Lew Fulton on the “Three Revolutions in Urban Transportation”
Future Fuel Strategies podcast
“The entrenched system takes an enormous amount of money to keep it going. There’s about 100 million new cars sold every year, with an average price around $25,000. That’s, right there, $2.5 trillion. If we just carved out some percentage of that, even if it were 2% or 3%, [it would] move us in a different direction, and improve our sustainability. It would be huge, but we’re not even willing to do that”—Lew Fulton, co-director at the STEPS program of the UC Davis Institute of Transportation Studies.