Does the aviation Emission Trading System influence the financial evaluation of new airplanes? An assessment of present values and purchase options

In this paper we assess the impact of the CO₂ costs for short- and long-haul aircraft based on present values and on purchase options. We evaluate purchase options with a framework developed for real option analysis to estimate the value of flexibility under uncertain kerosene and CO₂ prices. We find an average influence of CO₂ costs on present values of €1.1 million for the short haul plane and €4.1 million for the long-haul plane over the typical lifetime of an airplane. For purchase options, we find a CO₂ influence of €0.43 million for the long-haul plane and a moderate impact for the short-haul plane. The results underline the importance of CO₂ and kerosene costs for long-haul aircraft.     

Estimated mortality of mammals and the costs associated with animal–vehicle collisions on the roads in the Czech Republic

We use questionnaires to estimate the mortality of mammals on the roads in the Czech Republic and estimate the costs involved. Annual mortality was quantified for eleven species/groups of mammals, and the highest mortality was recorded for common species such as Lupus europaeus and Capreolus capreolus. The vehicle damage is most frequent after collisions with ungulates, which also impose the highest vehicle repair costs. If the animal loss were compensated by releasing animals into the wild, the highest costs would be associated with the release of C. capreolus and L. europaeus. Overall annual compensation costs would exceed €100 million.     

Economic valuation of Well-To-Wheel CO2 emissions from freight transport along the main transalpine corridors

CO₂ emissions are one of the main externalities related to freight transport. Their evaluation is extremely difficult, due to the presence of several scientific and economic uncertainties. This paper discusses the approaches currently adopted by literature to deal with CO₂, proposing a methodology based on a Well-To-Wheel quantification and an economic valuation deriving from a meta-regression. A freight transport analysis is then provided for one of the most critical areas of Europe, the Alps. Here, the different approaches adopted by the single nations determine divergent results in terms of modal shift towards rail and, consequently, CO₂ emissions. An integrated and transnational strategy could lead to better results, avoiding detoured traffic and increasing the share of railway traffic. To this aim, the carbon impacts of three specific alpine-wide measures are evaluated: namely, Alpine Crossing Exchange, Emissions Trading and Differentiated Toll System. In comparison with business-as-usual scenario, the case study reveals a potential CO₂ saving up to more than 600,000 tons and 38 M€ for the year 2030, thus providing policy makers with an integrative transnational tool able to evaluate the long-term carbon impact of their transport decisions.     

Evaluating the social cost of cruise ships air emissions in major ports of Greece

Detailed NO_x, SO₂ and PM_2.5 emissions have been estimated for cruise ships in the five busiest Greek ports (i.e. Piraeus, Santorini, Mykonos, Corfu and Katakolo) for year 2013. The emissions were analyzed in terms of gas species, seasonality and activity. The total in-port inventory of cruise shipping accounted to 2742.7 tons: with NO_x being dominant (1887.5 tons), followed by SO₂ and PM_2.5 (760.9 and 94.3 tons respectively). Emissions during hotelling corresponded to 88.5% of total and have significantly outweighed those produced during ships’ maneuvering activities (11.5% of total). Seasonality was found to play a major role, as summer emissions and associated impacts were significantly augmented. The anticipated health impacts of ship emissions can reach to €24.3 million or to €5.3 per passenger proving the necessity of control of the emissions produced by cruise ships in port cities or policy and measures towards a more efficient cruise industry.     

