Introduction of Electric Vehicles to Ireland: Socioeconomic Analysis

The objective of this study was to undertake a social cost–benefit analysis of the proposed deployment of 230,000 electric vehicles in Ireland by 2020. The study analyzed the socioeconomic costs and benefits of this policy by comparing the environmental benefits, expressed in monetary values, with the associated reduction in tax revenues and the cost of the government’s electric vehicle grant scheme. The study found that the 10% penetration of annual sales by electric vehicles by 2020 would result in a monetary loss of approximately €324 million (US$ 457 million) for the government (0.5% to 1% of total tax revenue expressed at 2009 levels). The primary reason for this shortfall would be a loss in all sources of tax revenue as a result of the electric vehicle penetration rates required to achieve an appreciable reduction in greenhouse gas emissions.

• Record URL:
  https://doi.org/10.3141/2242-08
• Summary URL:
  http://scholar.google.com/scholar_lookup?title=Introduction+of+Electric+Vehicles+to+Ireland%3a+Socioeconomic+Analysis&author=J.+Brady&author=M.+O'Mahony&publication_year=2011
• Availability:
  • Find a library where document is available. Order URL: http://www.trb.org/Main/Blurbs/166535.aspx
• Authors:
  • Brady, John
  • O'Mahony, Margaret
• Publication Date: 2011

Language

• English

Media Info

• Media Type: Print
• Features: Figures; References; Tables;
• Pagination: pp 64-71
• Monograph Title: Sustainability and Livability; Economic, Environmental, and Societal Impacts
• Serial:
  • Transportation Research Record: Journal of the Transportation Research Board
  • Issue Number: 2242
  • Publisher: Transportation Research Board
  • ISSN: 0361-1981

Subject/Index Terms

• TRT Terms: Benefit cost analysis; Electric vehicles; Environmental impacts; Greenhouse gases; Revenues; Socioeconomic factors; Tax receipts
• Geographic Terms: Ireland
• Subject Areas: Economics; Environment; Highways; I10: Economics and Administration; I15: Environment;

Filing Info

• Accession Number: 01337525
• Record Type: Publication
• ISBN: 9780309167628
• Report/Paper Numbers: 11-1740
• Files: TRIS, TRB, ATRI
• Created Date: Apr 21 2011 1:09PM