Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
Please note that all times are shown in the time zone of the conference. The current conference time is: 24th Aug 2026, 01:48:44am WEST
External resources will be made available 30 min before a session starts. You may have to reload the page to access the resources.
|
Daily Overview |
| Session | |
|
Egg-Timer: Energy, Water and Sustainability Location: D-112 Session Chair: Naifu Zhang, Fudan University | |
    | |
Do Electric Vehicle Subsidies Deliver Gasoline Demand Reductions? Evidence from Sweden 1: The University of Melbourne, Australia; 2: University of California Davis; 3: School of Global Policy and Strategy, University of California San Diego We provide quasi-experimental evidence on how subsidies for plug-in hybrid electric vehicles (PHEVs) affect household gasoline consumption once behavioral responses across the entire vehicle portfolio are taken into account. Using comprehensive Swedish administrative data and exploiting exogenous variation from a January 2020 subsidy reform tied to predetermined lease renewal cycles, we implement a fuzzy regression discontinuity design to identify causal effects of subsidized PHEV adoption. We find that subsidies induce households to adopt cleaner new vehicles, reducing gasoline consumption from newly acquired cars by approximately 93 liters per year. However, this reduction is largely offset by increased driving of retained gasoline vehicles, which raises gasoline use by about 75 liters annually. As a result, the net effect of the subsidy is a small and statistically insignificant reduction of roughly 18 liters of gasoline per household per year. Translating these estimates into abatement costs, we find implied abatement costs of $235 per ton of CO2 under renewable electricity, $375 under natural gas–fired generation, and $988 under coal-fired generation—substantially exceeding common estimates of the social cost of carbon and Sweden’s carbon tax. | |