IEA - Ban on diesel & petrol cars will “impose huge costs on drivers”
Dr Richard Wellings responds to ban on new petrol and diesel cars
Responding to the government’s plan to bring forward the ban on new petrol, diesel and hybrid vehicles from 2040 to 2035, Dr Richard Wellings, the IEA’s Head of Transport said:
“The decision to bring forward the ban on new petrol and diesel vehicles is likely to impose huge costs on drivers for environmental benefits that are far from certain, considering the vast amount of energy used in the manufacturing process of electric vehicles.
“Politicians are notoriously bad at picking winners and it will be drivers and taxpayers who are forced to pick up the tab.
“This is a distinctly regressive move from the government. Electric vehicles are likely to remain far more expensive than their petrol and diesel counterparts well into the future, which may force poorer motorists off the road altogether.
“The government has failed to address adequately the challenges of rolling out extensive charging infrastructure across the country – as well as the implications for the already strained power grid – the costs of which are likely to spiral out of control.”
Notes to editors
For media enquiries please contact Emily Carver, Media Manager: 020 7799 8920 or 07715 942731.
The mission of the Institute of Economic Affairs is to improve understanding of the fundamental institutions of a free society by analysing and expounding the role of markets in solving economic and social problems and seeks to provide analysis in order to improve the public understanding of economics.
The IEA is a registered educational charity and independent of all political parties.
Latest News from
IPPR - Investing in a green recovery could create 1.6 million new jobs after Covid crisis, report finds03/07/2020 16:20:00
Plan for a clean and fair recovery, including drive to insulate homes and fit low-carbon heating, is ‘best way’ to boost economy says IPPR
IFS - Career disruption caused by COVID-19 threatens prolonged cost for young workers03/07/2020 15:20:00
There is growing evidence that the lockdown has had particularly negative impacts on young people’s labour market outcomes. New IFS research, funded by the Turing Institute, shows that the COVID-19 pandemic threatens to severely disrupt the career progression of young workers, suggesting that negative economic impacts on this age group may last well beyond the easing of the lockdown.
IPPR - Youth unemployment set to more than double by end of the year according to think tank03/07/2020 14:20:00
£3 billion government intervention needed to create hundreds of thousands of jobs and support young people, says IPPR
Civitas - ‘Schools should reopen fully’ in September – government must ‘drop all requirements for children to practice social distancing with immediate effect’, says think-tank report02/07/2020 14:35:00
Given the expectation for school reopening plans in England to be unveiled by the government this week, the government should ‘drop all requirements for children to practice social distancing with immediate effect’, urges a new Civitas report.
Adam Smith Inst - Real New Deal is Boris' Promise of Planning Reform02/07/2020 13:35:00
Despite worrying news of an interventionist ‘New Deal’ for the country, the best noises from the Prime Minister Boris Johnson in his speech in Dudley come in the detail of promised planning reform. Much of which builds on suggestions the ASI has made in recent months and years — including the great research work done by London YIMBY’s John Myers.
JRF responds to the Prime Minister’s speech promising a 'New Deal' for Britain02/07/2020 12:35:00
Helen Barnard, Acting Director of the Joseph Rowntree Foundation responded to the Prime Minister’s speech promising a 'New Deal' for Britain
IPPR North responds to PM’s ‘Build Build Build’ speech02/07/2020 11:35:00
IPPR North Director Sarah Longlands responded to the PM’s ‘Build Build Build’ speech
IEA responds to PM’s plan for the UK’s economic recovery02/07/2020 10:35:00
IEA Senior Academic Fellow Professor Philip Booth responded to the Prime Minister’s plans for the UK’s economic recovery post Covid-19
PM Speech: IPPR reacts to planning and housing plans that ‘fall woefully short’ of what is needed02/07/2020 09:35:00
High Streets put at risk due to plans to reform planning laws, says IPPR
IPPR - Covid housing affordability crisis: three quarters back call for dedicated, affordable housing for key workers30/06/2020 15:35:00
An IPPR report today, together with new polling commissioned by the think tank, warns that housing affordability issues are set to intensify due to Covid-19, with those on low incomes and privately renting most affected.