The answer is that there is a limit to taxpayers’ money, and that as more electric vehicles are produced, so they become more efficient and so the price falls. This is the natural economic process, and it is one that will be mainly led by the private sector. This is how we have got the innovation so far, through the private sector producing these remarkable vehicles. We managed to switch from the horse and cart to the internal combustion engine without large Government subsidies. A little bit of Government help is right, but it cannot be excessive because the taxpayer cannot afford it.
Business of the House
Proceeding contribution from
Jacob Rees-Mogg
(Conservative)
in the House of Commons on Thursday, 18 March 2021.
It occurred during Business statement on Business of the House.
Type
Proceeding contribution
Reference
691 c502 
Session
2019-21
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2024-05-01 01:48:56 +0100
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