Paper
17 May 2022 Evaluation of the promotion policy on electric vehicles using a static CGE model
Zhiwei Guo, Tao Li, Xinlin Wang, Hongchao Zhang
Author Affiliations +
Proceedings Volume 12259, 2nd International Conference on Applied Mathematics, Modelling, and Intelligent Computing (CAMMIC 2022); 122592L (2022) https://doi.org/10.1117/12.2638661
Event: 2nd International Conference on Applied Mathematics, Modelling, and Intelligent Computing, 2022, Kunming, China
Abstract
Electric vehicles (EV) are a crucial technology to tackle environmental issues like air pollution and energy depletion. In this paper, we use a static computable equilibrium model to estimate the effects of two different policies: the subsidy and the credit regulation. The results show that both policies have negligible effects on the macro economy. The subsidy on EV creates more emissions as the substitution between conventional vehicles and EV isn’t very effective, leading to more production. The credit regulation, otherwise, suppresses the production of conventional vehicles while encouraging the production of EV, thus, emissions of CO2, NOx, Dust, COD are largely reduced. And the combination of the two policies has a mixed effect. However, the emissions of SO2 and NH3-N increase no matter which policy is implemented, suggesting that different sectors perform diversely under the stimulus. Policy-maker needs to make a trade-off between the benefits and risks of certain policies.
© (2022) COPYRIGHT Society of Photo-Optical Instrumentation Engineers (SPIE). Downloading of the abstract is permitted for personal use only.
Zhiwei Guo, Tao Li, Xinlin Wang, and Hongchao Zhang "Evaluation of the promotion policy on electric vehicles using a static CGE model", Proc. SPIE 12259, 2nd International Conference on Applied Mathematics, Modelling, and Intelligent Computing (CAMMIC 2022), 122592L (17 May 2022); https://doi.org/10.1117/12.2638661
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KEYWORDS
Data modeling

Mechanical engineering

Pollution control

Systems modeling

Carbon dioxide

Environmental science

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