The Daily Stat: Electric Cars Cost a Lot and Reduce Carbon Very Little

Are you having trouble viewing this email? If so, click here to see it in a web browser. HOME   |   BLOGS   |   THE MAGAZINE   |   BOOKS   |   AUTHORS   |   STORE RSS   |   Mobile DECEMBER 13, 2012 Electric Cars Cost a Lot and Reduce Carbon Very Little An analysis of purchase cost, battery cost, electrical efficiency, electricity prices, fuel efficiency, fuel prices, car life, maintenance, and other factors shows that an electric vehicle costs the consumer some 12,000 euros more, on average, than a gasoline car, and costs society 14,000 euros more, while the gains in carbon-dioxide emissions are very small, say Remy Prud'homme of UPEC and Martin Koning of the Centre d'Economie de la Sorbonne, both in Paris. Unless massive cost and efficiency improvements are achieved, the subsidies being provided to promote electric vehicles will be money wasted, the researchers say. Source: Electric Vehicles: A Tentative Economic and Environmental Evaluation Share Today's Stat: FEATURED PRODUCT Better Decision Making Collection Special Collections Why do smart and experienced managers keep believing they have made the right choice, even when negative results are staring them in the face? This specially-priced collection will help people at all levels understand the fundamental practices of effective decision making and negotiation skills so they can make better choices in both their professional and personal lives. Save 30% off the regular prices when you order this special collection — and start making smarter choices today. ADVERTISEMENT Follow the Stat: BEST SELLERS HBR's 10 Must Reads: The Essentials HBR's Must Reads Library Set Guide to Persuasive Presentations Guide to Better Business Writing Guide to Getting the Right Work Done PREVIOUS STATS Criminals Are More Likely to Target You If You're Seen as Socially Deviant Hackers Make a Killing by Locking PCs and Demanding Money Will Your Firm Switch to Once-a-Year 401(k) Payments? Pain Makes You Indulge Afterward Mom and Dad's Attitude About Risk Affects Kids' Achievement Under-the-Table Is the Way to Get Public Contracts in China Companies' Political Activities Hurt Shareholder Value Materialism Underlies Singapore's Low Birth Rate Why Firms with Female Directors Make Fewer Financial Mistakes Is Paying Down the U.S. Debt a Worthy Cause? Introducing Mobile ManageMentor Powered by the proven content of Harvard ManageMentor™ iTunes >> Android >> UNSUBSCRIBE   |   UPDATE YOUR PROFILE   |   MORE EMAIL NEWSLETTERS   |   PRIVACY POLICY Was this email forwarded to you? If so, sign up to start receiving your own copy. ABOUT THIS MAILING LIST You have received this message because you subscribed to the "The Daily Stat" email newsletter from Harvard Business Review. If at any point you wish to remove yourself from this list, change your email address, or sign up for other email newsletters and alerts, please visit the Harvard Business Review Email Newsletter Preference Center. OPT OUT If you do not wish to receive any email messages from Harvard Business Review, click here. ADVERTISE WITH HBR This enewsletter is read by thousands of decision makers every day. Learn more about connecting your brand with this audience. Copyright © 2012 Harvard Business School Publishing, an affiliate of Harvard Business School. All rights reserved. Harvard Business Publishing | 60 Harvard Way | Boston, MA 02163 Customer Service: 800-545-7685 (+1-617-783-7600 outside the U.S. and Canada)