If I donate, could you explain how my donation will reduce carbon emissions growing in the parts of the globe where they are already the greatest, and are also growing fastest?
Easy, read the following article, try to absorb what you have read and apply it in the context of an idiotic tax exclusively applied to EVs by a government that ostensibly wants to encourage a transition to sustainable energy and transportation:
https://www.dnv.com/energy-transition/how-norway-evs-have-cut-emissions-globally.html#start
In particular, take note of the following:
"The knock-on effect of that policy contributes to emission reductions outside Norway exceeding those domestically by a factor of more than five. DNV’s estimates show that without the Norwegian EV policy, global CO2 emissions over the period 2010–2050 would have been close to 400 million tonnes higher."
But HOW CAN THIS BE?!? Well, they tell you exactly:
"The cost learning rate for battery technology has been shown historically to be 19%, meaning that a doubling of globally installed battery capacity gives a 19% reduction in battery costs. The next doubling of capacity yields another 19% reduction and so on. The cost of lithium batteries has reduced by 80-90% over the last ten years. The next ten years will not see costs plunge quite as sharply because the installed based is now larger, and each doubling takes longer, but the trend is certainly set; battery storage is going to become dramatically cheaper in the medium term.
Norway’s burgeoning EV fleet has contributed meaningfully to global battery capacity demand in the last half-decade. Thus, had there been fewer EVs in Norway, the global cost of batteries would have been higher than it is today."
Exactly the same mechanism applies to every single EV that is purchased in Victoria over coming years - i.e. it will assist in driving the cost of EVs down around the world... actually, that is exactly what the article says:
"The same will apply in the years to come: if Norwegians buy more EVs (as they surely will), their cost – anywhere in the world – will be a little lower than it would otherwise have been. Lower costs have a self-reinforcing effect: they lead to more sales, which in turn lower costs etc. "
BUT WAIT, THERE IS MORE!!!
"There are also further spin-off benefits. Lower cost batteries also benefit electricity generated by wind or solar that can be stored to gradually replace power from coal and gas-fired power plants, and thus reduce the emissions from the power sector. This in turn will make the charging of EVs greener."
EVs could provide - not the entire solution, but - a good part of the solution to the intermittent nature of renewable energy generation.
Because if my donation doesn't alter any of that then I won't be able to feel I'm doing anything other than participating in good old fashioned "No-Plastic-Straw-for-Me Tokenism".
I doubt that you feel anything... just cool cold-blooded investment decisions... I let others decide, whether or not a campaign fighting an ill-conceived tax on EVs is tokenism or actually a cause worth fighting for.
