Along with the massive recent manufacturing investments in electric vehicle (EV) technology and talks of a greener, decarbonized future, there are some not-so-green problems.
In its latest New Energy Finance report, Bloomberg News predicts there will be some 730 million EVs on the road by 2040. The year before, Bloomberg predicted half of all U.S. vehicle sales would be battery electric by 2030.
In Canada, too, there’s talk of a big economic boost with the transition to EVs — including 250,000 jobs and $48 billion a year added to the nation’s economy through the creation of a domestic supply chain.
Governments have already invested tens of billions into two EV battery manufacturing plants in southwestern Ontario. However, they come with the environmental dilemma of what to do with the millions of EV batteries when they reach the end of their life.
“The rules are non-existent,” said Mark Winfield, a professor at York University in Toronto and co-chair of the school’s Sustainable Energy Initiative. "There is nothing as we talk to agencies on both sides of the border, the federal, provincial, state levels.
“In the case of Ontario, the answer was actually that we have no intention of doing anything about this.”
Good point, for certain individuals a personal vehicle is a must, like a tradesperson. You can’t expect a HVAC tech to carry a new heat pump on the train. However, cars should be seen as a luxury that they are, and taxed more to reflect that. This is assuming we start investing into public transportation and make cities walkable.
Ideally, most people wouldn’t need to use a vehicle at all, or could rent one for the times they do need one. You could have a tiered system too, where if you live in a rural or small town where a vehicle is still necessary nothing would change. If you lived in a small or medium city and had a car (outside of job requirements) you paid a small yearly tax. If you lived in a major city and had a car you pay a luxury tax.
A car tax to fund public transit is such common sense, but I don’t see it ever being popular enough to become policy in North America.
Even just making people pay the full cost of car ownership. No more free public parking and a car tax that actually covers the cost of the infrastructure.