@laurentfranckx.bsky.social
1.6K followers 1.4K following 4.1K posts
Environmental and transport economist. Civil servant. All posts are personal
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electricfelix.bsky.social
"🚗 During September, 88,800 new models from Chinese manufacturers entered the Western European new passenger car market, accounting for a record 8% market share and surpassing the 86,700 models from Korean manufacturers, translating to a 7.8% share of the 1.11 million total market."
Reposted
electricfelix.bsky.social
"🇨🇳 🇰🇷 🇪🇺 Chinese new car volumes outpaced Korean models across Western Europe for the first time during September, according to exclusive @autoschmidt.bsky.social research"

#alwaysbecharging
www.linkedin.com/posts/matthi...
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emildimanchev.bsky.social
This meme is our research to a T.
bistline.bsky.social
What should dashboards default to? LRMER for planning; SRMER for ops. Change my mind 👇 #EnergyTwitter #EVs #LCA #ModelingMonday @emildimanchev.bsky.social @jessedjenkins.com 12/
Reposted
goodclimate.bsky.social
The Maison Saint-Cyr, Brussels' favourite art-nouveau centrefold, is for sale.
www.rtbf.be/article/brux...
laurentfranckx.bsky.social
Restaurant van de Franse senaat, Jardin du Luxembourg
laurentfranckx.bsky.social
However, the tax benefits accruing to gasoline PHEVs are based on test cycle CO2 emissions, while the emissions in real driving conditions can be considerably higher. This raises the question whether the cost of the fiscal benefits going to gasoline PHEVs are worth the environmental benefits
laurentfranckx.bsky.social
But, as the tax advantage enjoyed by employees who can use the company car for private purposes also depends on a car’s CO2 emissions, using the “extended cost of ownership” concept leads to a dramatic improvement in the relative position of gasoline PHEVs, even compared to electric cars. /
laurentfranckx.bsky.social
If we consider the cost of ownership after taxes from a strict accounting perspective, the fiscal treatment of company cars clearly benefits electric cars and gasoline PHEVs, as the deductibility of car costs in corporate taxation depends on the car’s CO2 emissions. /
laurentfranckx.bsky.social
The set of cars with the lowest pre-tax cost of ownership is still mostly composed of gasoline cars (and, to a lesser extent, of diesel cars). Gasoline PHEVs and electric cars have the highest pre-tax cost of ownership in most market segments, BUT /
laurentfranckx.bsky.social
Also, contrary to most studies, I do not look at just a few "representative " car models per powertrain, but I compare how the complete distribution of cost of ownership for car models sold in Belgium is affected. /
laurentfranckx.bsky.social
The key contribution of this paper is an “extended cost of ownership” indicator that takes into account that the benefit-in-kind enjoyed by employees who can use a company car for private purposes is taxed at a lower rate than wage income. /
laurentfranckx.bsky.social
The Belgian tax code has already introduced incentives that promote the purchases of cars with low CO2 emissions. However, the integration of the specific tax advantages enjoyed by company cars is seldom considered in a cost of ownership analysis./
laurentfranckx.bsky.social
Second, why the focus on company cars? In Belgium, company cars currently make up more than 50 % of new car sales but most are sold on to private households within three to four years and have important long-term impacts on the overall environmental performance of the Belgian car fleet. /
laurentfranckx.bsky.social
I am going to try to summarize the paper in case you don't have the time to read it from A to Z. First, why do cost of ownership studies matter? Well, the capital costs of electric vehicles remain a key barrier to their adoption, but one should also consider their lower running costs. /
laurentfranckx.bsky.social
My paper "Tax benefits for users of company cars: How do they affect the cost of ownership for the employer?" has been published on-line in European Transport Studies. It is available in free access. Work performed at the Federal Planning Bureau.

www.sciencedirect.com/science/arti...
Tax benefits for users of company cars: How do they affect the cost of ownership for the employer?
I present a cost of ownership (from the perspective of the employer) analysis of leased company cars sold in Belgium in 2023, both before and after ta…
www.sciencedirect.com
laurentfranckx.bsky.social
I would definitely recommend "A Culture of Growth". "The Lever of Riches" is also non-technical but a more arduous read. I have also heard very good things about "The Gifts of Athena" but haven't read it myself.
Reposted
mclem.org
Innovation is at the center of economic growth. Congratulations to three who’ve taught us so much.

www.nobelprize.org/prizes/econo...
laurentfranckx.bsky.social
Mokyr has written several books on the history of innovation and progress that are perfectly accessible to non-economists, by the way.
financialtimes.com
Breaking news: The 2025 Nobel Prize for Economics has been awarded to Joel Mokyr, Philippe Aghion and Peter Howitt for their work explaining how innovation can drive economic growth. on.ft.com/3WEvVZq
Reposted
financialtimes.com
Breaking news: The 2025 Nobel Prize for Economics has been awarded to Joel Mokyr, Philippe Aghion and Peter Howitt for their work explaining how innovation can drive economic growth. on.ft.com/3WEvVZq
laurentfranckx.bsky.social
The cruelty is the point
cmgiulini.bsky.social
After spending 43 years in prison for a crime he didn't commit, evidence hidden by the prosecution reversed his conviction. Rather than finally enjoying freedom, ICE abducted him for deportation

Depraved.

www.miamiherald.com/news/local/i...
He was wrongfully imprisoned for 43 years. Moments after being released, ICE took him
Subramanyam “Subu” Vedam now faces deportation.
www.miamiherald.com