Begin Your New Life Today, Your Destinies (DESTINS in French):

Join us or purchase a share, just send us an email and we will help you create a

Diversified, Eco-logical, Sustainable, Tax optimal, Income generating, New and Sharing portfolio

Discover FEM: generational health and security

Is car-pooling really environment-friendly?

Is car-pooling really environment-friendly?

All media are enthusiastic about the constant increase of car-pooling; in France, it grows by 100% per year, its champion being Blablacar with 2 million passengers per month.

But is car-pooling really good for the planet? Not so sure, in fact.

For sure, 2 million passengers per month represent something considerable, representing more than 2 000 double-size trains.

Studies show that mostly, car-pooling websites attract users who consider that train or plane are too expensive. For sure, for 2 persons or more, fares of train journey cannot compete with sharing cost of riding by car, and if you are alone, only low-fare train tickets can compete with car.

But what about CO2 emission?

The myTripSet too on website SNCFVoyages.com, which compares prices and CO2 emissions, gives some interesting information. Train is widely the least CO2 emitter. E.g. a journey Paris-Nantes in TGV emits only 4 kg of CO2. To be compared to 75 kg of a car * and 90 kg of plane. SNCF estimates that average CO2 emission level of train is 13 g per person and per km.

OK, then car-pooling is not environment friendly if we look at gross figures.

 

Anther argument, does car-pooling lower the number of cars on roads?

It would be great, but truth leads us to answer no in fact: even if they don't have paying passengers, most drivers would not cancel their journey and, mostly, they would not travel by train either.

On the other side, most passengers do not own a car: if not travelling by car-pooling, most passengers would have cancelled or postponed their journey, instead of travelling by train which they often cannot afford. Then, contrarily to a common idea, long-distance car-pooling websites (like Blablacar) ease and increase the number of travels by car, and they take some customers to train, which is more ecological.

This is also valid for home-to-work daily rides: car-pooling permits to share parking places but its use is an incentive to come to work by car instead of using bus or train. Once again, not very ecological.

As a conclusion, car-pooling is not very environment-friendly. However, the other arguments are still valid, like not travelling alone on a long journey, sharing cost or increasing your security (spontaneous and local car-pooling like www.zenoncar.com permits to find a driver to return home if you are unable to drive your own car, e.g. drunk or injured).

Saving for Retirement

The American View

Saving for Retirement
Many people are overwhelmed by the responsibility of having to amass enough cash for retirement. Only about half of workers participate in a workplace retirement savings plan, according to the US Bureau of Labor Statistics. And once they have a retirement account, few people ever do their math's on how much money they’ll need to be able to retire or check if they’re on pace to get there.

Good-News Health Stories of 2015

Let's Concentrate on the Positive and Not Just the Negaitive

Good-News Health Stories of 2015

The Top 6 Good-News Stories of 2015 Dec 18, 2015 From Bill Gates Notes: 1. Africa Went a Year Without Any Polio On July 24, Nigeria marked one full year without a single new case of locally acquired polio, the crippling and sometimes fatal disease. It is the last country in Africa to stop transmission of wild polio. This milestone represents a huge victory—one that some experts feared would never come.

UK Government Proposing a Secondary Market for Existing Pension Annuities.

UK Pensions

UK Government Proposing a Secondary Market for Existing Pension Annuities.

Following on from the recent pension freedoms introduced which mean that you are no longer obliged to buy an annuity for your complementary pension; the government have realised that many existing annuity holders feel left out. They therefore propose to create a secondary market so that you could sell your annuity back, probably to other institutions who may want to buy.

We use cookies to give you the best online experience. By using our website you agree to our use of cookies in accordance with our cookie policy.