What does this mean in terms of electric cars? Even if an electric car was power through a coal plant the cost of operation would be less than half that of a gas car.
A good article on this report and be found through this link.
Tuesday, 8 August 2017
Fossil Fuels Still Subsidized $3.80 per gallon?
A study published in the World Development journal has found that 6.5 percent of the worlds GDP goes to subsidizing fossil fuel. If we were to put this subsidy towards green energy imagine how quickly we could transition. Imagine if the fossil fuel companies put their profits toward green energy rather than more exploration or expansion. If we were to include the costs of pollution into the cost of fossil fuel you would have to add $3.80 to every gallon of gasoline and $4.80 to every gallon of diesel according to a study by Drew T. Shindell (former NASA, now Professor at Duke University). Similar costs are associated with coal and gas.
What does this mean in terms of electric cars? Even if an electric car was power through a coal plant the cost of operation would be less than half that of a gas car.
A good article on this report and be found through this link.
What does this mean in terms of electric cars? Even if an electric car was power through a coal plant the cost of operation would be less than half that of a gas car.
A good article on this report and be found through this link.
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