New Study Shares Doubts Electric Vehicle Transition Can Really Reduce Carbon Emissions

Electric vehicles are charging at a charging station in Monterey Park, Calif., on April 12, 2023. Frederic J. Brown/AFP via Getty Images

A new study by the Manhattan Institute is casting doubt on the degree to which electric vehicles (EVs) are reducing carbon emissions and the economic viability of rapidly adopting such vehicles.

The report (pdf), published on July 12 by Manhattan Institute senior fellow Mark Mills, states no one knows how much carbon emissions will decline with a transition from conventional internal combustion engine vehicles to electric vehicles. The report also concludes that no one knows when, if ever, EV prices will reach parity with the traditional vehicle options currently on the market.