California's gas car sale ban could cost taxpayers up to $20 billion, study shows

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California News

Electric Vehicles,Taxpayers,Study

California has set an ambitious goal of making 100% of all passenger vehicles sold be electric by 2035.

by JACKSON WALKER | The National DeskElectric cars are parked at a charging station in Sacramento, Calif., Wednesday, April 13, 2022. An upcoming California ban on the sale of gas-powered cars could cost taxpayers as much as $20 billion, according toof making 100% of all passenger vehicles sold be electric by 2035. This goal will place substantial demand on the state’s electric grid, researchers wrote, and will require significant upgrades to be made feasible.

To accommodate this, the state must invest heavily in its electric grid, the study reads. Such rapid growth could mean taxpayers will be held responsible for fronting the bill.

 

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