BYD, the company which built the battery in the ’90s cellphone, now produces more Electric Vehicles than anyone—and it wants to sell them to you, soon.
William Nordhaus has been writing for four decades about climate change and the value of using prices to reduce carbon emissions. His research shows that raising prices through, say, a carbon tax, is a far more effective and efficient way to lower carbon emissions than direct government controls on the quantity of emissions through, say, regulatory limits on cars and power plants.
Addressing climate change isn’t just about moving to cleaner forms of energy anymore. It’s about literally taking out some of the heat-trapping gases already in our skies.
The Mercedes EQC - whose launch program in Stockholm features yoga in a direct appeal to the Millennials who have flocked to Tesla - is the first production model under the carmaker’s electric EQ sub-brand. It will be closely followed by similarly hyped debuts for BMW and Audi.