Electric cars are a bad deal

Bjørn Lomborg:
It is time to stop our green worship of the electric car. It costs us a fortune, cuts little CO2 and surprisingly kills almost twice the number of people compared with regular gasoline cars.

Electric cars' global-warming benefits are small. It isadvertised as a zero-emissions car, but in reality it only shifts emissions to electricity production, with most coming from fossil fuels. As green venture capitalist Vinod Khosla likes to point out, "Electric cars are coal-powered cars."

The most popular electric car, a Nissan Leaf, over a 90,000-mile lifetime will emit 31 metric tons of CO2, based on emissions from its production, its electricity consumption at average U.S. fuel mix and its ultimate scrapping. A comparable diesel Mercedes CDI A160 over a similar lifetime will emit 3 tons more across its production, diesel consumption and ultimate scrapping.

The results are similar for the top-line Tesla car, emitting about 44 tons, about 5 tons less than a similar Audi A7 Quattro.

Subsidies vs. savings

Yes, in both cases the electric car is better, but only by a tiny bit. Avoiding 3 tons of CO2 would cost less than $27 on Europe's emissions trading market. The annual benefit is about the cost of a cup of coffee. Yet U.S. taxpayers spend up to $7,500 in tax breaks for less than $27 of climate benefits. That's a bad deal.
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There is much more.

My chief complaint with them is their limited range and their long recharge time.  That makes them pretty inconvenient for traveling beyond the rage of a golf course.  Even with the tax credit they are too expensive and if you have to replace the batteries many people would have to take out a new loan to finance it.

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