"Electric cars" is the answer to the question: What is the most expensive way to cut a tonne of CO₂ according to just-published research? https://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.32.4.53 …pic.twitter.com/xEx1Jpn1WB
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thanks to @Whey_standard, this perhaps needs a clarification:
It is "the current policy of subsidies for electric cars" that is the most expensive way to cut a tonne of CO₂e
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I have no doubts per se. But sometimes subsidy (expensive) can help a field to get on its own feet - after which we get sustained positive impact without need for subsidy. Measuring the role of early support in later adaptation is hard.
Kiitos. Käytämme tätä aikajanasi parantamiseen. KumoaKumoa
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Solar PV subsidies are shown here as being even more expensive though eg the midpoint is double that of EV subsidies
Kiitos. Käytämme tätä aikajanasi parantamiseen. KumoaKumoa
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The ranges for "low carbon fuel standard" and "solar photovoltaics subsidies" suggest those might well be more far expensive per tonne.
Kiitos. Käytämme tätä aikajanasi parantamiseen. KumoaKumoa
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That doesn't take into consideration the possible disruption of the whole auto industry by EVs.
Kiitos. Käytämme tätä aikajanasi parantamiseen. KumoaKumoa
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