Fact checkI spent a couple hours yesterday googling and reading what I could find on the cost of ice versus EV vehicles. I wasn't able to find a single study that attempted to fully examine the issue
In Canada, between the feds and the provinces, they raise almost 15B in taxes on fuel. With 22M vehicles registered, if fuel taxes are eliminated, then add 650 a year onto the annual registration cost of an ev to cover that. Over 10 years, that adds 6500 to an ev.
Then examine the cost to build the electrical generating capacity and the buildout of charging infrastructure. Neither can be achieved in 12 years let alone what it would cost to achieve it.
Cars rust in Canada. Less so in the US. Battery replacement is a real thing. Given the average age of a car in the US, the only possible outcome of a switch to EVs is a reduction in the age of cars because battery replacement is stupidly expensive. That means more mining, more waste etc. and the electrical generation is a bigger issue south of the border. If there isn't mass adoption of ev vehicles south of the border, then it'll never happen north of the border because the market is too small. The feds can mandate ev vehicles all they want but they can't force manufacturers to sell in this market.
Anyway, I'd like to read a real paper on the subject. One written by economists and financial analysts that examines the real costs of this vehicle transmission
But that's not likely to happen because from my admittedly limited research the costs are staggering