Post by M. Hawbaker on Mar 26, 2023 16:23:38 GMT
The World Economic Forum is looking to reduce global reliance on critical metals as nations look to make the transition to renewable energy supplies, and one proposal is reducing ownership of private vehicles.
"This transition from fossil fuels to renewables will need large supplies of critical metals such as cobalt, lithium, nickel, to name a few," the forum said in a report earlier this month. "Shortages of these critical minerals could raise the costs of clean energy technologies."
"More sharing can reduce ownership of idle equipment and thus material usage," the group argued, pointing to statistics that show the average vehicle in England is driven "just 4% of the time."
Vehicle sharing initiatives like "Getaround" and "BlueSG" have become increasingly popular around the world and are key in reducing the number of cars and electronics needed globally, the forum argued.
Though it did not address how car sharing could be more effectively utilized in a nation like the U.S. where cars are heavily relied on and public transportation is lacking in both rural and urban communities.
www.foxbusiness.com/economy/world-economic-forum-calls-reduce-private-vehicles-by-eliminating-ownership
"This transition from fossil fuels to renewables will need large supplies of critical metals such as cobalt, lithium, nickel, to name a few," the forum said in a report earlier this month. "Shortages of these critical minerals could raise the costs of clean energy technologies."
"More sharing can reduce ownership of idle equipment and thus material usage," the group argued, pointing to statistics that show the average vehicle in England is driven "just 4% of the time."
Vehicle sharing initiatives like "Getaround" and "BlueSG" have become increasingly popular around the world and are key in reducing the number of cars and electronics needed globally, the forum argued.
Though it did not address how car sharing could be more effectively utilized in a nation like the U.S. where cars are heavily relied on and public transportation is lacking in both rural and urban communities.
www.foxbusiness.com/economy/world-economic-forum-calls-reduce-private-vehicles-by-eliminating-ownership
Wow! I had no idea. Apartments aren't going up here - there's not a perceived need. A couple of low income projects were pitched for here on the eastside of town and they were flatly voted down. That was a relief because a lot of crime would have been included, if they owners could even have filled them up with people. There was also a senior citizens high rise project planned for the same area and it was not approved because it would have likely brought a lot of crime too.
