Quote:
Originally Posted by womprat
Of course. Especially considering peak oil has probably passed us, and we'll find out by 2020 that today's estimations of what's left in the ground were optimistic.
So consider the average age of any OECD nation's vehicle fleet, it's probably in the range of 7-10 years.
That means we're driving cars designed for fuel prices 5 years ago or more.
I hope that the automakers are currently selling the cars we'll need in 2020.
If fuel prices alter too much within the cycle of fleet renewal, a lot of cars would be off the road.
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I hope so. The study I mentioned was into domestic energy where the DECC (Department for Energy and Climate Change - like they can influence it) have published a calculator. The problem is that it assumes we all use 50% less energy due to insulation etc. I think this may be optimistic.
My current and next (in about 8 years - maybe) car choice will be determined by as little as I can get away with given what I may need my car to do.
As I don't live in the US I have only one car, so it has to do everything, like most of world.