Four principles will likely guide the Trump Administration’s actions on the auto industry in the next several months: (a) tariffs to protect domestic auto industry jobs, (b) fighting against mandates that tilt the playing field toward an EV technology that is both widely unpopular especially for load-carrying vehicles, (c) lowering the overall cost of owning reliable transportation for American consumers, and (d) consumer choice, not government mandates, must drive the auto and truck marketplace.
Trumping the Electric Vehicle Mandate
Trumping the Electric Vehicle Mandate
15 Nov 2024 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, politics - USA, transport economics, urban economics Tags: 2024 presidential election, electric cars
Electric Vehicles: A Tale of Woe in the Absence of the Market Process
09 Nov 2024 1 Comment
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
The Shinkansen and Japan’s Lost Decades
30 Oct 2024 Leave a comment
in applied price theory, economic growth, economics of bureaucracy, industrial organisation, macroeconomics, Public Choice, public economics, survivor principle, transport economics, urban economics Tags: Japan
Japan is known for many things, but two of them are the Shinkansen high-speed trains and the nation’s three Lost Decades of slow economic growth. Unfortunately, most tourists who go to Japan see the former and don’t see the latter and especially don’t see the connection between the two. The … Continue reading →
The Shinkansen and Japan’s Lost Decades
‘Taxpayer Talk’ | Simon Court joins Jordan Williams to talk RMA reform
14 Oct 2024 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, economics of bureaucracy, economics of regulation, environmental economics, income redistribution, law and economics, politics - New Zealand, property rights, Public Choice, public economics, rentseeking, resource economics, transport economics, urban economics Tags: zoning
Transit’s Ride into Irrelevance
10 Oct 2024 Leave a comment
in transport economics, urban economics
Just 3.5 percent of American workers commuted to work by public transit in 2023, according to American Community Survey data recently released by the Census Bureau. That’s down from 5.0 percent in 2019. Since transit ridership so far in 2024 is only about 4 percent more (when measured as a … Continue reading →
Transit’s Ride into Irrelevance
After 30 years, there is hope
27 Sep 2024 Leave a comment
in applied price theory, economics of bureaucracy, economics of regulation, environmental economics, environmentalism, income redistribution, law and economics, politics - New Zealand, property rights, Public Choice, rentseeking, transport economics, urban economics Tags: housing affordability, land supply, zoning
Chris Bishop and Simon Court announced: Two new laws will be developed to replace the Resource Management Act (RMA), with the enjoyment of property rights as their guiding principle, RMA Reform Minister Chris Bishop and Parliamentary Under-Secretary Simon Court say. “The RMA was passed with good intentions in 1991 but has proved a failure in […]
After 30 years, there is hope
Renault CEO says sector could face billions in fines as EV sales slow
27 Sep 2024 1 Comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, transport economics Tags: electric cars
By Paul Homewood h/t Hugh Sharman Europe might not have a ZEV Mandate, but car makers still can’t escape the clutches of the eco loons: PARIS, Sept 7 (Reuters) – Europe’s autos industry could face fines of 15 billion euros ($17.4 billion) for carbon emissions due to slowing demand for electric […]
Renault CEO says sector could face billions in fines as EV sales slow
Second-hand electric car prices falling at faster and faster rate
22 Sep 2024 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, transport economics, urban economics Tags: electric cars
By Paul Homewood h/t Philip Bratby This hardly comes as a surprise! Electric vehicles (EVs) are losing value at an “unsustainable” rate as a slowdown in consumer demand sends used car prices tumbling, leasing companies have warned.
Second-hand electric car prices falling at faster and faster rate
Facts about Britain
22 Sep 2024 Leave a comment
in applied price theory, economic growth, economics of bureaucracy, economics of regulation, energy economics, environmental economics, industrial organisation, labour economics, law and economics, macroeconomics, Public Choice, resource economics, transport economics, urban economics Tags: British politics
Between 2004 and 2021, before Russia’s invasion of Ukraine, the industrial price of energy tripled in nominal terms, or doubled relative to consumer prices. With almost identical population sizes, the UK has under 30 million homes, while France has around 37 million. 800,000 British families have second homes compared to 3.4 million French families. Per capita electricity generation in the UK […]
Facts about Britain
EV Sales Collapse in Germany
21 Sep 2024 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, transport economics Tags: electric cars
Germany has suffered a “spectacular” drop in electric car sales as the European Union faces growing calls to delay its net zero vehicle targets.
EV Sales Collapse in Germany
Pierson on Wellington cycleways
20 Sep 2024 Leave a comment
in politics - New Zealand, transport economics, urban economics Tags: celebrity technologies, cycleways
Lukje Pierson writes: A few weeks back, Wellington City Council published a story summarising what thousands of us think of its priorities for the next decade. Buried on page 40, you’ll find what Wellingtonians really think of the council’s controversial new cycleways. It turns out just 30% of us are happy, while 60% want to […]
Pierson on Wellington cycleways
Why Don’t We Have Flying Cars?
14 Sep 2024 Leave a comment
in economics of regulation, transport economics
In the 1970s the general aviation aircraft industry was selling 15,000 or more aircraft a year but that number fell by a factor of about 10 in the early 1980s. What happened? One factor was a massive increase in tort liability as discussed in my paper with Eric Helland, Product Liability and Moral Hazard: Evidence […]
Why Don’t We Have Flying Cars?
The End of the ISS is Coming but Why and What Will Replace it?
12 Sep 2024 Leave a comment
in transport economics Tags: space
Please legalise new supermarkets
11 Sep 2024 Leave a comment
in applied price theory, economics of regulation, environmental economics, politics - New Zealand, transport economics, urban economics Tags: land supply, zoning
Jaw-dropping bit from the Grocery Regulator, in interview at Interest.co.nz:“What we’ve been told by these players is when they come and they want to open up a large store in New Zealand, the cost to get a spade in the ground is double that of Australia,” he says in a new episode of the Of…
Please legalise new supermarkets
Utopia, you are standing in it! 
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