Reducing greenhouse gas emissions by subsidizing electric cars.

" /> Reducing greenhouse gas emissions by subsidizing electric cars.

" /> Reducing greenhouse gas emissions by subsidizing electric cars.

" /> Reducing greenhouse gas emissions by subsidizing electric cars.

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Energy Policies

1-minute read

Do We Need to Subsidize the Purchase of Electric Cars?

While there were only 100,000 electric cars in the world at the beginning of 2012, the number of units on the road passed the 400,000 mark in early 2014. The subsidies offered by various governments have had a lot to do with this very rapid increase. These are motivated in large part by reduction targets for greenhouse gases (GHGs) and for the consumption of petroleum products. In Canada, the transportation sector emits nearly a quarter (24%) of all GHGs. This is why Ontario and Quebec are proposing incentives to electrify personal transportation.

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