09 Nov 2024
by Jim Rose
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, industrial organisation, politics - USA, survivor principle, transport economics, urban economics
Tags: electric cars
There is a market for electric vehicles, but government mandates and subsidies—regulators predicting winners and losers—cause more harm than good. By forcing technology into widespread use before it is ready for primetime, governments are causing consumers to resist EVs. Instead, government regulators should allow consumer demand, competition, and the “market process” to guide EV adoption.
Electric Vehicles: A Tale of Woe in the Absence of the Market Process
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