The Institutional Lock-out of Sustainable Transport Technologies: Inherent, Intentional, Invertible?

Stephen Bi

European Review, 2021, vol. 29, issue 1, 83-94

Abstract: The worldwide transportation sector remains 93% dependent on the oil industry. While other economic sectors in developed nations have begun to decarbonize in recent decades, greenhouse gas emissions from transportation have continued to rise. This article examines how automobiles came to be so dependent on a finite and socially detrimental resource when electric and ethanol-powered vehicles have always offered distinct performance advantages, and how the latter vehicles fell from socio-political favour to technological lock-out.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:cup:eurrev:v:29:y:2021:i:1:p:83-94_11

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