Reports & Papers

2 Items

Discussion Paper

Transportation Revenue Options: Infrastructure, Emissions, and Congestion

| September 2010

The report is a summary of the discussions from a workshop on "Transportation Revenue Options" convened by the Belfer Center in May 2010. The workshop brought together 27 transportation experts for a two-day workshop to discuss three broad revenue-generating options: higher fuel taxes — perhaps supplemented by a carbon tax; fees collected based on vehicle miles traveled (VMT); and congestion fees on major roadways.

Vehicles traded in as part of the government's "cash for clunkers" program are parked at the Aadlen Bros. Auto Wrecking junkyard lot before being disposed of in Sun Valley,Calif., Aug. 4, 2009.

AP Photo

Paper - Belfer Center for Science and International Affairs, Harvard Kennedy School

Analysis of Policies to Reduce Oil Consumption and Greenhouse-Gas Emissions from the U.S. Transportation Sector

Reducing greenhouse gas emissions from transportation will be a much bigger challenge than conventional wisdom assumes — requiring substantially higher fuel prices combined with more stringent regulation. This paper finds that reducing carbon dioxide emissions from the transportation sector 14% below 2005 levels by 2020 may require gas prices greater than $7/gallon by 2020. It also finds that while relying on subsidies for electric or hybrid vehicles is politically seductive, it is ineffective and extremely expensive.