Automotive High-Performance Electric Vehicles Market to Develop as a Study Finds that Electric Cars cause less to no Pollution even when Indirect Emissions are Considered
The United States has recently announced an increase in budget for Electric Vehicles. The decision, however, has led to concerns from various analysts who are apprehensive of accurate pollution statistics of the Electric Vehicle sector. Their statements primarily focused on indirect emissions resulting from vehicle component supply chains and the fuels used to power the electricity that charges the vehicles.
A recent study has shed light on the debate. It provided evidence that total indirect emissions from electric vehicles are negligible compared to fossil fuel-powered vehicles. This is in addition to direct emissions from fossil fuel combustion, which are emitted either at the tailpipe of traditional automobiles or at the smokestack of power plants for electricity generation. The study is incredibly relevant for Automotive High-Performance Electric Vehicles Market as it demonstrates that electric vehicles have a significant emissions advantage over conventional cars.
The primary concern within the electric vehicle sector is the supply chain that consists of mining and processing raw materials, and the manufacturing of batteries is not very clean. However, if these vehicles are priced as per their carbon emission, the price range of electric cars would be outrageous. However, that is not the actual scenario. Electric vehicle sales will rise if the playing field is balanced by charging carbon in the fossil fuel vehicle supply chain.
The team was influenced by concepts of industrial ecology and energy economics. In particular, they liked the model energy systems, carbon pricing, and life cycle assessment. They investigated whether electric vehicles were still low on caron emission if indirect emissions were also included.
The study also considered future technological progress, such as decarbonizing the electrical supply. The team concluded that electric vehicles remained environmentally friendly even when indirect supply chain emissions were considered.
Researchers completed a life cycle assessment that yielded indirect emission outputs integrated into the NEMS (National Energy Modeling System) model. This was done to see how a carbon price on these indirect emissions might affect consumer and manufacturer behavior.
In practice, the supply chain for fossil fuel-powered vehicles, rather than electric ones, is the primary source of concern. Finally, the researchers stated that the sooner people transition to electric vehicles, the better in places like the United States, where the electrical grid is sufficiently decarbonized.
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