Per capita rates of vehicle miles traveled have fallen, and the recession is not the only reason. A U.S. PIRG report examines the end of the "driving boom."
LTC, Jack R. Widmeyer Transportation Research Conference, 11/04/2011, Dohyung...LTC @ CSUSB
This document summarizes the challenges of mapping crash data from Riverside County onto a roadway map. Only 23% of crashes could be automatically geocoded due to incomplete address information. A customized application helped map an additional 44% by accounting for distance and direction from intersections. Manual review mapped another 12%. Multiple candidate matches, differences between state and local road names, and human errors in the crash data contributed to the remaining unmapped crashes. Better data quality procedures and custom mapping software can help reduce errors and improve crash location mapping.
LTC, Annual Forum, Greener California: Impacts of Senate Bill 375 and Winning...LTC @ CSUSB
This document discusses the role of geographic information systems (GIS) in implementing California's Senate Bill 375 (SB375). SB375 aims to reduce greenhouse gas emissions from vehicles by coordinating land use and transportation planning. GIS can help manage the large amounts of spatial data required, perform necessary analyses and modeling, and visualize results for stakeholders involved in the SB375 implementation process, such as cities, counties, metropolitan planning organizations, and the California Air Resources Board. The document provides examples of how GIS has supported SB375 efforts, including regional visioning projects, transportation and land use modeling, and climate action planning at various geographic scales.
1) The document discusses a proposal to reduce traffic congestion and improve air quality in New York City through a congestion pricing plan.
2) The plan would charge a daily fee for vehicles traveling within a designated zone in Manhattan during peak hours and use the revenue to fund transit improvements.
3) Similar congestion pricing programs in other cities like London have been shown to significantly reduce traffic and travel times while improving air quality.
This summary outlines key points from a Congressional Budget Office presentation on the design of a revenue-neutral carbon tax:
- The presentation discusses various design considerations for a carbon tax, including how it would interact with existing regulations, the initial tax level and rate of increase, potential revenue raised, and economic and distributional impacts.
- Most studies find that a carbon tax would be regressive without considering how revenue is used, but the degree of regressivity varies. The ultimate distributional impact depends on how revenue is spent.
- Potential uses of revenue include reducing deficits, lowering other tax rates, and providing tax credits. Each option involves different tradeoffs between economic impacts, distributional effects, and incentives to reduce emissions
Development of On-Road Emissions for the 2011 National Emissions InventoryJennifer Sharp
1) The document summarizes the development of on-road mobile emissions estimates for the 2011 National Emissions Inventory (NEI), which relied solely on the EPA's MOVES model for the first time.
2) Key aspects included a state submission process of MOVES County Databases, quality assurance checks on the submitted data, and improvements to default data informed by research projects including new datasets for vehicle age distributions and long-haul truck vehicle miles traveled.
3) Large-scale MOVES modeling runs were performed in a cloud computing environment to generate emission factor lookup tables needed for nationwide estimates in the SMOVES emissions modeling system.
LTC, Jack R. Widmeyer Transportation Research Conference, 11/04/2011, Dohyung...LTC @ CSUSB
This document summarizes the challenges of mapping crash data from Riverside County onto a roadway map. Only 23% of crashes could be automatically geocoded due to incomplete address information. A customized application helped map an additional 44% by accounting for distance and direction from intersections. Manual review mapped another 12%. Multiple candidate matches, differences between state and local road names, and human errors in the crash data contributed to the remaining unmapped crashes. Better data quality procedures and custom mapping software can help reduce errors and improve crash location mapping.
LTC, Annual Forum, Greener California: Impacts of Senate Bill 375 and Winning...LTC @ CSUSB
This document discusses the role of geographic information systems (GIS) in implementing California's Senate Bill 375 (SB375). SB375 aims to reduce greenhouse gas emissions from vehicles by coordinating land use and transportation planning. GIS can help manage the large amounts of spatial data required, perform necessary analyses and modeling, and visualize results for stakeholders involved in the SB375 implementation process, such as cities, counties, metropolitan planning organizations, and the California Air Resources Board. The document provides examples of how GIS has supported SB375 efforts, including regional visioning projects, transportation and land use modeling, and climate action planning at various geographic scales.
