Study: Electric vehicles inefficient way to reduce CO2 emissions

GOOD SOLUTIONPhoto shows a ten-story, three dimensional car park structure located between residential buildings in Shenyang, in China’s Liaoning province. The structures can take nearly 40 vehicles and are becoming more common as more Chinese abandon public transport and drive. AFP PHOTO

MONTREAL: Subsidizing the purchase of electric cars in Canada is an inefficient way to reduce greenhouse gas emissions that is not cost effective, according to a Montreal Economic Institute study released on Thursday.