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[en] This paper analyses the impact of an energy efficiency program for light vehicles in Brazil on emissions of carbon dioxide (CO2), the main greenhouse gas in the atmosphere. Several energy efficiency programs for light vehicles around the world are reviewed. The cases of Japan and Europe were selected for presentation here given their status as current and future world leaders in the control of passenger vehicle fuel consumption. The launching of the National Climate Change Plan and the pressure on the Brazilian car industry due to the world financial crisis make it a good time for the Brazilian government to implement such a program, and its various benefits are highlighted in this study. Three scenarios are established for Brazil covering the 2000-2030 period: the first with no efficiency goals, the second with the Japanese goals applied with a 10 years delay, and the third, with the Japanese goals applied with no delay. The consequences of a vehicular efficiency program and its middle and long-term effects on the consumption of energy and the CO2 emissions are quantified and discussed. The simulation results indicate that efficiency goals may make an important contribution to reducing vehicular emissions and fuel consumption in Brazil, compared to a baseline scenario.
[en] In this paper we analyse macroeconomic consequences of greenhouse gas emission mitigation in Latin America up to 2050 through a multi-model comparison approach undertaken in the context of the CLIMACAP–LAMP research project. We compare two carbon tax scenarios with a business-as-usual scenario of anticipated future energy demand. In the short term, with carbon prices reaching around $15/tCO_2 by 2030, most models agree that the reduction in consumer spending, as a proxy for welfare, is limited to about 0.3%. By 2050, at carbon prices of $165/tCO_2, there is much more divergence in the estimated impact on consumer spending as well as GDP across models and regions, which reflects uncertainties about technology costs and substitution opportunities between technologies. We observe that the consequences of increasingly higher carbon prices, in terms of reduced consumer spending and GDP, tend to be fairly linear with the carbon price in our CGE models. However, the consequences are divergent and nonlinear in our econometric model, that is linked to an energy system model that simulates step-changes in technology substitution. The results of one model show that climate policy measures can have positive effects on consumer spending and GDP, which results from an investment stimulus and the redistribution of carbon price revenues to consumers. - Highlights: • Depending on the model approach negative and positive macro-economic impacts are possible if carbon taxes are introduced. • Limited impact of moderate carbon taxes (up to $15/tCO_2 by 2030) on consumer spending in the medium-term • Impact of High CO_2 prices (around $165/tCO_2 in 2050) on GDP 5% at most in the long-term