IESVic seminar: Attributing large reductions in road CO2 emissions to policy mixes

Dr. Felix Pretis

Wednesday, November 23

11:30 am -12:30 pm (PDT)

Hybrid Event

In-person: ECS 660

Online: Zoom (details below)

Policymakers combine many different policy tools to achieve emission reductions. However, there remains substantial uncertainty around which mixes of policies are effective. This uncertainty stems from the predominant focus of policy evaluation on single, known policies. Here we introduce an approach to identify effective policy interventions in the EU road transport sector by detecting large changes in CO2 emissions which can subsequently be attributed to policy interventions. This search for ‘causes of effects’ allows us to draw systematic inference on the effectiveness of policy mixes. We detect ten successful policy interventions that reduced emissions between 8% and 26%. The most successful policy mixes combine carbon or fuel taxes with green vehicle incentives and highlight that emissions reductions on a magnitude that matches the EU zero emission targets are possible.

Dr. Felix Pretis is an Assistant Professor in the Department of Economics at the University of Victoria, and co-director of the Climate Econometrics research project at Nuffield College at the University of Oxford. Prior to joining UVic, he was a British Academy Postdoctoral Research Fellow at the University of Oxford where he also completed his PhD in Economics, and a visiting researcher at UC Berkeley. His research concentrates on econometric methods applied to climate change and his work on the economic impacts of climate change featured in the IPCC special report on 1.5C.

Zoom meeting link

https://uvic.zoom.us/j/87020327427

Meeting ID: 870 2032 7427
One tap mobile
+17789072071,,87020327427# Canada
+16475580588,,87020327427# Canada

Dial by your location
+1 778 907 2071 Canada
+1 647 558 0588 Canada
Meeting ID: 870 2032 7427
Find your local number: https://uvic.zoom.us/u/knsYyXG1I