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This research from Atiyah Curmally and Kathleen Esposito at Brown University's Center for Environmental Studies in 2002 provides an overview of a Vehicle Efficiency Incentives program, formerly known as Feebate. The study includes data analysis, fuel efficiency profiles, distribution of vehicles, and three proposed scenarios with targets and outcomes. It discusses changes in data management and potential future analysis using the Tellus Stock Turnover model for carbon reduction goals by 2020. The Vehicle Efficiency Incentive Act is also explored, addressing carbon emissions, equity, and safety concerns. The document offers examples of new names for the program and contrasts with existing legislation, highlighting the importance of promoting sustainable transportation practices.
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Vehicle Efficiency Incentives(formerly known as Feebate) Atiyah Curmally Kathleen Esposito Brown University Center for Environmental Studies December 3, 2002
Overview • Received data from the DMV - 1,037,205 records • Decided to use Model Year 2001 • Fields used: Year, Zip code, Make, Model, Weight, Body type, VIN number, Class, Fuel efficiency, and Price
2001 Class Distribution, RI 3.7% 4.4% 6.2% 24.7% 8.9% 20.0% 10.3% 17.0%
Fuel Efficiency ProfileAverage Fuel efficiency: 22.45 mpg Average price: $23,836 - range: $9,390 - $170,779
Fuel Efficiency Range Best = Insight @ 64 mpg Runner Up = Prius @ 48 mpg (Best non-hybrid = Civic @ 38) Worst = Hummer @ 9 mpg Runner Up = Excursion @ 12mpg
Average Performers Toyota Camry @ 27 mpg Ford F-150 @ 16 mpg VW Passat Wagon @ 23 mpg
Scenario 1 • Target: 23 mpg • Fee: $500 for each mpg below the target • Total Fees: $62,481,000 collected • Amount for administration: $2,000,000 • Rebate: $500 for each mpg above the target • Total Rebates: $44,099,000 rewarded • Capped at $5,000 in each direction • Contingency Fees: $16,382,000
Scenario 2 • Target: 23 mpg • Fee: Sliding scale 2 – 10% on the purchase price based on mpg below the target • Total Fees: $39,657,286 collected • Amount for administration: $2,000,000 • Rebate: Sliding scale 2 – 10% on the purchase price based on mpg above the target • Total Rebates: $13,394,853 rewarded • Contingency Fees: $24,262,433
Scenario 3 • Target: 23 mpg • Fee: Sliding scale 2 – 10% on the purchase price based on mpg below the target • Total Fees: $39,657,286 collected • Amount for administration: $2,000,000 • Rebate: Redistribution of fees collected based on mpg above the target • Total Rebates: $28,533,355 rewarded • Contingency Fees: $9,123,931
Changes in Data Management • Adopt uniform system of data entry • Year • Make • Model • Fuel Efficiency • Purchase Price • Retain a copy of each Model years registered vehicles • Use more effective VIN decoding software
Potential Future Analysis • Use the Tellus Stock Turnover model to see where RI 2001 Model registrations will need to go in order to attain the desired carbon reductions by 2020
Vehicle Efficiency Incentive Act • Carbon emissions based • Leased Vehicles • Edge Effects • Equity Concerns • Safety Concerns • Propose new name for the Feebate Program • Examples • Homeland Security Vehicle Efficiency Incentive Act • Bad Examples • Tax for Fuel Conservation (Ontario) • An Act to Promote the Application of Scientific Principles and Technical Advances to Increase Automobile Efficiency and Reduce Global Warming (MA)