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Motorists Face £700 Billion Bill For Going Electric

by Dr. Benny Peiser, guest post
November 27, 2020, 8:19 AM
in News and Opinion
Reading Time: 1 min read
A A
6

electric car charging stationA new estimate of the cost of decarbonizing private transport suggests that motorists might have to foot a bill for £700 billion if they want to stay on the roads. Ongoing motoring costs could double.

According to author Andrew Montford, the great uncertainty is the future cost of battery electric vehicles:

“EVs are currently much more expensive than equivalent petrol cars – in the case of the VW Golf, nearly 40% more expensive. It’s anyone’s guess whether that cost differential will shrink as mass production kicks in, or whether it will grow as competition for scarce minerals in EV batteries increases.”

If the differential is maintained, then by 2050 each household might have spent an average of an extra £19,000, once infrastructure like chargers and upgraded wiring are taken into account.

And the ongoing costs of motoring will be much higher too. As Montford explains,

“Several aspects of EVs make them more costly than petrol cars – the need to renew batteries, the time wasted at charging points, the need to find alternative transport when their range is inadequate. That’s only going to get worse as electricity prices soar in the future. We could easily see the cost of motoring double. The working classes are going to be driven off the roads.”

The cost sheet “Cost of Decarbonizing Cars” is available here (pdf)

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Comments 6

  1. Ian Hughes says:
    5 years ago

    The peer-reviewed environmental experiment that was coronavirus shutdown has clearly shown that human-produced CO2 has an almost undetectable effect on atmospheric CO2 levels, backed up by the discovery that the warming effect of atmospheric CO2 is strictly limited. Thus, no need to limit internal combustion engine use for that reason…EVs have some benefits, but they are expensive and polluting.

  2. Spurwing Plover says:
    5 years ago

    wind Turbines and Solar Panels not good for Birds especialy the big ones like Eagles and Condors and still the Eco-Freaks support the darn things

  3. chaamjamal says:
    5 years ago

    Maybe it would be cheaper to pay NGOs to push the equivalent climate change in third world countries – as in forest preservation, and assume that emission reduction in the UK emission account.

    https://tambonthongchai.com/2020/11/28/the-incredible-beauty-of-forest-cover/

  4. Gumnut says:
    5 years ago

    Can’t wait for the new wind and solar powered electric combine harvesters that will be needed for the veganism for eight billion people project.

    Saving the planet was never meant to be easy.

  5. Graham McDonald says:
    5 years ago

    “The working classes are going to be driven off the roads.”

    If you were born after 1990 it might be advisable to start looking at “Do It Yourself” skills – plumbing, roofing, electrical repairs, cleaning out septic tanks etc. All the tradesmen who are proficient in these fields probably won’t be able to get to you rapidly (if at all) with their equipment and supplies because they are forced to use – public transport.

  6. Spurwing Plover says:
    5 years ago

    Their finding out that Going Green is not Cheap Yeah Go Green Go Broke

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