Forbes: Are EV Subsidies Environmentally-Friendly or Welfare for the Rich?

Battery electric vehicles have grown in popularity over the last decade, primarily due to their perceived environmental benefits and tax incentives that steer car buyers away from gas-fueled vehicles. However, empirical evidence suggestions that the array of benefits are far overstated, which means that incentives designed to encourage electric vehicle ownership are having adverse consequences on society that outweigh their benefits.

To read the entire commentary, visit Forbes at http://www.forbes.com/sites/stevepociask/2017/02/22/electric-vehicles-environmentally-friendly-or-just-welfare-for-the-rich/#2049b9887b3c.

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