (CAFE) standards that require automakers to produce fuel-efficient vehicles have been in place since the late 1970s. But major changes have come about in recent years to both the rules themselves and how they are to be implemented. Perhaps the most significant change is that automakers […]

Projected Reductions in Drilling Activity Do Not Undermine the Argument for Lifting the Crude Oil Export Ban

In early 2014, the case for lifting the crude oil export ban, which has been in place since the 1970s, started to gain traction—and with good reason. Doing away with the ban would result in lower US gasoline prices and greater US tight oil production. But the momentum stalled out as the price of crude […]

Congestion Pricing in Beijing: Who Bears the Burden?

Congestion pricing and driving restrictions offer two different ways for policymakers to address traffic congestion: the former levies fees individuals who drive into or within a designated “charging zone,” while the latter enforces “road-space rationing” (usually based on a car’s permit color or license plate number). Transportation experts strongly recommend the use of congestion pricing […]

Reconsidering the Rebound Effect

The rebound effect from improving energy efficiency has been widely discussed—from the pages of the New York Times and New Yorker to the halls of policy and to a voluminous academic literature. It’s been known for over a century and, on the surface, is simple to understand. Buy a more fuel-efficient car, drive more. Invent […]

Fuel Conservation Policies in the Indian Car Market: Examining the Welfare Effects

India’s car market has expanded rapidly since the country’s economic reforms in the early 1990s, a trend that is expected to continue well into the future; its passenger fleet alone is projected to swell from 22 million to 112 million vehicles between 2010 and 2030. In the wake of this growth, India is considering the […]

Research Questions for the Midterm CAFE Review: Credit Trading and Flexibility under the New Rules

This is the fourth and final blog post in a series by RFF’s transportation team that addresses some of the key research questions for the midterm CAFE review. The first three blog posts in this series introduced the midterm review of the corporate average fuel economy (CAFE) standards and discussed important areas of research related to […]

Research Questions for the Midterm CAFE Review: Will the Footprint-Based CAFE Standard Work as Expected?

This is the third in a series of blog posts by RFF’s transportation team that addresses some of the key research questions for the midterm CAFE review. The first two blog posts in this series introduced the midterm review of the corporate average fuel economy (CAFE) standards and discussed unresolved issues for this review about […]

Research Questions for the Midterm CAFE Review: The Fuel Efficiency Gap

This is the second in a series of blog posts by RFF’s transportation team that will address some of the key research questions for the midterm CAFE review. As the first post in this series described, US standards for passenger vehicle fuel economy and greenhouse gas emissions are slated to tighten steeply. By 2025, the […]

Gauging the Distributional Consequences of Public Policies

Although we know that public policies have different effects across a population, examination of the distributional effects has been largely neglected. Instead, the principal criteria now used in public policy assessments are measurements of net benefits, which estimate the sum of a policy’s benefits minus its costs, and benefit–cost ratios. But using these criteria can […]