The objective of this study was to undertake a social cost–benefit analysis of the proposed deployment of 230,000 electric vehicles in Ireland by 2020. The study analyzed the socioeconomic costs and benefits of this policy by comparing the environmental benefits, expressed in monetary values, with the associated reduction in tax revenues and the cost of the government's electric vehicle grant scheme. The study found that the 10% penetration of annual sales by electric vehicles by 2020 would result in a monetary loss of approximately €324 million (US$ 457 million) for the government (0.5% to 1% of total tax revenue expressed at 2009 levels). The primary reason for this shortfall would be a loss in all sources of tax revenue as a result of the electric vehicle penetration rates required to achieve an appreciable reduction in greenhouse gas emissions.


    Access

    Download

    Check availability in my library

    Order at Subito €


    Export, share and cite



    Title :

    Introduction of Electric Vehicles to Ireland


    Subtitle :

    Socioeconomic Analysis


    Additional title:

    Transportation Research Record: Journal of the Transportation Research Board


    Contributors:


    Publication date :

    2011-01-01




    Type of media :

    Article (Journal)


    Type of material :

    Electronic Resource


    Language :

    English




    Introduction to Electric Vehicles and Hybrid Electric Vehicles

    Maheswari, K. Latha / Kavitha, S. / Kathiresh, M. | Springer Verlag | 2021


    Introduction to Electric Vehicles (EVs)

    Rim, Chun T. / Mi, Chris | Wiley | 2017



    Market Introduction of Electric Vehicles in Sweden

    Fjallstrom, M. / Lewald, A. / Japan Electric Vehicle Association et al. | British Library Conference Proceedings | 1999