1) The document discusses a proposal to reduce traffic congestion and improve air quality in New York City through a congestion pricing plan.
2) The plan would charge a daily fee for vehicles traveling within a designated zone in Manhattan during peak hours and use the revenue to fund transit improvements.
3) Similar congestion pricing programs in other cities like London have been shown to significantly reduce traffic and travel times while improving air quality.
This summary outlines key points from a Congressional Budget Office presentation on the design of a revenue-neutral carbon tax:
- The presentation discusses various design considerations for a carbon tax, including how it would interact with existing regulations, the initial tax level and rate of increase, potential revenue raised, and economic and distributional impacts.
- Most studies find that a carbon tax would be regressive without considering how revenue is used, but the degree of regressivity varies. The ultimate distributional impact depends on how revenue is spent.
- Potential uses of revenue include reducing deficits, lowering other tax rates, and providing tax credits. Each option involves different tradeoffs between economic impacts, distributional effects, and incentives to reduce emissions
Development of On-Road Emissions for the 2011 National Emissions InventoryJennifer Sharp
1) The document summarizes the development of on-road mobile emissions estimates for the 2011 National Emissions Inventory (NEI), which relied solely on the EPA's MOVES model for the first time.
2) Key aspects included a state submission process of MOVES County Databases, quality assurance checks on the submitted data, and improvements to default data informed by research projects including new datasets for vehicle age distributions and long-haul truck vehicle miles traveled.
3) Large-scale MOVES modeling runs were performed in a cloud computing environment to generate emission factor lookup tables needed for nationwide estimates in the SMOVES emissions modeling system.
Final_Parry_Frank_CMAP_Hourly_Crashes_ChicagoV2Parry Frank
1. The document analyzes trends in hourly traffic crashes between 2005-2010 in the Chicago region, finding that fatal and serious crashes decreased 31-46% while regional vehicle miles traveled (VMT) only fell 3.1%.
2. Late night/early morning hours experienced the largest VMT decreases, up to 18%, and have the highest fatal crash rates per VMT. However, late night freeway fatality rates remained similar over the study period.
3. Serious crashes on non-freeways were more common during morning and evening peaks, but weekends after midnight had the highest serious crash rate per VMT and number of hourly fatalities. The late night non-freeway fatality rate was up
Seguridad vial region de las americas 2013 ops datos inglesoscar pardo
Road traffic injuries are a leading cause of death in the Americas region. In 2010, there were an estimated 149,992 road traffic deaths in the region. The rate of deaths varies significantly between subregions, from 11.0 per 100,000 population in North America to 22.2 in the Latin Caribbean. Vulnerable road users such as pedestrians, motorcyclists and bicyclists accounted for the majority of deaths across subregions, except for North America where car occupants represented the largest group. While efforts have been made through organizations like PAHO to address this issue, many countries still lack comprehensive legislation around risk factors like speeding and drink driving, and protections for road users.
This document summarizes transportation trends among young people and Americans in general. It notes that vehicle miles traveled have declined 23% among 16-34 year olds since 2001, and that the share of 14-34 year olds without a driver's license has increased. This decline is attributed to economic and lifestyle changes, as well as changing attitudes and new technologies. Additionally, millennials are more likely to live in urban areas and use multiple modes of transportation like transit, walking and biking compared to older generations. Public policy choices around affordable and efficient transit options will help determine future transportation patterns.
Drowsy driving was reportedly involved in 2.2-2.6% of all fatal crashes annually from 2005-2009 according to national databases. In 2009 specifically, 2.5% (832) of all traffic fatalities involved drowsy driving. While the total number of fatalities has decreased slightly over this period, the proportion involving drowsy driving has remained around 2.3-2.7%. Drowsy driving was also involved in an estimated 1.3% of all police-reported crashes in 2009, including 2% of injury crashes and 1% of property-damage-only crashes.
Fatal Car Accidents: Collected Data [Data Snapshot]lawsuitlegal
How dangerous are U.S. roads?
See what the numbers reveal about the risks are on U.S. highways, roads and streets according to transportation data.
The statistics behind fatal motor vehicle accidents are pretty revealing. Data includes car accident casualties by state, the most common causes, and what trends the numbers reveal.
Traffic accident causality and serious injury statistics compiled from government data and sources cited for reference.
