With the increase of car ownership, mobile pollution has become an important source of air pollution, which makes it more difficult for China to control air pollution. In order to control mobile pollution from automobile exhaust, China has taken a series of comprehensive measures. The paper studies the emission reduction effect from the perspective of flow pollution and stock pollution. First of all, the paper uses the actual emission data of motor vehicles to study the emission reduction effect by gasoline and diesel vehicles. The results show that: (1) Fuel price, fuel tax (except diesel), and emission and gasoline standards have an emission reduction effect on gasoline vehicle exhaust control, while the restriction has no effect. (2) In gasoline cars, the emission reduction effect in the Middle East is more significant than in the West, and the effect in the West is better than that in the Middle East. (3) As for diesel vehicles, the effect of policy in the West is superior to the East. Further, the east is better than in the middle. Secondly, based on the actual emission data of Chinese motor vehicles, the paper simulates the change value of stock pollution from automobile exhaust under different policies, and concludes that the economic effect of policy depends on the ecological absorption rate and discount rate. When the net discount value NPV is positive, the government should do its best to interfere with the emission of automobile exhaust. When the net discount value NPV is negative, the government doesn’t have to interfere with the emission of automobile exhaust.
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