Good politics, bad policy: Why governments should end their subsidies for electric vehicles

A 2017 Montreal Economic Institute report estimated a net reduction in GHG emissions of 28.2 tonnes from using an EV rather than an ICE vehicle.3 The authors assumed a 10-year car life and used the provincial subsidies offered for EV and charging station purchases in 2017 for Ontario (up to $14,750) and Quebec (up to $8600). [...] Marginal cost of GHG $752 (PEI) $618 (BC) $355 $964 $512 reductions $710 (NB) $602 (NS) a The $177 per tonne GHG saved would be the total program’s cost in Alberta, Saskatchewan, Manitoba, and Ontario, where only the federal subsidy is available Comparison to the social cost of carbon The appropriate comparison point for determining if EV subsidies are effi- cient is the social cost of carbon, whi. [...] The Macdonald-Laurier Institute is the only non-partisan, independent public policy think tank in Ottawa focusing on the full range of issues that fall under the jurisdiction of the federal government. [...] And our goal is to be an indispensable source of reasoned and timely thought leadership for policy-makers and opinion leaders, and thereby contribute to making Canada the best governed country in the world. [...] Ideas change the world W H A T P E O P L E A R E S A Y I N G A B O U T ML I The Right Honourable The Honourable The Honourable The Honourable Paul Martin Jody Wilson-Raybould Irwin Cotler Pierre Poilievre I want to congratulate the The Macdonald-Laurier May I congratulate MLI The Macdonald-Laurier Macdonald-Laurier Institute Institute has been active in for a decade of exemplary Institute has prod.