This data snapshot by Lawsuit Legal is intended for informational purposes only.
Some Reasons Why Road Accidents Happen, number of Accident happened. Driver Safety measures to be taken in order to atlest reduce the numbers.
Presented by: www.driversafetycourse-texas.com
This document analyzes data on fatal car accidents in US states from 1975 to 2013 to determine which states have the worst drivers. It finds that North Dakota and Montana had the highest rates of fatal accidents per billion miles traveled. It also examines characteristics of drivers in fatal accidents, finding higher rates of speeding in states like Pennsylvania, Texas, and Utah. Additionally, it shows a negative correlation between median household income and accident rates, indicating safer driving in wealthier states. Insurance data further suggests Idaho and Iowa have the best drivers based on lower average premiums and losses incurred.
This presentation will discuss the difficult regulatory issues surrounding introducing self-driving cars onto our roadways. Many novel questions will be discussed, such as how to allocate liability for an autonomous vehicle, the self-driving cars’ impact on public transportation and infrastructure, and personal privacy concerns.
The document discusses road accidents in India and methods to reduce them using Six Sigma methodologies. It notes that road accidents have significantly increased in India in recent decades. Various statistics about road accidents from 2002-2011 are presented, showing increases in total accidents, deaths, and injuries over that period. Major causes of road accidents discussed include speeding, drunken driving, distractions, and ignoring traffic lights. Reducing these unsafe behaviors through improved safety measures and traffic management could help lower India's high rate of road accident deaths and injuries.
Study: Hit-and-Run Crashes Have Been Going Up Since 2009Rachel_Vasquez
A AAA Foundation report found that hit-and-run crashes occur every 48 seconds in the US, with fatalities from such crashes up 60% since 2009. Two-thirds of the over 2,000 hit-and-run fatalities in 2016 involved pedestrians or cyclists. Reports also show a 25% increase in pedestrian fatalities between 2014 and 2017, indicating the US is facing a serious pedestrian safety crisis. Authorities encourage both drivers and non-motorists to exercise more caution, while also calling on drivers to obey hit-and-run laws requiring them to remain at crash scenes.
Road safety and accident prevention in IndiaRohit Sharma
Road accidents are a human tragedy. They involve high human suffering and monetary costs in terms of untimely deaths, injuries and loss of potential income. Although we have undertaken many initiatives and are implementing various road safety improvement program the overall situation as revealed by data is far from satisfactory. During the calendar year 2010, there were close to 5 lakh road accidents in India, which resulted in more than 1.3 lakh persons. These numbers translate intone road accident every minute, and one road accident death every 4 minutes. Unfortunately, more than half the victims are in the economically active age group of 25-65 years. The loss of the main bread winner can be catastrophic.
Road traffic accidents are amenable to remedial action. Many a countries have curbed the menace of road accidents by
adopting a multipronged approach to road safety that encompasses broad range of measures, such as, traffic management, design and quality of road infrastructure, application of intelligent transport system, safer vehicles, law enforcement, effective and quick accident response and care etc. The Government alone cannot tackle road safety problems. There is a need for active involvement of all stake- holders to promote policy reform and implementation of road safety measures.
Addressing road safety is comprehensive manner underscores the need to involve multiple agencies and sectors like health, transport and police. The present study provides the magnitude and various dimensions of road accident in India. The analysis on road accidents in this study will help to create awareness, guidelines and assist in informed decision making on road safety.
The document shows charts of China's total population and percentage of urban population from 1960 to 2028, with the total population increasing from around 600 million to over 1.4 billion and the percentage of urban population increasing from around 10% to over 70% over the same time period, indicating China has experienced rapid urbanization as hundreds of millions of people have moved to cities.
How energy is produced in the American West, the nation’s “energy breadbasket”Sea to Snow Consulting
“The State of Energy in the West” from the Western Governors' Association provides a comprehensive survey of conventional and renewable energy resources in the region.
Skiing, snowboarding, and snowmobiling generate hundreds of thousands of jobs in 38 states, but climate change threatens the snow these industries rely on.
