1、FAILURE TO CHARGEA Critical Look at Canadas EV PolicyA Review of Electric Vehicle Consumer Subsidies in CanadaJock Finlayson and Karen Graham2023A REVIEW OF ELECTRIC VEHICLE CONSUMER SUBSIDIES IN CANADA Jock Finlayson and Karen GrahamEXECUTIVE SUMMARYGlobally,the market for electric vehicles(EVs)is

2、expanding rapidly.Last year,worldwide EV sales exceeded 10 million for the first time,representing 14 percent of all new vehicles purchased,up from less than 5 percent in the late 2010s.Rising EV market penetration reflects greater efficiency in EV and related parts manufacturing,improvements in the

3、 battery and storage technologies that underpin EVs,and the impact of government policies to encourage the devel-opment of the EV industry and boost consumer demand.This essay looks at EV purchase subsidies in Canada,which have been introduced to accelerate market uptake of these vehicles as part of

4、 governments efforts to reduce greenhouse gas(GHG)emissions that contribute to climate change.Transportation accounts for almost one-quarter of Canadas total GHG emissions,so it is not surprising that Canadian policymakers are focusing on emissions from this sector.The subsidies examined in this pap

5、er consist of a national$5,000 EV incentive adopted by the federal government and separate incen-tives implemented by several of the provinces.We evaluate these incentives through three lenses:efficiency,the impact on carbon emissions from the passenger transportation segment,and equity consideratio

6、ns.It is important to note that apart from subsidizing the purchase of EVs,governments in Canada have enacted other policies intended 2 Jock Finlayson and Karen Grahamfraserinstitute.orgto reduce transportation-based GHG emissions.These policies include a minimum national carbon levy,the establishme