Road project opportunity costs subject to a regional constraint on greenhouse gas emissions

2012

Abstract France has constrained the Aquitaine region to set up a climate plan to avoid an emission of 2883 ktCO 2 eq for the period 2007–2013. In parallel, the region has decided to carry out the construction of road infrastructures in order to avoid very high congestion costs. Those road projects will involve an increase in greenhouse gas (GHG) emissions during that period. In the present context of strong sustainability, all emissions (direct and indirect) generated by those projects should be offset. At the regional level, the offsetting of GHG emissions is usually carried out by implementing carbon sequestration projects or projects that reduce energy demand. This paper aims at determin…