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The impacts of transportation energy policy on transportation policy : current issues

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Frame of Image  and use of light trucks, which
The Impacts of Transportation Energy Policy on Transportation Safety
have lower fuel economy than cars on average, have offset the improvements in fuel economy with enhanced motor vehicle engine technology. The slower rate of increase in vehicle miles traveled (VMT) by light trucks may be due to the lower fuel economy (mile per gallon; MPG) on average compared to the average car’s fuel economy. The higher demand and consumption of motor fuel in the transportation sector raised concerns regarding energy security along with unstable international oil prices. Another concern raised from the shift toward light trucks is safety, because of higher fatality risks to occupants in smaller and lighter cars compared to larger and heavier “light truck” occupants. A new policy change reducing energy consumption would result in a change of per-mile driving costs causing changes in vehicle miles, vehicle stock and its composition by way of traveler’s behavior. The change in costs would also lead to changes in vehicle weights and sizes to improve fuel
1) The market share of light trucks sales is increasing rapidly with 5.4% of average annual increase rate from 1970 to 2005 while new car sales decreases with -0.3% in average for the same period.
May / June┃2009┃Vol 14┃No 3
35
economy by vehicle manufacturers. The changes in vehicle miles and fleet composition, along with the changes in vehicle weight and size, in turn, would have a different impact on traffic s


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Title The impacts of transportation energy policy on transportation policy
Similar Titles
Sub Title

current issues

Material Type Reports
Author(English)

Kim, Chun Kon

Author(Korean)

김천곤

Publisher

[Seoul]:Korea Institute for Industrial Economics & Trade (KIET)

Date 2009
Journal Title; Vol./Issue KIET Industrial Economic Review:vol. 14; no.3
Pages 15
Frequency Bimonthly
Language English
File Type Documents
Original Format pdf
Subject Industry and Technology < Energy
Territorial Development < Transport/Logistics
Holding KDI School of Public Policy and Management

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