August 08, 2011

Economic Analysis of a Program to Promote Clean Transportation Fuels in the Northeast/Mid-Atlantic Region



The potential economic impacts of reducing carbon emissions from transportation fuels in the eleven state northeast and Mid-Atlantic region were analyzed by the Northeast States for Coordinated Air Use Management using the REMI Policy Insight model. Some of the key findings from the study were a reduction of greenhouse gas emissions with the introduction of more low carbon fuels into the transportation sector, a reduction of gasoline and diesel use by 12 to 29 percent upon full implementation of the program, and the enhancement of energy security due to diversifying transportation fuels away from those produced from imported oil and toward domestic alternatives.

NESCAUM – Economic Analysis of a Program to Promote Clean Transportation Fuels in the Northeast Mid-Atlantic Region [full PDF]