Merrymeeting Resilience Message Board › Have we reached Peak Auto?

Have we reached Peak Auto?

Mike W.
user 9384001
Group Organizer
Brunswick, ME
Post #: 4
According to a very interesting article by Lester Brown, 14 million cars were scrapped in the U.S. last year, while only 10 million new ones were bought, for a reduction in total fleet size from 250 million to 246 million vehicles. The number of cars scrapped has not exceeded the number of new ones purchased since World War II. While the recession undoubtedly had a lot to do with this development, there were other, more lasting, forces at work. Among these, according to Brown, are market saturation, ongoing urbanization, economic uncertainty, oil insecurity, rising gasoline prices, frustration with traffic congestion, mounting concerns about climate change, and a declining interest in cars among young people. Brown speculates that this could mean a continuing decline in total fleet size at least through 2020, and perhaps indefinitely. You can find the article at http://www.earthpolic...­

Mike


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