New Study Shares Doubts Electric Vehicle Transition Can Really Reduce Carbon Emissions
A new study by the Manhattan Institute is casting doubt on the degree to which electric vehicles (EVs) are reducing carbon emissions and the economic viability of rapidly adopting such vehicles.
The report (pdf), published on July 12 by Manhattan Institute senior fellow Mark Mills, states no one knows how much carbon emissions will decline with a transition from conventional internal combustion engine vehicles to electric vehicles. The report also concludes that no one knows when, if ever, EV prices will reach parity with the traditional vehicle options currently on the market.
Mr. Mills wrote that determining carbon emissions and future costs for EVs is dependent on many variables that could lead to numerous uncertainties….