The document discusses financing land conservation efforts in Western states. It notes that each Western state has at least 30% of its land under federal ownership. It also shows that several Western states have passed dedicated funding sources for land conservation, approving over $25 billion for open space protection from 1988 to 2012. Additionally, it provides information on the Land and Water Conservation Fund, which has appropriated over $15.5 billion since 1965, with 63% used for federal land acquisition.
The document is a presentation from LandScope America, which provides an online mapping platform for visualizing land conservation efforts. It includes maps of protected areas in Colorado, wildlife habitat areas in Colorado, and housing density changes over time in the Denver metro area from 1970 to a 2030 projection. It also shows data on average annual public investments in conservation for Colorado, Washington, and Idaho from 1998-2005, including total expenditures and expenditures per capita and per acre conserved. The maps and data can help organizations and planners understand land use and target conservation efforts.
Scarcity of freshwater is a defining feature of planet Earth. This EcoWest.org presentation shares graphics that visualize our most precious natural resource.
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Similar to Americans are driving less: the state-by-state story
Final_Parry_Frank_CMAP_Hourly_Crashes_ChicagoV2Parry Frank
1. The document analyzes trends in hourly traffic crashes between 2005-2010 in the Chicago region, finding that fatal and serious crashes decreased 31-46% while regional vehicle miles traveled (VMT) only fell 3.1%.
2. Late night/early morning hours experienced the largest VMT decreases, up to 18%, and have the highest fatal crash rates per VMT. However, late night freeway fatality rates remained similar over the study period.
3. Serious crashes on non-freeways were more common during morning and evening peaks, but weekends after midnight had the highest serious crash rate per VMT and number of hourly fatalities. The late night non-freeway fatality rate was up
Seguridad vial region de las americas 2013 ops datos inglesoscar pardo
Road traffic injuries are a leading cause of death in the Americas region. In 2010, there were an estimated 149,992 road traffic deaths in the region. The rate of deaths varies significantly between subregions, from 11.0 per 100,000 population in North America to 22.2 in the Latin Caribbean. Vulnerable road users such as pedestrians, motorcyclists and bicyclists accounted for the majority of deaths across subregions, except for North America where car occupants represented the largest group. While efforts have been made through organizations like PAHO to address this issue, many countries still lack comprehensive legislation around risk factors like speeding and drink driving, and protections for road users.
This document summarizes transportation trends among young people and Americans in general. It notes that vehicle miles traveled have declined 23% among 16-34 year olds since 2001, and that the share of 14-34 year olds without a driver's license has increased. This decline is attributed to economic and lifestyle changes, as well as changing attitudes and new technologies. Additionally, millennials are more likely to live in urban areas and use multiple modes of transportation like transit, walking and biking compared to older generations. Public policy choices around affordable and efficient transit options will help determine future transportation patterns.
Drowsy driving was reportedly involved in 2.2-2.6% of all fatal crashes annually from 2005-2009 according to national databases. In 2009 specifically, 2.5% (832) of all traffic fatalities involved drowsy driving. While the total number of fatalities has decreased slightly over this period, the proportion involving drowsy driving has remained around 2.3-2.7%. Drowsy driving was also involved in an estimated 1.3% of all police-reported crashes in 2009, including 2% of injury crashes and 1% of property-damage-only crashes.
Fatal Car Accidents: Collected Data [Data Snapshot]lawsuitlegal
How dangerous are U.S. roads?
See what the numbers reveal about the risks are on U.S. highways, roads and streets according to transportation data.
The statistics behind fatal motor vehicle accidents are pretty revealing. Data includes car accident casualties by state, the most common causes, and what trends the numbers reveal.
Traffic accident causality and serious injury statistics compiled from government data and sources cited for reference.
This data snapshot by Lawsuit Legal is intended for informational purposes only.
Some Reasons Why Road Accidents Happen, number of Accident happened. Driver Safety measures to be taken in order to atlest reduce the numbers.
Presented by: www.driversafetycourse-texas.com
This document analyzes data on fatal car accidents in US states from 1975 to 2013 to determine which states have the worst drivers. It finds that North Dakota and Montana had the highest rates of fatal accidents per billion miles traveled. It also examines characteristics of drivers in fatal accidents, finding higher rates of speeding in states like Pennsylvania, Texas, and Utah. Additionally, it shows a negative correlation between median household income and accident rates, indicating safer driving in wealthier states. Insurance data further suggests Idaho and Iowa have the best drivers based on lower average premiums and losses incurred.
