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Pages:
1 page/≈275 words
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Literature & Language
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Research Paper
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English (U.S.)
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Science/Research draft paper

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The US government recognizes the positive impact that electric cars render to the environment and to the economy.

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Science/Research draft paper
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The US government recognizes the positive impact that electric cars render to the environment and to the economy. To this effect, many states have resorted to offering subsidies and incentives to increase adoption of electric cars. Some of the incentives include tax credits that range from $1000 to $6000 in Maryland and Colorado respectively. There are about twenty states with pending bills that focus on promoting manufacturers efforts in creating charging stations, creating more parking spaces for electric and hybrid vehicles as well as establishing other monetary support for promoting electric vehicle purchase (Hartman, 2013). These subsidies and incentives are necessary, and governments should continue offering them. Consumers also require knowledge of the distance covered using one charge and battery life as this information influences purchases (Hensley, Knufer, & Krieger, 2011).
Incentives to customers planning to buy electric cars are limited to only two hundred thousand vehicles. The federal government requires reviewing the number of vehicles that are eligible for tax credits to strengthen sustainability of electric cars positive environmental impact. There are other forms of state based incentives in the different states such as free parking, subsidized license fees, rebates, and income tax credits in states such as Maryland, Georgia, California and Arizona (Berman, 2014). These subsidies are insufficient in encouraging and supporting increased adoption of electric cars. The federal government requires increasing allocations in the stimulus bill as a way of boosting individual states’ efforts. Concerted effort of the national government and the individual states is sufficient to sustain environmental and economic benefits of electric cars.
Government subsidies on electric vehicles must continue because of the long-term prospects of the market. When the US is eventually able to maintain consistent large volumes of purchases, their cost are likely to fall (Pulmer, 2012). This will make the electric cars more affordable making the subsidies a worthwhile investment. This is advantageous to the nation because it will reap from the benefits of the long-term impact of reducing consumption of fuel and pollution. Additionally, the government should also take note of the fact that demand for the electric vehicles on a global scale is also likely to rise (Pulmer, 2012). This is because global oil prices are also on the rise and this means that the government should not stop or reduce the subsidies. People will require assistance to own electric cars particularly in the advent of continued rise in oil prices around the world.
Countering overreliance on oil is an important reason why the nation requires instituting incentives and subsidies on the manufacture of electric cars to increase ownership (Hartman, 2013). It was estimated that...
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