New research by the Clean Fuels Development Coalition (CFDC) concludes that the widespread introduction of electric vehicles as a means of reducing carbon emissions presents more challenges than a technology neutral strategy.
Reality EV: No Silver Bullet explores the constraints single fuel source electric vehicles (EVs) must overcome and how it could cost as much as $3 trillion in government/taxpayer investment to replace 50% of the consumer fleet.
CFDC Executive Director Doug Durante said this research is not intended to dismiss the potential contribution of EVs but rather to put them in perspective. “EVs will clearly be a key part of our transportation mix but the reality of cost, consumer choice, re-charging, and many other factors indicates we need to make sure biofuels remain part of the mix,” said Durante. “Mandating EVs and banning the internal combustion engine is simply bad policy, force feeding something that is not ready at the expense of the public.”