The traffic congestion and its high socioeconomic cost, brought by China’s fast urbanization, has forced the demand for congestion mitigation and emission reduction in the transport sector onto the government’s agenda. Several Chinese cities like Beijing, Shanghai, Hangzhou and Suzhou are considering to mitigate these growing air pollution and traffic …
The traffic congestion and its high socioeconomic cost, brought by China’s fast urbanization, has forced the demand for congestion mitigation and emission reduction in the transport sector onto the government’s agenda. Several Chinese cities like Beijing, Shanghai, Hangzhou and Suzhou are considering to mitigate these growing air pollution and traffic …
The social cost of carbon (SCC), defined as the estimated price of the damages caused by each additional ton of carbon dioxide (CO2) released into the atmosphere, is the volume dial on government regulations affecting greenhouse gases: The higher the SCC is set, the more stringent the regulatory standards. This …
