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Congressional Budget Office estimates US federal policies promoting EVs and other fuel-efficient vehicles will cost $7.5B through 2019; little or no impact on gasoline use and GHG in the short term

Green Car Congress

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. billion through 2019. Effects of Federal Tax Credits for the Purchase of. Source: CBO. Click to enlarge. Cultivate local PEV clusters. Electric Vehicles.

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We Need More Than Just Electric Vehicles

Cars That Think

Our 2020 study , published in Nature Climate Change , found that manufacturing a typical EV sold in the United States in 2018 emitted about 7 to 12 tonnes of carbon dioxide, compared with about 5 to 6 tonnes for a gasoline-fueled vehicle. In our model, using electricity from the 2019 U.S. falls somewhere in the middle, deriving.