After the Dutch government committed itself to the Paris Climate Agreement, there has been some development in policies that are introduced to limit the emissions of greenhouse gasses. These policies are introduced in the Dutch Climate Agreement. Some of these policies aim to sti
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After the Dutch government committed itself to the Paris Climate Agreement, there has been some development in policies that are introduced to limit the emissions of greenhouse gasses. These policies are introduced in the Dutch Climate Agreement. Some of these policies aim to stimulate the adoption rate of the battery electric vehicle into the personal vehicle market. While there have been studies undertaken to analyze the cost efficiency of these policies, they all use the tailpipe emissions and/or only use the greenhouse gas emissions to measure the environmental damage. Integrating a life cycle analysis to the research could potentially limit these shortcomings, which would provide a wider overview of the true impact these policies have on the welfare of society. This research integrated a life cycle analysis into a cost-benefit analysis to analyze its influence compared to a conventional cost-benefit analysis where only the tailpipe emissions are used. The results of this research suggested that there is a significant impact when the full life cycle of the vehicles is integrated. Even though there is plenty of additional research that can be done to improve the quantification of the costs and benefits, the bandwidths that are provided to cover the uncertainties provide for a plausible conclusion that policymakers can use in the future for decision making. This research suggests that policymakers would be better informed on their decision making if they would use cost-benefit analysis' where life cycle analyses are integrated. It also provides researchers un understanding into why it is important to incorporate the life cycle of the product or service into the research.