Technical Paper
A Study on Feasibility of Carbon Credit System for Road Vehicles
2022-10-05
2022-28-0011
As we move towards greener technologies in the transportation sector, it becomes mandatory to monitor its impact or the utilization of such a technology in the intended manner. Improper usage results in lesser utilization of benefits of such green technologies. One such scenario is the range anxiety; users of parallel hybrid vehicles face a dilemma between charging and refueling the vehicle. If the hybrid vehicle is operated in a gas-powered mode most of the time, the emission levels would be comparable to those of gas-powered vehicles. On the other hand, gas-powered vehicles have no mechanism to completely cut CO2 emissions, unlike hybrids (electric drive). Emission regulatory bodies are facing difficulties in regulating each road vehicle. Therefore, the actual emission levels emitted from the vehicles are higher than the estimate provided by regulations. This paper discusses the possibility of implementing a Carbon Credit Scoring for each class of vehicles.