Winter problems on mountain passes – Implications for cost-benefit analysis

Cost-benefit analysis is a tool in government decision-making for determining the consequences of alternative uses of society’s scarce resources. Such a systematic process of comparing benefits and costs was adopted in early years for transportation projects and it has been the subject of much refining over the years. There are still some flaws, however, in the application of the method. In this article we have studied the impact of weather conditions on traffic speed on low traffic roads often exposed to adverse weather. This is an issue not currently considered in the cost-benefit analysis of road projects. By using two analytical approaches—structural equation modelling and classification and regression tree analysis—the impact of the weather indicators temperature, wind speed, and precipitation on traffic speed has been quantified. The data relates to three winter months on the European Route 6 road over the mountain pass Saltfjellet in Norway. Increase in wind speed, increase in precipitation and temperatures around freezing point all caused significant decrease in traffic speed in the case studied. If actions were taken to reduce the impact of adverse weather on traffic (e.g. by building a tunnel through the mountain) this study indicates that the road users would gain a total benefit of approximately 2,348,000 NOK (282,000 EUR) each winter at Saltfjellet if all the weather related benefits were included. We argue that this is a significant number that is highly relevant to include in CBAs. This applies both to the CBAs of new transportation projects as well as when resources are allocated for operation, maintenance, and monitoring of the existing transport systems. Including the weather related benefits would improve the application of CBA as a decision-making tool for policy makers.     

Noise level in the vicinity of signalized roundabouts

The analysis, assessment and estimation of noise levels in the vicinity of intersections is a more complex problem than a similar analysis for roads and streets. This is due to the varied geometry of the intersections, differences in the loads of individual movements, participation of heavy vehicles and mass transport vehicles, as well as the various types of traffic management and traffic control. This article analyses the influence of intersection type and traffic characteristics on the noise levels in the vicinity of classic channelized intersections with signalization, roundabouts and signalized roundabouts. Based on the conducted measurements, it has been established that, with comparable traffic parameters and the same distance from the geometric centre of the intersection, the L_Aeq value for signalized roundabouts is 2.5–10.8 dB higher in comparison to classic channelized intersections with signalization and 3.3–6.7 dB higher in relations to the analysed roundabout. Additionally the differences between L_Aeq levels at individual entries at the same signalized roundabouts may reach the value of approximately 4.5 dB. Such situation is influenced by differences in the intersection geometry, diameter of the intersection’s central island, traffic flow type, traffic management at the entries and traffic volume, especially the amount and traffic movements of multiple axle heavy vehicles. These factors have been analysed in detail in relation to signalized roundabouts in this paper.     

Integrated analysis of GHGs and public health damage mitigation for developing urban road transportation strategies

This study attempts to present an urban road transportation strategy focusing on the mitigation of both GHGs emission and public health damage, taking Xiamen City as a case study. We developed a Public Health and GHGs Emission model to estimate the impacts of direct energy-consumption-related GHGs emissions and public health damage in Xiamen’s road transportation strategies from 2008 to 2025, considering the environmental benefits and economic costs. Two scenarios were designed to describe future transportation strategies for Xiamen City, and mitigation potentials for both GHGs emission and public health costs were estimated from 2008 to 2025 under a series of options. The results show that enacting controls on private vehicles would be most effective to GHGs mitigation, while enacting controls on government and rental vehicles would contribute the most to NO₂ and PM2.5 reductions. Compared with the Business as Usual scenario, the Integrated scenario would achieve about a 68% energy consumption reduction and save 0.23 billion yuan (95% CI: 0.16, 0.32) in health costs in 2025. It is clear that integrated and advisable strategies need to mitigate the adverse impacts of urban road vehicles on GHGs emissions and public health and economic costs, particularly in regions of rapid urbanization.     

A model for evaluating the environmental and functional benefits of “innovative” roundabouts

This study looks at the singling out of a multi-parameter criterion for choosing conventional or innovative roundabout layouts, by taking functional, environmental and economic aspects into consideration. The performances of three conventional roundabouts (with different lane number at entries and through the ring), turbo-roundabouts and roundabouts with right-turn bypass lane on all the arms (flower roundabouts) have been compared in terms of vehicle delays and pollutant (carbon dioxide, nitrogen oxides, particle pollution (PM₁₀ and PM_2.5)) emissions. By means of closed-form capacity models and with the help of COPERT IV^© software, several traffic simulations have been carried out, referred to yearly peak flow values Q_max and ranging between 1300 and 3300 veh/h, starting from a typical annual traffic demand curve in urban areas. The estimation of cumulative vehicle delays and annual pollutant emissions, together with construction and maintenance costs has allowed working out overall costs for each roundabout under consideration, depending on the traffic demand. Thus, the proposed model allows finding the most cost-effective geometric solution as to overall costs for a comprehensive case record of traffic values.     

