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

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: f...

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Main Authors: Rasto Ovin, Žarko Nestorović, Tomaž Geršak
Format: Article
Language:deu
Published: DOBA Business School Maribor 2023-07-01
Series:Mednarodno Inovativno Poslovanje
Subjects:
Online Access:https://journal.doba.si/OJS/index.php/jimb/article/view/334
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author Rasto Ovin
Žarko Nestorović
Tomaž Geršak
author_facet Rasto Ovin
Žarko Nestorović
Tomaž Geršak
author_sort Rasto Ovin
collection DOAJ
description 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.
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institution Kabale University
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publisher DOBA Business School Maribor
record_format Article
series Mednarodno Inovativno Poslovanje
spelling doaj-art-d10fe7a68b904c83949dec75043310282025-02-03T09:34:38ZdeuDOBA Business School MariborMednarodno Inovativno Poslovanje1855-61752023-07-011511610.32015/JIBM.2023.15.1.10334Can economic policy be praised for its environmental policy in the field of transportation?Rasto Ovin0Žarko Nestorović1Tomaž Geršak2DOBA Business School MariborĐerdap hydroelectric power station, SerbiaPerfegt Design s.p.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.https://journal.doba.si/OJS/index.php/jimb/article/view/334economic policy principles, economic policy reality, electric vehicles
spellingShingle Rasto Ovin
Žarko Nestorović
Tomaž Geršak
Can economic policy be praised for its environmental policy in the field of transportation?
Mednarodno Inovativno Poslovanje
economic policy principles, economic policy reality, electric vehicles
title Can economic policy be praised for its environmental policy in the field of transportation?
title_full Can economic policy be praised for its environmental policy in the field of transportation?
title_fullStr Can economic policy be praised for its environmental policy in the field of transportation?
title_full_unstemmed Can economic policy be praised for its environmental policy in the field of transportation?
title_short Can economic policy be praised for its environmental policy in the field of transportation?
title_sort can economic policy be praised for its environmental policy in the field of transportation
topic economic policy principles, economic policy reality, electric vehicles
url https://journal.doba.si/OJS/index.php/jimb/article/view/334
work_keys_str_mv AT rastoovin caneconomicpolicybepraisedforitsenvironmentalpolicyinthefieldoftransportation
AT zarkonestorovic caneconomicpolicybepraisedforitsenvironmentalpolicyinthefieldoftransportation
AT tomazgersak caneconomicpolicybepraisedforitsenvironmentalpolicyinthefieldoftransportation