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On the radio last night, it was featured briefly that people who desperately want to get rid of their gas guzzlers czn't find any kind of buyers ... so there's zero trade in value.... which makes that new car even more expensive --- and of course, fuel efficient cars aren't being discounted ... and there are few used vehicles.
There is still MASSIVE amounts that can be done "structurally" to reduce drive-alone commuting consumption ... driving 10 miles to the park and ride, and THEN taking the bus begins to make better sense... as do shuttles and company sponsored shuttles (from park and rides along busy corridors)...
Here around Denver, public transport use is way up ... so much so they are talking about RAISING PRICES ... ha!
I have zero problem with heavy government subsidy or nationalization of some services to meet the dual goals of reducing dependency on imported energy AND reducing greenhouse gases/global warming ...
The "private sector" is going to demand public funds anyway ... and they intend to make a profit ... privatization is a false promise ... just like those absurd promises wrt the breakup of Ma Bell and too-cheap-to-meter nuclear power.