controlled divided carriageway. The existing 4 lane section of NH-8 between Delhi and Gurgaon with more than 20 intersections, witnessed high vehicular density (145,000 Passenger Car Units (PCUs)/day) that led to increase in fuel wastage, accidents, congestion and excessive
(Hess et al. 2012). Furthermore, charging points should be improved in their structure to reduce the charging time, as well as made more easily and widely available. Companies have already started to create “fast charging systems [that are] capable to charge a battery from 0% to 50% in a few minutes are being developed” (Hess et al. 2012). In addition, as recommended by the European Environment Agency, “a dense charging infrastructure is needed in public spaces to permit frequent recharging during idle
CHAPTER-III ENVIRONMENTAL PROTECTION: THE POLICY Environmental degradation affects national welfare by damaging human health, economic activities and ecosystems. Because environmental problems represent a classic externality,’ some government regulation is generally warranted. From an economist’s perspective, desirable regulation should weigh two factors: the benefits associated with reduced environmental damage, and the opportunity cost of mitigation. In reality, the extent and focus of government