"As stated in the IEA net zero goal [I discussed this goal in last week’s Capital Letter]:
the number of global households without a car needs to rise from 45% today to 70% by 2050, reversing a century-long trend of rising ownership…
As usual, California regulators are ahead of the proverbial curve in admitting that the state’s emissions goals will require citizens of that state—on top of being forced into EVs—to drive 25% fewer miles than they did 30 years ago.
Mills believes that the war against cars is about more than the climate, noting that, “car culture is viewed in many environmental circles as inherently toxic and unnatural.” In his view,
“It would be reasonable to reach the conclusion that, put simply, they’re coming for your cars.”
https://www.nationalreview.com/corne...-against-cars/