New research in #JAERE shows EV tax credits reduce emissions🌱 and raise welfare— but not without costs. Using a monocentric city model, the authors show a $7,500 credit increases EV adoption from 22% → 49%, expanding city area🏘️ by ~7% and lengthening commutes.🚗
📈 #JaereFigureFriday
📉 #Econsky
3 months ago
