Title :
Market Incentives [In My View]
Author :
Fahimi, Babak ; Wang, Jianhui
Abstract :
Growing concerns about air quality and the environmental impact of a massive petroleum-dominated transportation industry, especially in large metropolitan areas around the world, has coincided with a competitive market for fossil fuels. Continued increases in petroleum prices are reaching a psychological barrier in the affordability of conventional automobiles. Booming economies in most populated areas of the world have been a powerful catalyst to an already soaring energy situation.
Keywords :
electric vehicles; environmental factors; fossil fuels; transportation; environmental impact; fossil fuel; market incentives; metropolitan area; petroleum dominated transportation industry; Automotive engineering; Energy resources; Environmental factors; Fuel economy; Market research; Power markets; Power system planning;
Journal_Title :
Power and Energy Magazine, IEEE
DOI :
10.1109/MPE.2011.941244