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.