In the News Johnson must push G7 to pay billions more in climate aid, say experts
The Financial Times carries a comment piece by Ashley Nunes – a research fellow at Harvard Law School and director for competition policy at the R Street Institute – arguing that hybrid vehicles should be key the the Biden administration’s plans to tackle climate change. Nunes notes that the solution to high vehicle costs is “purportedly subsidies”, but goes on to say: “But if curbing emissions is what taxpayers’ value (I know I certainly do), then subsidising EVs is, to put it mildly, bonkers”. According to Nunes, underwriting hybrid vehicle sales is “a more pragmatic approach”.
