Tuesday, March 12, 2013

From the annals of industrial policy (green ed.)

Today's LA Times reports "Nissan shakes up Leaf division with new electric-vehicle chief".  And so it goes for industrial policy.

Bjorn Lomborg recently wrote that "Green Cars Have a Dirty Little Secret."  Actually, he describes more than one.  They produce a lot of carbon emissions in production.  Their electric power comes from carbon-burning plants.  And any net savings do not accrue until they are driven many miles.  Driving them many miles has its perils.  There will be few payoffs as long as so few Leafs are bought.  Very few are bought (in spite of subsidies) because consumers are rightly wary, etc. Read the whole thing.

Lomborg did not speculate how a new chief at Leaf might help.