Scott Shackford of Reason writes on California’s plan to ban gas vehicle sales.
- Before California bans the sale of gas-powered vehicles, it must first address power grid concerns.
- The state has phased out electricity generation from nuclear power and replaced it with renewables, which has caused brownouts in the past.
- California must also establish a reliable and secure supply chain of electric vehicles, the majority of which come from China.
“Of course, bans are just generally bad ideas, and most certainly Californians who want to buy gas-powered vehicles are going to purchase them in other states and bring them to California. Since Newsom isn’t willing to wait for technological advancements and market forces to naturally expand E.V. sales, California will probably spend billions in subsidies and rebates to encourage adoption. This will likely result in a wealth transfer upward as poorer taxpayers who can’t afford vehicles end up subsidizing E.V. purchases.”
Read the full article here.
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