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Transportation's Role in Reducing U.S. Greenhouse Gas Emissions ...

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3.11 SUMMARY OF FINDINGS<br />

<strong>Transportation's</strong> <strong>Role</strong> <strong>in</strong> Reduc<strong>in</strong>g U.S. <strong>Greenhouse</strong> <strong>Gas</strong> <strong>Emissions</strong>: Volume 1<br />

Tables 3.5—3.8 present a consolidated overview of GHG reduction strategies,<br />

summariz<strong>in</strong>g a wide range of specific <strong>in</strong>formation. The table <strong>in</strong>cludes the<br />

follow<strong>in</strong>g <strong>in</strong>formation for most strategies:<br />

• Key Deployment Assumptions—Key assumptions about the strategy that<br />

affect the magnitude of results.<br />

• Effectiveness:<br />

− Percent GHG Reduction—Percent reduction <strong>in</strong> GHG emissions from<br />

basel<strong>in</strong>e, for:<br />

° Transportation Sector—Reduction as a percentage of total<br />

transportation sector basel<strong>in</strong>e emissions (based on Annual Energy<br />

Outlook March 2009 Reference case) <strong>in</strong> 2030 (2,171 million metric tons<br />

carbon dioxide equivalent, or mmt CO2e).<br />

° Relevant Subsector(s)—Relevant transportation subsector(s)—lightduty<br />

vehicle (LDV), heavy-duty vehicle (HDV), and on-road vehicles,<br />

rail, mar<strong>in</strong>e, and aircraft—that strategy affects and percentage<br />

reductions for this subsector.<br />

− Absolute GHG Reduction—Absolute reduction <strong>in</strong> year 2030 or 2050,<br />

expressed <strong>in</strong> million metric tons CO2e; range of values (lower/upper)<br />

<strong>in</strong>dicated when f<strong>in</strong>d<strong>in</strong>gs differ. Values for 2050 are shown only if<br />

significantly different than for 2030. “N/A” signifies that values may be<br />

significantly different <strong>in</strong> 2050 than 2030, but were not modeled <strong>in</strong> this<br />

timeframe.<br />

− Tim<strong>in</strong>g of Benefits—If the strategy is implemented today, this is a<br />

projection of how long it would take to achieve the reductions noted.<br />

Three ranges: i) Short—most benefits can be achieved with<strong>in</strong> five years;<br />

(ii) Mid—most benefits achieved with<strong>in</strong> 5 to 20 years; (iii) Long—most<br />

benefits not achieved for at least 20 years.<br />

• Cost Effectiveness—Expressed <strong>in</strong> $/metric ton CO2e; range of values<br />

(lower/upper) <strong>in</strong>dicated when f<strong>in</strong>d<strong>in</strong>gs differ. The cost-effectiveness<br />

estimates should be read with caution because they reflect monetary costs<br />

only. They do not reflect other very significant benefits or disbenefits to<br />

consumers such as travel time impacts, utility of foregone trips, health<br />

benefits, air quality impacts, and <strong>in</strong>creased or decreased accessibility or<br />

mobility. Taxes, fees, and rebates are not <strong>in</strong>cluded <strong>in</strong> cost-effectiveness<br />

calculations, s<strong>in</strong>ce they are regarded as a transfer payment (from the private<br />

sector to the public sector). However, the imposition of taxes, fees, and<br />

rebates may create welfare changes that are difficult to monetize but<br />

nonetheless represent a real cost or benefit to consumers. The two types of<br />

cost effectiveness cited are:<br />

3-31

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