Category: Electric Cars|EV Transition|Net Zero|Transport Decarbonisation
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Economics of networks
“Policy should be geared towards raising expectations that the electric car transition will happen quickly. Because of herd behaviour, such expectations can become self-fulfilling.“ The economics of network goods has been overlooked in UK policy design to encourage consumers to switch to electric cars. A network good is one that generates…
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A Systems approach to EV Transition
“Breaking the unvirtuous cycle of ‘low demand-low investment’ requires government to kickstart and remain active stake holders in the new infrastructure to transition not leave this to private markets to sort out.” Solving climate change requires the world to move away from fossil fuel energy use towards renewable energy sources…
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Political lock-in of climate policies
“It is about creating new preferences and identities, locking in existing support while expanding support among new groups that can add their voice and votes to the pressure for a faster transition.” As Barack Obama, US president between 2008 and 2016 and a key player in the 2015 Paris Agreement,…
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