This presentation will discuss the difficult regulatory issues surrounding introducing self-driving cars onto our roadways. Many novel questions will be discussed, such as how to allocate liability for an autonomous vehicle, the self-driving cars’ impact on public transportation and infrastructure, and personal privacy concerns.
The document discusses road accidents in India and methods to reduce them using Six Sigma methodologies. It notes that road accidents have significantly increased in India in recent decades. Various statistics about road accidents from 2002-2011 are presented, showing increases in total accidents, deaths, and injuries over that period. Major causes of road accidents discussed include speeding, drunken driving, distractions, and ignoring traffic lights. Reducing these unsafe behaviors through improved safety measures and traffic management could help lower India's high rate of road accident deaths and injuries.
Study: Hit-and-Run Crashes Have Been Going Up Since 2009Rachel_Vasquez
A AAA Foundation report found that hit-and-run crashes occur every 48 seconds in the US, with fatalities from such crashes up 60% since 2009. Two-thirds of the over 2,000 hit-and-run fatalities in 2016 involved pedestrians or cyclists. Reports also show a 25% increase in pedestrian fatalities between 2014 and 2017, indicating the US is facing a serious pedestrian safety crisis. Authorities encourage both drivers and non-motorists to exercise more caution, while also calling on drivers to obey hit-and-run laws requiring them to remain at crash scenes.
Road safety and accident prevention in IndiaRohit Sharma
Road accidents are a human tragedy. They involve high human suffering and monetary costs in terms of untimely deaths, injuries and loss of potential income. Although we have undertaken many initiatives and are implementing various road safety improvement program the overall situation as revealed by data is far from satisfactory. During the calendar year 2010, there were close to 5 lakh road accidents in India, which resulted in more than 1.3 lakh persons. These numbers translate intone road accident every minute, and one road accident death every 4 minutes. Unfortunately, more than half the victims are in the economically active age group of 25-65 years. The loss of the main bread winner can be catastrophic.
Road traffic accidents are amenable to remedial action. Many a countries have curbed the menace of road accidents by
adopting a multipronged approach to road safety that encompasses broad range of measures, such as, traffic management, design and quality of road infrastructure, application of intelligent transport system, safer vehicles, law enforcement, effective and quick accident response and care etc. The Government alone cannot tackle road safety problems. There is a need for active involvement of all stake- holders to promote policy reform and implementation of road safety measures.
Addressing road safety is comprehensive manner underscores the need to involve multiple agencies and sectors like health, transport and police. The present study provides the magnitude and various dimensions of road accident in India. The analysis on road accidents in this study will help to create awareness, guidelines and assist in informed decision making on road safety.
Similar to Americans are driving less: the state-by-state story (12)
The document shows charts of China's total population and percentage of urban population from 1960 to 2028, with the total population increasing from around 600 million to over 1.4 billion and the percentage of urban population increasing from around 10% to over 70% over the same time period, indicating China has experienced rapid urbanization as hundreds of millions of people have moved to cities.
How energy is produced in the American West, the nation’s “energy breadbasket”Sea to Snow Consulting
“The State of Energy in the West” from the Western Governors' Association provides a comprehensive survey of conventional and renewable energy resources in the region.
Skiing, snowboarding, and snowmobiling generate hundreds of thousands of jobs in 38 states, but climate change threatens the snow these industries rely on.
The document discusses financing land conservation efforts in Western states. It notes that each Western state has at least 30% of its land under federal ownership. It also shows that several Western states have passed dedicated funding sources for land conservation, approving over $25 billion for open space protection from 1988 to 2012. Additionally, it provides information on the Land and Water Conservation Fund, which has appropriated over $15.5 billion since 1965, with 63% used for federal land acquisition.
The document is a presentation from LandScope America, which provides an online mapping platform for visualizing land conservation efforts. It includes maps of protected areas in Colorado, wildlife habitat areas in Colorado, and housing density changes over time in the Denver metro area from 1970 to a 2030 projection. It also shows data on average annual public investments in conservation for Colorado, Washington, and Idaho from 1998-2005, including total expenditures and expenditures per capita and per acre conserved. The maps and data can help organizations and planners understand land use and target conservation efforts.
