EVs and California’s Future Demand for Electricity
EVs and California’s Future Demand for Electricity
When it comes to the achievement of “carbon neutrality” and the requisite energy policies to get there, few choices carry with them more consequences than the planned, nearly total electrification of our economy. And when it comes to electrification, few categories of consumption are likely to outweigh the demands of EVs. With a focus on...
By Edward Ring
The Cost of Transit in California
The Cost of Transit in California
This study analyzes the financial performance of 85 California transit operators for fiscal year 2023, revealing a significant gap between revenue and expenses that necessitates over $10 billion in annual taxpayer subsidies. The report identifies long-term cost escalation, driven by what economist William Baumol termed “Cost Disease,” as a core issue. It concludes that without...
By Marc Joffe, Athan Joshi
