Policy Options for Decarbonising Transportation in APEC
| Published Date | September 2022 |
|---|---|
| Type of Publication | Reports |
| Publication Under | Transportation Working Group (TPTWG), Automotive Dialogue (AD), APEC Secretariat, APEC Policy Support Unit |
| Accessed | 1321 |
| Pages | 10 |
| Download publication | Download |
Description
Climate change is an existential threat to the APEC region, and transportation significantly contributes to this problem through its greenhouse gas (GHG) emissions. Vehicle electrification is the most effective and efficient solution to decarbonise transport, and could have quick and measurable impacts on reducing GHG emissions and addressing climate change. This policy brief discusses five practical and proven policy options for vehicle electrification: (1) reform vehicle supply regulations, (2) offer vehicle purchase incentives, (3) provide electric vehicle usage incentives, (4) develop charging infrastructure, and (5) educate, inform and reach out.