Incorporating long-term transport effects in Cost-Benefit Analysis: Reasons to, options for and consequences of incorporating the societal costs of fossil fuel depletion and CO2 emissions in transport CBAs

When making decisions on transport projects, decision makers ought to take into account most (if not all) of the possible consequences of the different possible alternatives. A common way of evaluating transport projects ex ante is by means of Cost-Benefit Analysis (CBA). CBA allows for a clear comparison of different consequences, by describing...