Every Louisianan would expect a cash payment of $5,349 if forced to switch to an electric car
Posted at 6:00 a.m. on Sunday, September 25, 2022
The average driver in Louisiana would expect a $5,349 cash payment from the government if forced to upgrade to an electric car.
- Half of respondents think it’s a good idea for the government to offer cash incentives to encourage people to switch from gas-powered vehicles to cleaner alternatives.
- 1 in 10 support banning gas-powered vehicles from all cities and major urban areas.
- Interactive map showing cash values for going electric across the country.
Money, cars and climate change: According to a UN report, we have just over 10 years to master climate change and save the planet. Institutions and individuals have a responsibility to make meaningful change, experts say, which is why the State of California took a monumental step towards reducing carbon emissions by recently approving a ban on new cars to gasoline by 2035. In other recent news, France announced an incentive to pay drivers the equivalent of nearly $4,000 to trade in their old gas-powered car for a more durable, city-friendly e-bike. . So, as governments introduce policies to address climate change, can individuals be said to be taking similar action? Not that much, according to a survey by Gunther Volkswagen Delray Beach, which asked 3,021 drivers to determine how much they would expect to be subsidized in cash to trade in their gas-powered car for a zero-emission vehicle…
Although there are tax incentives for switching to electric vehicles, it seems that a significant proportion of drivers in our country believe that tax breaks are not enough – they prefer cash as compensation instead. It was found that the average driver in Louisiana would accept as much as $5,349 in cash if an all-electric car policy was applied, and they had to change vehicles.. This compares to a national average of $5,988.
However, the level of compensation differs by location. New Hampshire drivers in the Live Free or Die state estimate they should be paid $12,698 in cash if forced to trade in their gas-powered vehicles for cleaner electric vehicles. Comparatively, drivers in Wyoming would be more willing to make this change, saying they would want a cash grant of $3,131 to make it.
Interactive map showing cash values for going electric across the country (click ’embed’ to host on your site)
The survey also revealed some other interesting findings… Almost half (49%) of drivers think it’s a good idea for the government to offer cash incentives to encourage people to switch from petrol-powered vehicles to cleaner alternatives. However, more than half of drivers (65%) said that despite steps towards more sustainable alternatives, they don’t believe the move to electric is happening fast enough to help effectively tackle climate change.
Additionally, an overwhelming majority (88%) of drivers said they don’t think it’s a realistic plan to electrify every car on the road in just 30 years, as California aims to do.
However, 1 in 10 (13%) said they were in favor of banning petrol-powered vehicles from all cities and major urban areas.
Encouragingly, 43% of drivers said the main reason they would switch from a gas-powered car to an electric car would be to contribute to a cleaner planet. More than one in four (27%) said the main reason would be to receive money in tax credits, while 18% would do so to save on fuel and maintenance costs. However, 7% would do so to be able to drive solo in the carpool lane, and 5% said they would swap for fun with higher automatic performance.