POTENTIAL PRICE-INDUCED FUEL CONSERVATION WITH CHANGES IN THE CANADIAN URBAN TRANSPORTATION SYSTEM

Effects of Canada's policy to increase oil prices to international levels on the travel elasticity of automobile drivers are calculated. Analysis reveals that an expected 10% annual increase in gasoline price beyond the inflation rate would result in about a 20% reduction in fuel consumption pe...

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Bibliographic Details
Published in:The Journal of energy and development 1981-10, Vol.7 (1), p.61-71
Main Authors: Sargious, Michel, Szplett, David, Janarthanan, N.
Format: Article
Language:English
Subjects:
Automobile travel
Automobiles
Commuting
Conservation
Downtowns
Energy conservation
Fuel
Fuels
Gasoline
Light rail transit
Mass transit
Prices
Traffic estimation
Travel time
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Summary:Effects of Canada's policy to increase oil prices to international levels on the travel elasticity of automobile drivers are calculated. Analysis reveals that an expected 10% annual increase in gasoline price beyond the inflation rate would result in about a 20% reduction in fuel consumption per capita for urban travel at the end of 10 yrs. This energy conservation will result from reducing unnecessary travel and shifting to other transport modes such as a light rail transit system and car-pooling programs.
ISSN:0361-4476