So again we have public policy intended to manipulate private behavior and hand politically chosen technology an unearned advantage in the marketplace. The lesson that should be learned is that government meddling produces outcomes, some foreseen, some not, that have consequences.
Sept. 30 was the last day of the generous, sales-boosting federal subsidies for electric-vehicle purchases. It was also the final day that EVs could access carpool lanes with only the driver in the car.
For years, various low- and zero-emission automobiles have been the darlings of policymakers, such as Gov. Gavin Newsom, former Gov. Jerry Brown, a host of Sacramento lawmakers, activists and consumers who felt the need to show off their green bona fides. To the astonishment of no one, they became particularly popular in California. But now a curiosity arises: How will their popularity fare without special government treatment?
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.
Will EV market survive without subsidies?
Kerry Jackson
So again we have public policy intended to manipulate private behavior and hand politically chosen technology an unearned advantage in the marketplace. The lesson that should be learned is that government meddling produces outcomes, some foreseen, some not, that have consequences.
Sept. 30 was the last day of the generous, sales-boosting federal subsidies for electric-vehicle purchases. It was also the final day that EVs could access carpool lanes with only the driver in the car.
For years, various low- and zero-emission automobiles have been the darlings of policymakers, such as Gov. Gavin Newsom, former Gov. Jerry Brown, a host of Sacramento lawmakers, activists and consumers who felt the need to show off their green bona fides. To the astonishment of no one, they became particularly popular in California. But now a curiosity arises: How will their popularity fare without special government treatment?
Read the op-ed here.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.