Author(s)

M. Dess

Abstract

Tliis paper presents estimates, in monetary terms, of the costs of transport noise, the impacts on human health of motor vehicle emissions, and the costs of traffic congestion and accidents in Victoria, Australia. The results indicate that these costs, despite the uncertainty involved in their estimation, are substantial - exceeding $A6 billion per year. The paper also presents an evaluation of strategies for reducing transport emissions of the greenhouse gas, carbon dioxide (C02). It is shown that these emissions can be reduced by around 16% (compared with projected levels in the year 2005), at no net financial cost to the community. 1 Introduction The Environment Protection Authority (Victoria) (EPA) recently conducted a study of transport externalities in Victoria. That study, which provides t

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