British gas guzzlers to pay more to park

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British gas guzzlers to pay more to park
By Courtney French Associated Press Writer
Presented by Shane Bennett, Eric Saff and
Jennifer Miller
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Summary

• New parking fees established in Richmond, London

• Fees assessed based on vehicles emissions

• On going battle between car owners, car
  manufacturers, and environmentalists

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Climate change is the defining issue of our age-
it is clear that we must all change our behavior
to combat its effects
-Serge Lourie
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Could this idea pick up momentum?

• Local to Richmond, London

• Possible consideration with nine other councils

• Global consideration

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International Implications

• Automobile industry
• (Ford, GM, Daimler Chrysler)

• Global concern for adoption of this idea

• Change in consumer preference

• Change in Ford and GM targeting European
• market (i.e. young adults)

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Local Implications

• Change in consumer preference

• Changes in local manufacturers and their target
  market

• Increased demand for public transportation

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• What Next!?

• Fees based on speeding

• Tax breaks for car pooling?
• Adaptation to other modes of transportation
• Less dependence on oil

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• Conclusion

• What this could mean for manufacturers
• What this could mean for you

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• Q A