Author : Youssouf Camara
Publisher : International Monetary Fund
ISBN 13 : 151358281X
Total Pages : 25 pages
Book Rating : 4.5/5 (135 download)
Book Synopsis Electric Vehicles, Tax Incentives and Emissions: Evidence from Norway by : Youssouf Camara
Download or read book Electric Vehicles, Tax Incentives and Emissions: Evidence from Norway written by Youssouf Camara and published by International Monetary Fund. This book was released on 2021-06-08 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper empirically estimates the effects of electric vehicles (EVs) on passenger car emissions to inform the design of policies that encourage EV purchases in Norway. We use exceptionally rich data on the universe of cars and households from Norway, which has a very high share of EVs, thanks to generous tax incentives and other policies. Our estimates suggest that household-level emission savings from the purchase of additional EVs are limited, resulting in high implicit abatement costs of Norway’s tax incentives relative to emission savings. However, the estimated emission savings are much larger if EVs replace the dirtiest cars. Norway’s experience may also help inform similar policies in other countries as they ramp up their own national climate mitigation strategies.