Scarcity of freshwater is a defining feature of planet Earth. This EcoWest.org presentation shares graphics that visualize our most precious natural resource.
Federal spending on wildfire suppression has been increasing, with costs reaching over $2 billion for the Department of Interior and U.S. Forest Service in 2012. The average cost of fighting wildfires has also risen, with spending over $1,000 per federal fire and $100,000 per federal acre burned. Wildfire management now makes up the largest portion of the Forest Service budget, comprising over $2 billion in 2012, as climate change has led to more extreme fire conditions across the western United States.
Conservation spending on natural resources generates significant employment and economic in the United States. This presentation includes data and analysis for the American West.
A dashboard that visualizes energy consumption, prices, and spending n the 50 U.S. states, based on data from the U.S. Energy Information Administration’s Annual Energy Review.
Results from recent Conservation in the West Polls from Colorado College's State of the Rockies project show strong support for protecting the environment.
This document contains numerous slides with data visualizations and statistics about global and regional biodiversity and ecosystems. It includes information on terrestrial and freshwater biomes and ecoregions, numbers of plant and animal species, levels of endemism, threats to different habitats, and protected area coverage. Specifically, it shows statistics on biodiversity indicators for biomes, ecoregions, and species in different parts of the world, North America, and the western United States.
Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
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https://36crypto.com/the-future-of-dogecoin-how-high-can-this-cryptocurrency-reach/
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
In a tight labour market, job-seekers gain bargaining power and leverage it into greater job quality—at least, that’s the conventional wisdom.
Michael, LMIC Economist, presented findings that reveal a weakened relationship between labour market tightness and job quality indicators following the pandemic. Labour market tightness coincided with growth in real wages for only a portion of workers: those in low-wage jobs requiring little education. Several factors—including labour market composition, worker and employer behaviour, and labour market practices—have contributed to the absence of worker benefits. These will be investigated further in future work.
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STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
Understanding how timely GST payments influence a lender's decision to approve loans, this topic explores the correlation between GST compliance and creditworthiness. It highlights how consistent GST payments can enhance a business's financial credibility, potentially leading to higher chances of loan approval.
2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
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4. Percent of Urban Population and VMT by State
9/24/2013 4Source: U.S. PIRG
As urban density increases, VMT tends to decrease.
5. VMT Per Capita Decline by State, in West
9/24/2013 5
0%
2%
4%
6%
8%
10%
12%
14%
16%
18%
20%
Percent decline in vehicle miles traveled per
person since peak year
Percent decline in vehicle miles traveled per person since peak year
Source: U.S. PIRG
Among states in the West, the average year in which VMT peaked was 2002.
6. Traffic Volume Trends by Region
9/24/2013 6
West
57.4
1.1%
North
Central
59.6
-1.5%
Northeast
36.8
-1.3%
South
Atlantic
53.0
-1.3%
South
Gulf
51.4
0.2%
Figures indicate VMT (in billions) by region.
Percentages show change in traffic between June 2012 and June 2013.
Source: U.S. Department of Transportation
7. Gross Domestic Product and Per Capita Driving
9/24/2013 7Source: FHWA; Bureau of Economic Analysis; Census Bureau.
GDP and the volume of driving moved together during the Driving Boom, before diverging
around the year 2000.
8. Scenarios of Future Vehicle Miles Traveled
9/24/2013 8
“Conditions and Performance,” U.S. Dept. of Transportation, 2010.
“Paving Our Way,” National Surface Transportation Infrastructure
Financing Committee, 2009 .
“Annual Energy Outlook 2013,” U.S. Energy Information
Administration, 2012.
“Back to the Future” Scenario: driving will revert to peak levels and
grow with population.
Actual Vehicle Miles Traveled
“Enduring Shift” Scenario: the reduction in driving will be sustained,
as today’s driving habits continue into the future.
“Ongoing Decline” Scenario: the recent decline in driving is the
beginning of a deeper change in transportation patterns.
U.S. Government Forecasts of Future Driving Patterns
U.S. PIRG Three Scenarios of Future Driving
Source: U.S. PIRG
VehicleMilesTraveled(Millions)
Forecasts from the U.S. government project a continued increase in VMT, whereas
scenario analysis from the U.S. PIRG predict lower rates in VMT.
