Duende wrote:Do you believe those in developing countries, as they gain affluence, will settle for less-than-developed world resource consumption due to cultural differences?
There will always be those who go the conspicuous consumption route. There will always be differences between regions, between urban vs rural. But I get the sense that more people are getting aware that it's probably not a very good idea to blindly follow the Western ways.Duende wrote:Do you believe those in developing countries, as they gain affluence, will settle for less-than-developed world resource consumption due to cultural differences?
This may be true for a small number, but I bet 99% of Asians living in Asia who do not have a car would love to have a car. And resource depletion is what it's all about. Everything else is art.lowem wrote:There will always be those who go the conspicuous consumption route. There will always be differences between regions, between urban vs rural. But I get the sense that more people are getting aware that it's probably not a very good idea to blindly follow the Western ways.Duende wrote:Do you believe those in developing countries, as they gain affluence, will settle for less-than-developed world resource consumption due to cultural differences?
eastbay wrote:This may be true for a small number, but I bet 99% of Asians living in Asia who do not have a car would love to have a car. And resource depletion is what it's all about. Everything else is art.
Ok, that may be true, it might be closer to 98%, but either way it's a craving nearly everyone everywhere has.lowem wrote:Well I dunno about 99% but again I'd say it depends on region and whether we're talking urban or rural. It's getting more of a hassle actually to own a car over here in Singapore - for me it's a 30-minute bus ride from work to home and a 25-minute MRT (subway/metro) ride to the downturn area - as described in detail here.
But if you're talking about the Indian farmer who's buying his first Tata Nano or the Chinese farmer buying his first Chery car, then, yeah, it's resource depletion full speed ahead at maximum warp, folks
Kristen wrote:Unfortunately, they are in awe of our culture of materialism. This is simply because all the folks in Marketing have done a great job portraying the United States as a modern heaven.
eastbay wrote:... the dreams and economic aspirations of the workers, farmers, and youth just about everywhere generally include future car ownership. That's why there are a billion gas burning cars out there with around 40 million added each year. It represents status, wealth, position, and is one heck of a lot easier than walking, bussing, or commuter rail in most places. That's why the 'cliff' will be sharp. And why the prices will escalate something fierce soon.
I think some perspective is useful in this case. The Nano is about $2,200, so an Indian farmer, assuming their wages are at the median, which they probably aren't, buying a Nano would be equivalent to the average American buying a $60,000 auto of some sort. That's not gonna happen any time soon. A $1,000 scooter, or used car, maybe, but even then it probab ly won't be farmers buying them.lowem wrote:But if you're talking about the Indian farmer who's buying his first Tata Nano or the Chinese farmer buying his first Chery car, then, yeah, it's resource depletion full speed ahead at maximum warp, folks
Professor Membrane wrote: Not now son, I'm making ... TOAST!
At that rate? I think you're assuming China's auto sales will stagnate at 10 million/y. That is wishful thinking. Barring an immense economic catastrophe, sales will increase everywhere until the moment gasoline becomes too costly to burn in cars. China now buys more cars than the USA does. The growth in China's auto sales is larger than any other nation so expect the number of cars in China to catch up to the USA and Europe fairly soon. Like, shockingly soon. Meaning shocking gas consumption.yesplease wrote:Right now, the transportation break down in China is about 25 million cars, 100+ million e-bikes/scooters, probably about the same number of gas bikes/scooters, and a half a billion bikes IIRC. At the current rate, an extra ~10 million cars/year, assuming Chinese drivers pull 12,000 miles/year, they're consuming an extra ~.2% of world oil production per year. At that rate, they'll need a a bit less than a half century to catch up with American oil consumption in autos. If anything, it's OECD consumption and OPEC restrictions that drive oil prices, and it'll likely stay that way for at least two more decades.
I believe that they will push for the highest standard of living they can attain. It will not match what we have, but it will further depletion.Duende wrote:Do you believe those in developing countries, as they gain affluence, will settle for less-than-developed world resource consumption due to cultural differences?
Even if they stagnate at 20 million/year, it'll still be over two decades, like I mentioned, until they reach the level of gasoline consumption in the states, assuming they don't continue to increase the fleet FE figures over the current 37mpg IIRC.eastbay wrote:At that rate? I think you're assuming China's auto sales will stagnate at 10 million/y. That is wishful thinking.
Well, if you pretend there's no such thing as price/income elasticity of demand, sure. In the real world, it doesn't work that way. Greater costs decrease demand all things being equal. You can't have more and more conventional car sales every year along w/ higher and higher oil prices every year.eastbay wrote:Barring an immense economic catastrophe, sales will increase everywhere until the moment gasoline becomes too costly to burn in cars.
How soon? I doubt they'll catch up any sooner than two decades from now.eastbay wrote:China now buys more cars than the USA does. The growth in China's auto sales is larger than any other nation so expect the number of cars in China to catch up to the USA and Europe fairly soon. Like, shockingly soon. Meaning shocking gas consumption.
Professor Membrane wrote: Not now son, I'm making ... TOAST!
Professor Membrane wrote: Not now son, I'm making ... TOAST!
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