Analysis of Likely Economic Effects of Commercialization of Alternative Automobile Engines

摘要

This study provides an analysis of the likely economic impacts resulting from the introduction of alternative engines for automobiles. To ensure that indirect economic effects were included, the impact analysis system, TECNET, and additional computations were employed. A moderate economic growth scenario was developed as a framework for the economic analysis. Primary impacts were found in fuel and materials input sectors. Smelting of ferroalloy ores, nonferroalloy ores, and fuel refining were found to be primary effects. Mining, transport, and capital financing were identified as secondary impacts. This study does not treat all alternative engine configurations and does not examine the value of the multi-fuel capabilities of the specified alternative engines. The results of this study indicate that additional research on these subjects is desirable. (ERA citation 04:050288)