This is almost just me hating on subsidies, preferring that we just tax fuels proportional to their carbon content and let market forces decide how to distribute that distortion.
That probably is better baseline policy from a carbon minimization perspective, yeah; I have similar objections to the fleet mileage penalties imposed on automakers in the US, which ended up contributing among other things to a good chunk of the SUV boom in the ’90s and ’00s. Now, I can see an argument for subsidies or even direct grants if they help kickstart building EV infrastructure or enable game-changing research, but that should be narrowly targeted, not the basis of our entire approach.
Unfortunately, basic economic literacy is not exactly a hallmark of environmental policy.
That probably is better baseline policy from a carbon minimization perspective, yeah; I have similar objections to the fleet mileage penalties imposed on automakers in the US, which ended up contributing among other things to a good chunk of the SUV boom in the ’90s and ’00s. Now, I can see an argument for subsidies or even direct grants if they help kickstart building EV infrastructure or enable game-changing research, but that should be narrowly targeted, not the basis of our entire approach.
Unfortunately, basic economic literacy is not exactly a hallmark of environmental policy.