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If the harm to society is 1M$ per car, should we be driving them at all?
by PeterSmit 2y ago
If the harm to society is 1M$ per car, should we be driving them at all?
- olalonde 2y agoNo, we shouldn't. But the cost of installing bollards and the "harm to society" are two distinct costs. There are about 2.37 pedestrian deaths per billion vehicle miles traveled in America. Even if we assign a generous cost of 5M$ per life lost, that only amounts to a 0.01$ per mile driven, which is probably not enough to cover the cost of installing bollards all over the place.
- slow_typist 2y agoHow about 10 bollards per sold car, you can probably get away with $ 1k per bollard (including installation), most cars cost a multiple of 10k. Let‘s see how far that gets you. You can of course modify the bollard tax by car weight or by price.
- michaelmior 2y agoSo $10K extra per car? Assuming we're talking the US here where the average price of a new car is under $50K, that's more than a 20% bollard tax.
- slow_typist 2y agoThe average price is really that low? Do you have any pointers/data?
- michaelmior 2y agoThis Fortune article[0] lists an average as of January of $47,338, I believe based on Kelley Blue Book. [0] https://fortune.com/2024/02/28/how-expensive-new-used-cars-outlook-forecast/ https://fortune.com/2024/02/28/how-expensive-new-used-cars-o...