Running a car costs much more than people think — stalling the uptake of green travel

Running a car costs much more than people think — stalling the uptake of green travel

Owning a car costs way more than you think

Environmental economists surveyed more than 6,000 people in Germany and found that people underestimated the total cost of owning a car by about 50% — and that’s not counting extras, such as financing costs. The researchers suggest that helping people to clock the true cost of their transport choices could reduce car ownership by up to 37% and cut associated transport emissions by 23%.

Nature | 11 min read