In this EcoWest presentation, we explore the state-by-state story behind the recent decline in driving in the United States.
Narrative: During a sixty-year “Driving Boom,” Americans increased their driving nearly every year since 1946. Per capita vehicle miles traveled (VMT) peaked in 2004 nationally, and in 2002 in the West. There are only four states (North Dakota, Nevada, Louisiana, and Alabama) where driving miles per capita in 2011 were above their 2004 or 2005 levels. Since 2005, several states—including Alaska, Delaware, Oregon, Georgia, Wyoming, and South Carolina—have actually seen double-digit percent reductions in per capita VMT. Source: “Moving Off the Road: A State-by-State Analysis of the National Decline in Driving” (U.S. PIRG, 2013)URL: http://uspirg.org/sites/pirg/files/reports/Moving_Off_the_Road_USPIRG.pdf
Narrative: At the regional level, individuals drove the fewest number of miles in the Northeast, followed by the West. Within the West, residents in Washington state recorded the lowest VMT (8,339 miles in 2011), while Wyoming residents accounted for the highest VMT (16,272 miles). Source: “Moving Off the Road: A State-by-State Analysis of the National Decline in Driving” (U.S. PIRG, 2013)URL: http://uspirg.org/sites/pirg/files/reports/Moving_Off_the_Road_USPIRG.pdf
Narrative:U.S. PIRG examined multiple variables – including population density, median household income, and frequency of working from home – in an attempt to explain the differences in per capita driving across states. It found only a rough correlation between more urban populations and lower VMT. Annually, residents in urban areas drive roughly 9,930 miles, whereas those in rural areas drive an average of 14,850 miles. Source: “Moving Off the Road: A State-by-State Analysis of the National Decline in Driving” (U.S. PIRG, 2013)URL: http://uspirg.org/sites/pirg/files/reports/Moving_Off_the_Road_USPIRG.pdf
Narrative: Nationally, annual VMT per capita peaked in the year 2004, on average. Among states in the West, VMT per capita peaked in 2002, on average. At the state-by-state level, Oregon observed the highest percent decline in VMT since its peak year in 2009. Source: “Moving Off the Road: A State-by-State Analysis of the National Decline in Driving” (U.S. PIRG, 2013)URL: http://uspirg.org/sites/pirg/files/reports/Moving_Off_the_Road_USPIRG.pdf
Narrative: This map shows traffic volume trends by region using data from the U.S. Department of Transportation. Nationally, VMT decreased by 0.4% for June 2013, as compared with June 2012. The sharpest decrease was seen in the North Central region, with a decline of 1.5% between June 2012 and June 2013. The West showed the sharpest increase in VMT during the same time period, with an increase of 1.1%. Source: U.S. Department of Transportation, Federal Highway Administration URL: http://www.fhwa.dot.gov/policyinformation/travel_monitoring/13juntvt/index.cfmNote: The U.S. DOT includes both Hawaii and Alaska in its calculations for the West. Traditionally, EcoWest analysis includes only the 11 contiguous Western states, excluding Hawaii and Alaska.
Narrative: The report examined the relationship between the economy and the decline in driving. As this figure demonstrates, per capita driving and national GDP moved in tandem throughout the Driving Boom (1960s to early 2000s). At the beginning of the 21st century, the two metrics decoupled: GDP continued to increase, while driving declined or remained steady.Source: “A New DirectionOur Changing Relationship with Driving and the Implications for America’s Future” (U.S. PIRG and Frontier Group, Spring 2013) URL: http://www.uspirg.org/sites/pirg/files/reports/A%20New%20Direction%20vUS.pdf
Narrative: The U.S. government forecasts a steady increase in annual driving, with a projected increase in the range of 44%-67% in miles driven by 2040. The U.S. PIRG created its own scenarios for the future of driving, all of which predict lower VMT trend lines than government forecasts. The observed VMT during 2010-2013 shows that Americans are already driving fewer miles than was forecasted by the government only a few years ago. Source: “A New DirectionOur Changing Relationship with Driving and the Implications for America’s Future” (U.S. PIRG and Frontier Group, Spring 2013) URL: http://www.uspirg.org/sites/pirg/files/reports/A%20New%20Direction%20vUS.pdf