Friday, 29 May 2009

Investing in the car industry is wrong

This is an article by Cllr Prof John Whitelegg, which I think is so good, I'm going to post all of it...

We live in interesting times. Almost all the largest world economies are assembling packages of financial support for the car industry and financial incentives to persuade citizens to throw away an older car and buy a new one. The recession and the rise in unemployment is a personal disaster for many and the pressure to “rescue” industries is intense. Sadly global thinking and decision taking on this matter is way out of line with evidence and with the need to identify opportunities out of the mess rather than continue on the same lines that created the mess.
Investing in the car industry is wrong. We need large scale investment in things that create real jobs in real communities and have a huge impact on the big things that we are all trying to address including peak oil, climate change and poverty eradication. Investing in renewable energy anywhere in the world is a “no brainer”. It will create lots of jobs in every community. Designing, equipping and retro-fitting every building with whatever is needed to reduce energy use by 50% is also a front-runner for climate and job creation success. Investing in high quality streets for walking and cycling and public transport will do the same but throwing cash at an early 20th century industry based on moving objects that weight about 75 kg in a metal container weighing about 1 tonne is not very intelligent. We can restructure cities, mobility and accessibility and in one highly co-ordinated policy deal with road safety, health, obesity, climate change and peak oil but it looks like the answer is, as usual, “no”.

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