A Forward-Looking Stochastic Fleet Assessment Model for Analyzing the Impact of Uncertainties on Light-Duty Vehicles Fuel Use and Emissions
Transport policy research seeks to predict and substantially reduce the future transport-related greenhouse gas emissions and fuel consumption to prevent negative climate change impacts and protect the environment. However, making such predictions is made difficult due to the uncertainties associated with the anticipated developments of the technology and fuel situation in road transportation, which determine the total fuel use and emissions of the future light-duty vehicle fleet. These include uncertainties in the performance of future vehicles, fuels' emissions, availability of alternative fuels, demand, as well as market deployment of new technologies and fuels. This paper develops a methodology that quantifies the impact of uncertainty on the U.S. transport-related fuel use and emissions by introducing a stochastic technology and fleet assessment model that takes detailed technological and demand inputs.