But pollution isn’t the most significant cost when it comes to cars. About 80 percent of the damage cars cause overall comes from accidents and congestion. For these effects, it makes no difference if a driver is in a Tesla or a BMW. All of which is to say that buying, or subsidizing, electric cars doesn’t help with the biggest social problems with cars, and it is certainly not a good investment from a climate standpoint. Look at the costs we pay. The average subsidy spent on electric cars globally is about $10,000 per car. Each car saves eight tons of carbon dioxide over its lifetime, a
...more