Peak driving?
2012-09-24 20:19:12.581968+02 by Dan Lyke 0 comments
Hat tip to Columbine for pointing me to The Economist: The future of driving: Seeing the back of the car: In the rich world, people seem to be driving less than they used to. Talks about the notion that in developed countries we may have seen peak automobile, and some of the implications:
Cities that bank on parking fees, fines and road tolls may have to find other ways to balance the books. Plans for attracting private investment in roads may need reconsidering. In March 2012 David Cameron, Britain’s prime minister, called for private investment in the road network to increase capacity. Such schemes may be viable—but not if based on a payment model that assumes ever-increasing use.