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Originally Posted by MalcolmTucker
You're confusing government extra special environmental subsidy with investment. And assuming that only government extra special environmental subsidy is the way to change investment preferences. Carbon pricing exists, most likely will continue to exist, and to meet our Paris obligations will need to continue to increase.
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And you are assuming that carbon pricing is all that is necessary to achieve our Paris obligations, despite the auditor general saying otherwise. Not to mention that it's quite the assumption to assume that the public will keep supporting increases beyond $50/tonne.
Quote:
Originally Posted by MalcolmTucker
Government, companies, and private individuals make all sorts of investments all the time based on the economic conditions which exist. I am saying: technology which displaces carbon has mostly won the economic argument, so for extra special climate investment, you have to look to where it hasn't, and where you can get the best bang for the buck, or are trying to advance a tech which you need in the future to displace carbon. Supporting already economic tech in an extra special way can lead to less reductions overtime!
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Virtually every country that has cut emissions has done so by cutting emissions in the power generation and transport sectors. For the latter, it's widely acknowledged that electrification has to be included (alongside policy options like better urban design, active transport, etc.). Electrification of transport is seen as offering decent return elsewhere. What makes Canada so special?
Also, you say there are alternatives which offer better returns. What are they?
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Originally Posted by MalcolmTucker
Supporting an electric bus program in 2010 as an extra special climate program when they barely existed: super awesome! Today? Meh.
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It's a good thing I didn't suggest the federal government subsidize the purchase of electric buses.
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Originally Posted by MalcolmTucker
What could the government do instead: refuse to fund diesel bus purchases except in exceptional circumstances after 2025 for example.
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Or we could simply spend the subsidies we might dole out to transit agencies to buy buses, building the infrastructure they need so that they can acquire electric buses today. No need to wait till 2025. Companies like
Proterra will literally offer financing because they can model the operational cost savings and make it cheaper than diesel. All that is needed is a place to charge the buses.
Quote:
Originally Posted by MalcolmTucker
This is money for extra special climate initiatives. There are plenty of reasons to invest in general. We just shouldn't try to justify investments on a pretty weak basis, as it undermines long term support for spending. The government could invest $250 billion on electrical transit over the next 10 years, long distance and short distance, and only reduce emissions by less than 10 megatonnes a year. If I sold the program to the public as a climate program, that looks like a huge miss, undermining long term support for such spending.
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$250 billion? Where did you get that figure? I've suggested $2-4 billion wiring up bus depots and garages. This is all that is needed to let the transit agencies then spend what they normally would, but on BEBs instead of diesel buses.
Quote:
Originally Posted by MalcolmTucker
I don't think upper levels of government should dictate what is best to lower levels of government, it violates the principle of subsidiarity, and leads to inefficiencies. Creating extra special funding for a very specific intervention is not the way to reduce emissions the most.
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The government gives specific funds with specific targets all the time. If your province violates the specific standards laid out in the Canada Health Act, they won't be getting health transfers. The feds give out money for specific infrastructure or specific sectors all the time. Government wants to promote certain sectors? Your startup or university research lab will only get funding in that sector. Their money. Their rules.
Quote:
Originally Posted by MalcolmTucker
And yes, it is different than funding public EV charging infrastructure. Public EV charging infrastructure right now addresses a barrier to adoption that is a market failure -- not one will build a network until there is a critical mass, but people won't purchase the critical mass until there is a network. There is no barrier to adoption of electric buses by municipalities, as life cycle costs are lower than diesel buses.
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There is a significant barrier to BEB adoption in charging infrastructure. Do you think running HV lines to bus depots is cheap? This isn't like wiring up a charging spot for a Tesla. When you have 200 buses that need 200-300 kWh battery packs to be charged up in 5-7 hrs overnight, that usually requires work done to the grid. And there's the actual chargers.
A single Opportunity Charger costs $1.5M and they usually install them on a 10:1 ratio. Depot chargers cost about $130k. And the usually deploy them on a 2:1 ratio. In theory, that would be $215k per bus in just charging boxes. You seem to be only considering the acquisition cost of the buses themselves.
Quote:
Originally Posted by MalcolmTucker
Yeah, no, there was a post who asserted that transit was at the very least among the best investments the government could make on a climate basis.
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I never suggested it was "very least". I said it was "low hanging fruit". Which it is, when you consider what it might take to achieve broadscale personal EV adoption or reduce industrial or agricultural emissions. Fleet electrification is low hanging fruit specifically because it can be done easily and in a reasonable timeline. There's fewer players. They aren't sensitive to anything but cost. And they tend to have rolling replacements. They also have massively disproportionate emissions. The diesel bus driving 300 km per day generates substantially more emissions than the Honda Civic owner driving 60 km a day, 5 days a week.
Giving out $5000 cheques to suburbanites to subsidize their commutes from the sprawl they created, is good politics but shitty policy. Building the infrastructure that helps fleets electrify is good policy.