Abstract
The cost effectiveness of various emission reduction diesel retrofits is analyzed, as is early vehicle retirement. An integer program is developed to find cost-minimizing cleanup strategies, given reduction goals for various pollutants, as well as technological and budget constraints. Retrofitsare assumed to take place in the present, but benefits and costs can be distributed over time. Budget constraints deal with short-term expenditures, while the overall objective is to minimize the net present value of short and long-term costs. The model is intended as a tool both for fleet owners and for government administrators. A case study examines the potential to clean up a diesel school bus fleet. (A) Reprinted with permission from Elsevier.