Yes this journey is very pleasant indeed. Excellent result with a strong outlook and excellent management who are firing on all cylinders !
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Driverless cars will ADD significantly to congestion - not reduce it!
For two obvious reasons:
1. People who would otherwise use public transport will prefer the direct point to point low cost of a driverless car - therefore adding significantly more car traffic to roads.
2. For those that usually drive their own cars, driverless cars (whether it’s their own or a service) will be preferable in many situations as you don’t need to pay for parking etc. So while the amount of cars on the road for these people will be the same in one direction, after the journey is finished you now have a driverless car that is now driving somewhere else (whether that’s all the way back to the owners house, or off to a recharge center - creating a whole lot of extra traffic.
Basically the problem is that you can't have seven billion people on the planet, and counting, and all aspiring to a middle class standard of life, without environmental problems. Electric vehicles and green energy on a scale for seven billion will only create their own problems even if they can't be foreseen yet.
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