The role of markets

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Question 52
Easy

Extract 1: Urban Logistics and Last-Mile Deliveries

Public investment in clean transport infrastructure and low-emission zones is a major focus for metropolitan authorities. Government intervention to address market failure from diesel-powered light commercial vehicles (LCVs), which are overconsumed in the free market, is deemed vital to meeting municipal air-quality and net-zero goals. However, despite urban congestion charges and clean air zone penalties costing logistics operators nearly £85m in 2023, the data in Fig. 1.1 shows that diesel LCVs remain the primary mode of last-mile urban delivery.

Fig. 1.1: Metropolitan last-mile delivery fleets by primary propulsion type, 2023

Propulsion / Vehicle TypeActive vehicles (thousands)
Cargo Bikes (manual/e-assist)12
Electric Vans (e-LCVs)8
Hybrid LCVs15
Diesel LCVs110
Petrol LCVs/Cars45
Walking couriers5

Explain, using the information in Extract 1, why diesel LCVs may be overconsumed in the free market.

[2]

The role of markets Questions

  1. A Level
  2. /Economics
  3. /The role of markets