Vehicle Scrappage Policies for Transportation Decarbonization
CSS Publication Number
CSS24-58
Full Publication Date
July 26, 2024
Abstract
Incentivizing early retirement of gasoline vehicles could accelerate the transition to zero emission transportation. The U.S. aims to reduce economy-wide greenhouse gas emissions by 50% (from 2005 levels) by 2030, and to net zero by 2050, in line with international climate agreements. Decarbonizing transportation—the highest emitting sector in the U.S. economy—is essential to meeting these goals.
Author(s)
Research Areas
Mobility Systems
Transportation
Publication Type
Policy Brief
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