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dc.contributor.authorFridstrøm, Lasse
dc.coverage.spatialNorwayen_US
dc.date.accessioned2021-07-12T16:08:31Z
dc.date.available2021-07-12T16:08:31Z
dc.date.created2021-04-14T11:46:33Z
dc.date.issued2021-01-28
dc.identifier.citationSustainability. 2021, 13, 1-14.en_US
dc.identifier.issn2071-1050
dc.identifier.urihttps://hdl.handle.net/11250/2764211
dc.description.abstractThe rapid market uptake of battery and hybrid electric cars in Norway is unparalleled. We examine the fiscal policy instruments behind this development. In essence, the Norwegian policy consists in taxing internal combustion engine vehicles rather than subsidizing electric ones. There are 14 different fiscal incentives in place bearing on vehicles, fuel, or road use. All of them are in some way CO2-differentiated. In the tradition of positive economics, we derive the price of carbon implicit in each policy instrument and in the total package of taxes and subsidies. The price of carbon characterizing the trade-off between conventional and battery electric cars in Norway as of 2019 exceeds 1370 euro per ton of CO2. For light and heavy-duty commercial vehicles the corresponding prices have been conservatively estimated at 640 euro and 200 euro per ton of CO2, respectively. In addition, the penalty incurred by automakers for not meeting their 2020/2021 target under EU Regulation 2019/631 corresponds to a carbon price of the order of 340 euro per ton of CO2. As compared to the price of emission allowances in the European cap-and-trade system, the price of carbon paid by automakers and Norwegian motorists is one or two orders of magnitude higher.en_US
dc.language.isoengen_US
dc.publisherMDPIen_US
dc.rightsNavngivelse 4.0 Internasjonal*
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/deed.no*
dc.titleThe Norwegian Vehicle Electrification Policy and Its Implicit Price of Carbonen_US
dc.typePeer revieweden_US
dc.typeJournal articleen_US
dc.rights.holder© 2021 by the author. Licensee MDPI, Basel, Switzerland.en_US
dc.source.articlenumber1346en_US
dc.description.versionpublishedVersionen_US
cristin.ispublishedtrue
cristin.fulltextoriginal
cristin.qualitycode1
dc.identifier.doi10.3390/su13031346
dc.identifier.cristin1903982
dc.source.journalSustainabilityen_US
dc.source.volume13en_US
dc.source.issue3en_US
dc.source.pagenumber1-14en_US
dc.relation.projectNorges forskningsråd: 280989en_US
dc.relation.projectNorges forskningsråd: 267942en_US
dc.relation.projectNorges forskningsråd: 295789en_US
dc.relation.projectTransportøkonomisk institutt: S-4330en_US


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Navngivelse 4.0 Internasjonal
Except where otherwise noted, this item's license is described as Navngivelse 4.0 Internasjonal