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Étiqueté : climate policy instrument

Multicriteria comparison of fuel policies

In this paper, the authors perform a multicriteria comparison of di erent policy instruments, such as renewable fuel standard (RFS), low-carbon fuel standard (LCFS), greenhouse gas (GHG) tax and a combination of RFS and fuel GHG tax, with the criteria being the share of alternatives to conventional crude oil in domestic fuel consumption (assumed to represent greater energy independence and/or security), the level of GHG emissions, and the domestic price of fuel.