Internal combustion engine (ICE) car bans are in the news, raising questions about their effectiveness as a policy tool. For automotive original equipment manufacturers (OEMs), ICE bans are a strong policy signal that car companies must take action. While policies that promote alternative fuels like biofuels, electricity, and hydrogen can create a competitive market for low carbon fuels, ICE bans are technology-forcing, which theoretically can provide a more decisive market signal.
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