The cost of convenience; Air pollution and noise on freeway and arterial light rail station platforms in Los Angeles

Light rail transit (LRT) systems constitute one of the most sustainable public transportation modes and transit agencies have increasingly constructed LRT lines along the median of roadways to reduce land acquisition costs and traffic conflicts. Despite these conveniences, few studies have examined the air pollution and noise exposures for passengers on LRT station platforms within freeway or arterial medians. In response, we monitored particle number count (PNC) concentrations and noise levels on 17 station platforms in the Los Angeles metro system in summer 2012 and assessed differences between freeway and arterial platforms. We visited each station on average 7 times for approximately 19 min with two teams carrying a full set of instruments. As expected, impacts were higher on green line platforms in the center of a grade-separated freeway compared to blue line platforms in the center of an arterial due to being in close proximity to greater traffic volumes. Overall, freeway-arterial platform differences were 35,100 versus 20,000 particles/cm³ for PNC and 83 versus 62 dBA for noise. This average noise intensity on green line platforms was four times that on blue line stations. We also found that PNC concentrations were significantly higher at open air monitoring platform positions compared to standing under a shade canopy (about 2000 particles/cm³ higher), but that noise levels were significantly lower at open air positions compared to under canopy positions (about 3.2 dBA lower). Results identify important factors for transport planners to consider when locating and designing in-roadway LRT platforms.     

Will technological progress be sufficient to stabilize CO2 emissions from air transport in the mid-term?

This article investigates whether anticipated technological progress can be expected to offset the CO₂ emissions resulting from rapid air traffic growth. Global aviation CO₂ emissions projections are examined for eight geographical zones until 2025. Air traffic flows are forecast using a dynamic panel-data econometric model, and then converted into corresponding quantities of air traffic CO₂ emissions using specific hypotheses and energy factors. None of our nine scenarios appears compatible with the objective of 450 ppm CO₂-eq. recommended by the Intergovernmental Panel on Climate Change. Nor is any compatible with the Panel’s aim of limiting global warming to 3.2 °C.     

How wide should be the adjacent area to an urban motorway to prevent potential health impacts from traffic emissions?

In recent years, several studies show that people who live, work or attend school near the main roadways have an increased incidence and severity of health problems that may be related with traffic emissions of air pollutants. The concentrations of near-road atmospheric pollutants vary depending on traffic patterns, environmental conditions, topography and the presence of roadside structures. In this study, the vertical and horizontal variation of nitrogen dioxide (NO₂) and benzene (C₆H₆) concentration along a major city ring motorway were analysed. The main goal of this study is to try to establish a distance from this urban motorway considered “safe” concerning the air pollutants human heath limit values and to study the influence of the different forcing factors of the near road air pollutants transport and dispersion. Statistic significant differences (p = 0.001, Kruskal–Wallis test) were observed between sub-domains for NO₂ representing different conditions of traffic emission and pollutants dispersion, but not for C₆H₆ (p = 0.335). Results also suggest significant lower concentrations recorded at 100 m away from roadway than at the roadside for all campaigns (p < 0.016 (NO₂) and p < 0.036 (C₆H₆), Mann–Whitney test). In order to have a “safe” life in homes located near motorways, the outdoor concentrations of NO₂ must not exceed 44–60.0 μg m⁻³ and C₆H₆ must not exceed 1.4–3.3 μg m⁻³. However, at 100 m away from roadway, 81.8% of NO₂ receptors exceed the annual limit value of human health protection (40 μg m⁻³) and at the roadside this value goes up to 95.5%. These findings suggest that the safe distance to an urban motorway roadside should be more at least 100 m. This distance should be further studied before being used as a reference to develop articulated urban mobility and planning policies.     

