Nick Loris of The Heritage Foundation explains why California should let markets, not mandates, drive consumer choice for vehicles.
- Governor Newsom’s recent executive order banning the sale of gas-powered vehicles restricts consumer choice.
- Markets are already seeing more demand for electric vehicles, meaning the mandate is unnecessary.
- Government intervention via mandates and incentives disproportionally help wealthy consumers and harm lower-income families.
“What is predictable, however, is that markets will continue to evolve to reflect consumer preferences, and if consumers want electric cars, which they seem to, market forces are a better way to serve that demand.”
Read the full article here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
