Electric Vehicles, Tax incentives and Emissions : Evidence from Norway /

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...

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Bibliografiske detaljer
Hovedforfatter: Camara, Youssouf
Andre forfattere: Holtsmark, Bjart, Misch, Florian
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2021.
Serier:IMF Working Papers; Working Paper ; No. 2021/162
Fag:
Online adgang:Full text available on IMF
Beskrivelse
Summary: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.
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Fysisk beskrivelse:1 online resource (25 pages)
Format:Mode of access: Internet
ISSN:1018-5941
Adgang:Electronic access restricted to authorized BRAC University faculty, staff and students