Pundits suggest electric car sales will dominate in just a few decades but the reality is starkly different. The Biden administrationthat in 2050 more than two-thirds of all cars worldwide will still be gas or diesel.
Ultimately, the reason electric cars are championed is their promised emission reductions. Yet, the IEAthat even if the world achieves its ambitious stated electric vehicle targets by 2030, the additional saved CO2 emissions over this decade will be 235 million tons. The standard climate model used by the Intergovernmental Panel on Climate Change suggests this will reduce global temperatures by only 0.0001°C by 2100.
Electric vehicles will only take over when innovation has made them better and cheaper than gas-powered cars. But politicians want the change now and are planning to waste hundreds of billions of dollars subsidizing electric cars, blocking consumers from choosing the cars they want, to achieve virtually nothing for the climate.
Bjorn Lomborg is president of the Copenhagen Consensus and visiting fellow at Stanford University’s Hoover Institution. His latest book is “False Alarm: How Climate Change Panic Costs Us Trillions, Hurts the Poor, and Fails to Fix the Planet.”
This can't be true. PMJT said EV was the best thing since sliced bread.
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: SaltWire Network - 🏆 45. / 63 Read more »
Source: SaltWire Network - 🏆 45. / 63 Read more »