Environmental,functional and economic criteria for comparing “target roundabouts” with one- or two-level roundabout intersections

The article describes a criterion based on functional, environmental and economic aspects for comparing conventional roundabouts with innovative one- or two-level roundabouts. We compared the performances of eight roundabout types, differing in geometric layout, number of lanes and traffic flow regulation from each other, with regard to vehicle delays and CO₂, NO_x, PM_2.5 and PM₁₀ pollutant emissions. Recently-designed roundabouts – target roundabouts and flyover roundabouts – have also been studied for their undoubted practical interest. By means of closed-form capacity models and CORINAIR methodology, several traffic simulations were carried out to examine a typical annual traffic demand curve in a suburban context, three different distribution test matrices for traffic flows (ρ1, ρ2, ρ3) and maximum annual traffic flow values Q_max ranging between 1300 and 3300 veh/h.Estimating vehicle delays and annual pollutant emissions, along with construction and management costs, allowed obtaining overall costs for each roundabout examined, in function of traffic demand and several other parameters. Thanks to these analyses, we identified the roundabout types which best suit to each traffic condition.     

Electric vehicle parking in European and American context: Economic,energy and environmental analysis

The transportation sector faces increasing challenges related to energy consumption and local and global emissions profiles. Thus, alternative vehicle technologies and energy pathways are being considered in order to overturn this trend and electric mobility is considered one adequate possibility towards a more sustainable transportation sector.In this sense, this research work consisted on the development of a methodology to assess the economic feasibility of deploying EV charging stations (Park-EV) by quantifying the tradeoff between economic and energy/environmental impacts for EV parking spaces deployment. This methodology was applied to 4 different cities (Lisbon, Madrid, Minneapolis and Manhattan), by evaluating the influence of parking premium, infrastructure cost and occupancy rates on the investment Net Present Value (NPV). The main findings are that the maximization of the premium and the minimization of the equipment cost lead to higher NPV results. The NPV break-even for the cities considered is more “easily” reached for higher parking prices, namely in the case of Manhattan with the higher parking price profile. In terms of evaluating occupancy rates of the EV parking spaces, shifting from a low usage (LU) to a high usage (HU) scenario represented a reduction in the premium to obtain a NPV = 0 of approximately 14% for a 2500 € equipment cost, and, in the case of a zero equipment cost (e.g. financed by the city), a NPV = 0 was obtained with approximately a 2% reduction in the parking premium. Moreover, due to the use of electric mobility instead of the average conventional technologies, Well-to-Wheel (WTW) gains for Lisbon, Madrid, Minneapolis and Manhattan were estimated in 58%, 53%, 52% and 75% for energy consumption and 66%, 75%, 62% and 86% for CO₂ emissions, respectively.This research confirms that the success of deploying an EV charging stations infrastructure will be highly dependent on the price the user will have to pay, on the cost of the infrastructure deployed and on the adhesion of the EV users to this kind of infrastructure. These variables are not independent and, consequently, the coordination of public policies and private interest must be promoted in order to reach an optimal solution that does not result in prohibitive costs for the users.     

On the perceived justice of urban road pricing: An empirical study in Lyon

Various methods of restricting automobile traffic, by price (tolls) or by quantity (odd/even license plates or limited days of traffic), are tested in a survey (N ～ 400) about attitudes toward traffic restrictions in Lyon, France. Ordered probit models with random-effects panel allow us to estimate the survey respondents’ perceptions of these methods, as well as the roles of individual socio-demographic characteristics in the formation of these perceptions. Both the restriction of automobile traffic and its regulation by congestion (waiting in line) are widely considered unjust by the respondents, regardless of whether they work and whether they are drivers or non-drivers. Their attitudes towards tolls justified by the pollution caused by automobile traffic are less negative. As regards compensation, in addition to emergency vehicles and those that transport people with limited mobility, respondents believe car-pooling ought to benefit of a toll exemption. The support for a reduced rate for low-income users shows a concern for justice to which it will be necessary to respond. The respondents’ socio-professional status, level of education, car use or non-use, and residence inside or outside of the toll zone clearly play a role in their perceptions of these methods of regulation and compensation.     

