Oireachtas Joint and Select Committees

Tuesday, 18 June 2019

Committee on Budgetary Oversight

Budgetary and Fiscal Implications of Climate Change: Discussion

Mr. Kevin Brady:

This is anecdotal evidence, but what we are hearing in talking to those involved in the motor industry, etc. is that there are supply constraints. It is not clear that additional incentives would lead to a significant uptake in the short term. There could be an element of deadweight loss. There are waiting lists for cars. Countries are competing for the limited worldwide supply of electric vehicles. It will be in the middle part of the next decade when price parity will increase the range and supply. That is being viewed as the key point of inflection.

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