News

Has passenger travel peaked?

February 11, 2011

Two academics from California are suggesting that passenger travel may have peaked nearly 10 years ago. The two, Lee Schipper and Adam Millard-Ball, studied the demand for car ownership and general travel in eight leading economies (USA, CDN, GB , SWE, FRA, GER, JPN, AUS) between 1970 and 2008.

[mailchimp_signup][/mailchimp_signup]They found passenger travel – by car, bus, plain, train, tram and metro systems – stopped growing relative to the countries’ GDP per capita in 2003. The authors admit their findings are not conclusive, and even if they are right, the trend since 2003 may not continue, but they say future projections of CO2 emissions may have to be cut back. Click Here to read the full article.

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