atans1

Try this to curb car growth?

In Economy, Uncategorized on 17/01/2013 at 6:04 am

Every time, COE prices rise, there is sure to be a rant from Ravi the NSP member that will appear on my FB wall that “Shumething must be done”.

But what should be done? Our mega-millionaire ministers and civil servants only mutter about tinkering with the COE system. They can afford the COEs, after all.

As to the impact on inflation and economy generally, DPM and finance minister, and trade minister say,”No sweat, if not planning to buy vehicle”. Err vehicles also used to transport goods and dispatch service workers: when I got a PC issue, I don’t expect IT techie to walk or take the bus.

San Francisco is trying out car-sharing using Beemers.

With a large and growing number of people here choosing not to own a car, German manufacturer BMW has decided to branch out into car-sharing services with a fleet of 70 cars spread around the city – initially in 14 locations, with a further 100 being added gradually …

– If drivers share rather than own cars, the overall number of vehicles in the city is reduced. Each car in a car sharing scheme results in 10 cars leaving the street, according to consultants Frost & Sullivan.
— Shared cars that are actively used most of the day do not clog up parking places while on the move.

http://www.bbc.co.uk/news/business-20638779

Here is urban planning experimentation at its best.

No free market mantras or rants. Be constructive.

 

 

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  1. Isn’t this the same concept as Car Club (http://www.carclub.com.sg/)?

  2. GST may have to be raised to offset the fall in revenue provided by COE if this scheme to cut the car population is successful. The transport minister is deaf to appeals for bicycle tracks as that mean higher government expenditure for widening roads to accommodate the tracks to result in collecting less road tax, COE and ERP, and duties on fuels. That will reflect badly on his KPI. Our ministers are not there to make life easier for us. They are there to generate greater surpluses for our reserves and one way is increasing CPF minimum sum and delaying the withdrawal date?

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