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NEW A Preview of Chapter Seven of My New Book READ HERE

Chapter Seven of Fundamentals of Environmental Economics focuses on the pollution externality associated with transportation.

"First, let’s do some algebra. Define N = the number of people in a city and P = probability that each person owns a car. Define M as the average number of miles that vehicle owners drive and define E as emissions per mile of driving.  When we discuss climate change below, E can also represent gallons of gasoline per mile mile of driving. With this notation, a city’s total emissions from transport equals N*M*P*E."

Based on this identity, I explore how total transportation emissions are affected by;

• gasoline taxes
• urban parking rates
• Changes in the composition of the vehicle fleet as old high polluting vehicles die off and new vehicles have much lower emissions (thanks to regulation induced emissions controls --- see my 1996 Rand piece on this point)

I offer a brief discussion of Jessica Reyes' work on lead emissions from gasoline and its impact on U.S crime dynamics.   

I then blend some urban economics with environmental economics by teaching how the classic monocentric model of urban economics makes predictions about the production of transportation emissions in a growing city.  

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