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Interaction of consumer preferences and climate policies in the global transition to low-carbon vehicles

McCollum, DL; Wilson, C; Bevione, M; Carrara, S; Edelenbosch, OY; Emmerling, J; Guivarch, C; ... van Vuuren, DP; + view all (2018) Interaction of consumer preferences and climate policies in the global transition to low-carbon vehicles. Nature Energy , 3 pp. 664-673. 10.1038/s41560-018-0195-z. Green open access

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McCollum_AIP-Methods-combined_JR_1525186018_20_DM_DM2_DM3_ACCEPTED-DRAFT.pdf - Accepted version

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Abstract

Burgeoning demands for mobility and private vehicle ownership undermine global efforts to reduce energy-related greenhouse gas emissions. Advanced vehicles powered by low-carbon sources of electricity or hydrogen offer an alternative to conventional fossil-fuelled technologies. Yet, despite ambitious pledges and investments by governments and automakers, it is by no means clear that these vehicles will ultimately reach mass-market consumers. Here, we develop state-of-the-art representations of consumer preferences in multiple global energy-economy models, specifically focusing on the non-financial preferences of individuals. We employ these enhanced model formulations to analyse the potential for a low-carbon vehicle revolution up to 2050. Our analysis shows that a diverse set of measures targeting vehicle buyers is necessary to drive widespread adoption of clean technologies. Carbon pricing alone is insufficient to bring low-carbon vehicles to the mass market, though it may have a supporting role in ensuring a decarbonized energy supply.

Type: Article
Title: Interaction of consumer preferences and climate policies in the global transition to low-carbon vehicles
Open access status: An open access version is available from UCL Discovery
DOI: 10.1038/s41560-018-0195-z
Publisher version: https://doi.org/10.1038/s41560-018-0195-z
Language: English
Additional information: This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions.
UCL classification: UCL > Provost and Vice Provost Offices
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment > Bartlett School Env, Energy and Resources
URI: https://discovery.ucl.ac.uk/id/eprint/10053577
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