Electric Vehicles Good for Ontario Economy

According to a new report from the non-profit Windfall Centre, Ontario’s economy would enjoy major economic benefits from increased electric vehicles (EV’s), including considerable energy savings, government revenue, and thousands of new skilled, well-paid jobs in manufacturing, research, business and professional services, and infrastructure development. 

According to Windfall, these benefits would outweigh losses in other sectors, including oil and gas and Ontario’s sagging gasoline vehicle manufacturing sector. The report estimates that if 10% of Ontario’s passenger vehicles were to be electric by windfall2025, the province’s total income would increase by more than $3.6 billion with an added 34,000 person years of work. 

The importance of such a conversion is underlined in a September report from the Partnership on Sustainable Low Carbon Transport. “Without transport contributing in a significant manner to the mitigation of climate change it will not be possible to shift to a global stabilization pathway that can keep warming below 2 Degrees Celsius above pre-industrial levels”.  

California’s Governor Jerry Brown also cast his vote for EV’s in September with S.B. 1275, The Charge Ahead California Initiative, to get 1 million EV’s driving in the state by 2020. Governor Brown’s decision was celebrated by the BlueGreen Alliance, who noted that most EV’s in California are union-made in the U.S. 

LINKS: 

The Economic Impact of Electric Vehicle Adoption in Ontario is available at: http://www.windfallcentre.ca/drive-electric/studies/ev-adoption/report/

For more about electric vehicles, see “Plugged in: Electric Vehicles Coming to Canada in 2015” from the Globe and Mail at: http://www.theglobeandmail.com/globe-drive/culture/technology/plugged-in-electric-vehicles-coming-to-canada-in-2015/article20592549/, or follow the Electric Vehicle News Blog at FleetCarma at: http://www.fleetcarma.com/category/electric-vehicle-news/ 

Land Transport’s Contribution to a 2°C Target is at: http://www.slocat.net/transporttwodegree   

“The Effort to Get One Million Electric Vehicles on California’s Roadways Just Got A Jumpstart” from BlueGreen Alliance is at: http://www.bluegreenalliance.org/blog/the-effort-to-get-one-million-electric-vehicles-on-californias-roadways-just-got-a-jumpstart

 

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