The cost of general aviation accidents in the United States

Very few studies examine the costs associated with general aviation accidents. Given the large number of general aviation operations as well as the large number of fatalities and injuries attributed to general aviation accidents in the United States, understanding the costs to society is of great importance. This study estimates the costs associated with general aviation accidents in the United States. The direct costs are estimated and the indirect costs are estimated via the human capital approach in addition to the willingness-to-pay approach. The average annual accident costs attributed to general aviation are found to be $1.64 billion and $4.64 billion (2011 US$) utilizing the human capital approach and willingness-to-pay approach, respectively. These values appear to be fairly robust when subjected to a sensitivity analysis.     

Development and validation of a questionnaire to assess pedestrian receptivity toward fully autonomous vehicles

This study analyzes pedestrian receptivity toward fully autonomous vehicles (FAVs) by developing and validating a pedestrian receptivity questionnaire for FAVs (PRQF). The questionnaire included sixteen survey items based on attitude, social norms, trust, compatibility, and system effectiveness. 482 Participants from the United States (273 males and 209 females, age range: 18–71 years) responded to an online survey. A principal component analysis determined three subscales describing pedestrians’ receptivity toward FAVs: safety, interaction, and compatibility. This factor structure was verified by a confirmatory factor analysis and reliability of each subscale was confirmed (0.7 < Cronbach’s alpha < 0.9). Regression analyses investigated associations with scenario-based responses to the three PRQF subscale scores. Pedestrians’ intention to cross the road in front of FAVs was significantly predicted by both safety and interaction scores, but not by the compatibility score. Accepting FAVs in the existing traffic system was predicted by all three subscale scores. Demographic influence on the receptivity revealed that males and younger respondents were more receptive toward FAVs. Similarly, those from urban areas and people with higher personal innovativeness showed higher receptivity. Finally, a significant effect of pedestrian behavior (as measured by the pedestrian behavior questionnaire) on receptivity is explored. People who show positive behavior believed that the addition of FAVs will improve overall traffic safety. Those who show higher violation, lapse and aggression scores, were found to feel more confident about crossing the road in front of a FAV. This questionnaire can be a potential research tool for designing and improving FAVs for road-users outside the vehicles.     

Reconstructing maximum likelihood trajectory of probe vehicles between sparse updates

Data from connected probe vehicles can be critical in estimating road traffic conditions. Unfortunately, current available data is usually sparse due to the low reporting frequency and the low penetration rate of probe vehicles. To help fill the gaps in data, this paper presents an approach for estimating the maximum likelihood trajectory (MLT) of a probe vehicle in between two data updates on arterial roads. A public data feed from transit buses in the city of San Francisco is used as an example data source. Low frequency updates (at every 200 m or 90 s) leaves much to be inferred. We first estimate travel time statistics along the road and queue patterns at intersections from historical probe data. The path is divided into short segments, and an Expectation Maximization (EM) algorithm is proposed for allocating travel time statistics to each segment. Then the trajectory with the maximum likelihood is generated based on segment travel time statistics. The results are compared with high frequency ground truth data in multiple scenarios, which demonstrate the effectiveness of the proposed approach, in estimating both the trajectory while moving and the stop positions and durations at intersections.     

Cost analysis for high-volume and long-haul transportation of densified biomass feedstock

Using densified biomass to produce biofuels has the potential to reduce the cost of delivering biomass to biorefineries. Densified biomass has physical properties similar to grain, and therefore, the transportation system in support of delivering densified biomass to a biorenery is expected to emulate the current grain transportation system. By analyzing transportation costs for products like grain and woodchips, this paper identifies the main factors that impact the delivery cost of densified biomass and quantifies those factors’ impact on transportation costs. This paper provides a transportation-cost analysis which will aid the design and management of biofuel supply chains. This evaluation is very important because the expensive logistics and transportation costs are one of the major barriers slowing development in this industry.Regression analysis indicates that transportation costs for densified biomass will be impacted by transportation distance, volume shipped, transportation mode used, and shipment destination, just to name a few. Since biomass production is concentrated in the Midwestern United States, a biorefinery’s shipments will probably come from that region. For shipments from the Midwest to the Southeast US, barge transportation, if available, is the least expensive transportation mode. If barge is not available, then unit trains are the least expensive mode for distances longer than 161 km (100 miles). For shipments from the Midwest to the West US, unit trains are the least expensive transportation mode for distances over 338 km (210 miles). For shorter distances, truck is the least expensive transportation mode for densified biomass.     

