The author concludes that the the income tax credit won't help reduce gasoline consumption in the near term because EVs are predominanty compliance cars and more EVs will enable manufacturers to sell more gas guzzlers, among other interesting conclusions.
Presentation:
http://www.cbo.gov/sites/default/files/cbofiles/attachments/44352_EffectsTaxCreditsElectricVehicles_0.pdf
Full Report:
CBO | Effects of Federal Tax Credits for the Purchase of Electric Vehicles
Presentation:
http://www.cbo.gov/sites/default/files/cbofiles/attachments/44352_EffectsTaxCreditsElectricVehicles_0.pdf
Full Report:
CBO | Effects of Federal Tax Credits for the Purchase of Electric Vehicles
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