Can economic policy be praised for its environmental policy in the field of transportation?

Authors

  • prof. dr. Rasto Ovin DOBA Business School Maribor
  • Žarko Nestorović, dipl. ing. Đerdap hydroelectric power station, Serbia
  • Tomaž Geršak Perfegt Design s.p.

DOI:

https://doi.org/10.32015/JIBM.2023.15.1.10

Keywords:

economic policy principles, economic policy reality, electric vehicles

Abstract

Car users in the European Union are facing concerning prospects regarding the costs and property value of their personal vehicles. According to EU documents, starting in 2035, the production of cars with internal combustion engines will cease. This has two main economic consequences for car users: firstly, they will be compelled to purchase electric vehicles, accepting higher entry costs for new vehicles with the same level of utility they have been accustomed to. Secondly, they will experience a significant loss in property value when parting with their personal vehicles, as their old cars will have to be sold at much reduced prices or even scrapped. From an emissions data standpoint, such a policy can be seen as an abrupt change in income distribution and a departure from the main principles of economic policy in a democratic society.

References

EPA – United States Environmental Protection Agency (2023). Global Greenhouse Gas Emissions Data. Accessed on June 25.2023 at: https://www.epa.gov/ghgemissions/global-greenhouse-gas-emissions-data

European Parliament (2023). European Parliament News. Accessed on July 1. 2023 at: https://www.europarl.europa.eu/news/en/headlines/society/20190313STO31218/co2-emissions-from-cars-facts-and-figures-infographics

Nestorović. Ž. (2023). On Aspects of Regulation Theory And Experts’ Political Influence. Journal of Innovative Business and Management. Accessed on July 3 at https://journal.doba.si/OJS/index.php/jimb

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Statista (2023). Energy & Environment – Emissions. Accessed on June 25.2023 at: EPA – United States Environmental Protection Agency https://www.statista.com/statistics/1185535/transport-carbon-dioxide-emissions-breakdown/

Žurnal (2023). "Tisti, ki danes vozijo manjše avte, bodo jutri na avtobusu". Žurnal online March 8.2023. Accessed on March 8.2023 at: https://www.zurnal24.si/avto/tisti-ki-danes-vozijo-manjse-avte-bodo-jutri-na-avtobusu- 402689?utm_source=newsshowcase&utm_medium=discover&utm_campaign=CCwQipHZ9bCxl9YgGPjcx5GblKGguwEqRAgwELuDqe28xs7ytQEY_pSH-OOjz9ufASoqCAAiEH22IBCjmiv_OQnwG3x9XvkqFAgKIhB9tiAQo5or_zkJ8Bt8fV75&utm_content=related:

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Published

2023-07-05

Issue

Section

Editorial

How to Cite

Ovin, R., Nestorović, Žarko, & Geršak, T. . (2023). Can economic policy be praised for its environmental policy in the field of transportation?. Mednarodno Inovativno Poslovanje = Journal of Innovative Business and Management, 15(1), 1-6. https://doi.org/10.32015/JIBM.2023.15.1.10