We had a sneaking suspicion that this would be the case: electric vehicles would turn out to be fundamentally more destructive/dangerous to the environment. But dangerous in what way? The levels of production and release of carbon dioxide into the atmosphere, of course.
A study by the IFO think tank in Munich found that electric vehicles in Germany emit 11 percent to 28 percent more carbon dioxide than their diesel counterparts. The study considered the production of batteries as well as the German electricity mix in making this determination. Germany spent thousands of euros on electric car subsidies per vehicle to put a million electric vehicles on the road, but those subsidies have done nothing to reach the country’s greenhouse gas emission targets. This is just the latest example of government programs expecting one outcome and getting quite another, instead. To some it is ironic; to others it is funny. At IER, we believe it to be sad, as it is a waste of time and money that could be better put to use solving real problems.In one sense this is all a storm in a teacup.