Join us for a live chat Wednesday, February15, at 11 a.m. MST, to discuss the future of transportation.
Greg Rucks, RMI Analyst, and Robert Hutchinson, RMI Managing Director, will be leading the conversation and answering your questions.
The conversation will revolve around three points:
1. Revolutionary+ Vehicles—How the cars, planes, and trains of the future will look, drive, and feel.
2. Taking the bus can be fun—How we use or (don’t use) vehicles is as much a part of our future transportation landscape as the types of vehicles we use.
3. Would you pay $500/day for a parking spot?—Appropriately pricing the cost of driving and parking will send strong economic signals to drivers that will also change the way we move in the future.
Transportation WILL Change: Are You Ready?
The U.S. burns 13 million barrels of oil a day for transportation at a cost of $2 billion, half of it imported. That oil dependence also incurs hidden costs totaling roughly $1.5 trillion a year or 12 percent of GDP. Making transportation oil-free by 2050 can avoid all these costs and save $3.8 trillion.
In our most recent book, Reinventing Fire: Bold Business Solutions for the New Energy Era, we state that eliminating the use of oil for transportation by 2050 can yield not only a $3.6 trillion windfall to our economy, but also enhance personal mobility and freight services with uncompromised convenience, safety, and performance.
For cars, the key innovation is “Revolutionary+” electric vehicles, and auto manufacturers that quickly deliver vehicles with radically improved efficiency into the market stand to gain an edge. The same principles of vehicle fitness can be applied to buses, delivery vans, heavy trucks, airplanes, and other conveyances.
Design Isn’t the Whole Story
How we use vehicles is equally important to how they are made. Reducing vehicle miles traveled (VMT) will save hundreds of millions of dollars, the lives of many drivers, and countless hours stuck in traffic.
Many ideas are on the table to help shift drivers’ behaviors. RMI thinks some of the most promising are paying infrastructure costs by the mile, not the gallon; smart IT traffic and transport systems; and other appropriate pricing signals that can help slash VMT by up to half of the modern average of 13,000 VMT per driver by 2050.
Watch the Reinventing Fire: Transportation video below
We look forward to a lively discussion of these topics and your questions. Please join us (bookmark this page) Wednesday at 11 a.m. MST.
This chat does not include audio or video. It is a live question-and-answer session hosted by RMI that allows us to receive typed questions in real time and answer in the same format.
We typically receive hundreds of questions during a given chat, so while we might not publish or answer every question during the hour, we will review all the questions and post follow-up blog responses.