EVs among the most cost efficient ways to reduce Co2 emissions:
Electric cars in Norway causes large cuts in CO2 all over the world
The substansial amount of criticism against Norwegian electric car policy: It is expensive and gives small CO₂ cuts. New calculations show that this is completely wrong.
The climate effect is actually very large, not least outside Norway's borders. Electric cars have become cheaper all over the world as a direct result of the huge sales in Norway, according to estimates from DNV GL.
DNV GL has estimated that Norway has 250,000 more electric cars than we would have had without the government's electric car policy. Without the economic incentives, the electric car share in Norway would have been below 1 per cent, as it is in most other countries.
Chief Researcher Sverre Alvik of DNV GL says the large sale of electric car in Norway has helped to push down the price of batteries and electric cars worldwide. This has led to higher sales in other countries than it would have been without the Norwegian effort.
- New technology, such as batteries, becomes cheaper the more you produce. Then more people in other countries will choose to buy electric cars. We have made calculations that show that the total global CO₂ emissions in the period 2010-2050 would have been almost 400 million tonnes higher without Norwegian electric car policy, he says.
A major reason why the price of lithium batteries has been reduced by almost 90 per cent in the last ten years is the large electric car sales in Norway.
If you include the global emissions gain, the cost of about NOK 250 per tonne. tons of CO₂, instead of NOK 1500, among the lowest among measures listed in the Klimakur report, which was presented earlier this year, says research leader Sverre Alvik.
However, the new findings are not unique. The same trend is seen everywhere new green technology is used. The cost of developing solar and wind power has also fallen sharply in recent years.
Source:
Norske elbiler gir store CO2-kutt i hele verden
Source:
DNV GL's Energy Transition Outlook 2019