A new offline optimization approach for designing a fuel cell hybrid bus

In this study a hydrogen powered fuel cell hybrid bus is optimized in terms of the powertrain components and in terms of the energy management strategy. Firstly the vehicle is optimized aiming to minimize the cost of its powertrain components, in an official driving cycle. The optimization variables in powertrain component design are different models and sizes of fuel cells, of electric motors and controllers, and batteries. After the component design, an energy management strategy (EMS) optimization is performed in the official driving cycle and in two real measured driving cycles, aiming to minimize the fuel consumption. The EMS optimization is based on the control of the battery’s state-of-charge. The real driving cycles are representative of bus driving in urban routes within Lisbon and Oporto Portuguese cities. A real-coded genetic algorithm is developed to perform the optimization, and linked with the vehicle simulation software ADVISOR. The trade-off between cost increase and fuel consumption reduction is discussed in the lifetime of the designed bus and compared to a conventional diesel bus. Although the cost of the optimized hybrid powertrain (62,230 €) achieves 9 times the cost of a conventional diesel bus, the improved efficiency of such powertrain achieved 36% and 34% of lower energy consumption for the real driving cycles, OportoDC and LisbonDC, which can originate savings of around 0.43 €/km and 0.37 €/km respectively. The optimization methodology presented in this work, aside being an offline method, demonstrated great improvements in performance and energy consumption in real driving cycles, and can be a great advantage in the design of a hybrid vehicle.     

Effects of low speed limits on freeway traffic flow

Recent years have seen a renewed interest in Variable Speed Limit (VSL) strategies. New opportunities for VSL as a freeway metering mechanism or a homogenization scheme to reduce speed differences and lane changing maneuvers are being explored. This paper examines both the macroscopic and microscopic effects of different speed limits on a traffic stream, especially when adopting low speed limits. To that end, data from a VSL experiment carried out on a freeway in Spain are used. Data include vehicle counts, speeds and occupancy per lane, as well as lane changing rates for three days, each with a different fixed speed limit (80 km/h, 60 km/h, and 40 km/h). Results reveal some of the mechanisms through which VSL affects traffic performance, specifically the flow and speed distribution across lanes, as well as the ensuing lane changing maneuvers. It is confirmed that the lower the speed limit, the higher the occupancy to achieve a given flow. This result has been observed even for relatively high flows and low speed limits. For instance, a stable flow of 1942 veh/h/lane has been measured with the 40 km/h speed limit in force. The corresponding occupancy was 33%, doubling the typical occupancy for this flow in the absence of speed limits. This means that VSL strategies aiming to restrict the mainline flow on a freeway by using low speed limits will need to be applied carefully, avoiding conditions as the ones presented here, where speed limits have a reduced ability to limit flows. On the other hand, VSL strategies trying to get the most from the increased vehicle storage capacity of freeways under low speed limits might be rather promising. Additionally, results show that lower speed limits increase the speed differences across lanes for moderate demands. This, in turn, also increases the lane changing rate. This means that VSL strategies aiming to homogenize traffic and reduce lane changing activity might not be successful when adopting such low speed limits. In contrast, lower speed limits widen the range of flows under uniform lane flow distributions, so that, even for moderate to low demands, the under-utilization of any lane is avoided. These findings are useful for the development of better traffic models that are able to emulate these effects. Moreover, they are crucial for the implementation and assessment of VSL strategies and other traffic control algorithms.