Public costs - car issue
The external costs of automobiles, as similarly other economic externalities, are the measurable costs for other parties except the car proprietor, such costs not being taken into account when the proprietor opts to drive their car. According to the Harvard University,11 the main externalities of driving are local and global pollution, oil dependence, traffic congestion and traffic accidents; while according to a meta-study conducted by the Delft University12 these externalities are congestion and scarcity costs, accident costs, air pollution costs, noise costs, climate change costs, costs for nature and landscape, costs for water pollution, costs for soil pollution and costs of energy dependency. The existence of the car allows on-demand travel, given, that the necessary infrastructure is in place. This infrastructure represents a monetary cost, but also cost in terms of common assets that are difficult to represent monetarily, such as land use and air pollution.
Car - fuel technologies
Most cars in use today are propelled by an internal combustion engine, fueled by deflagration of gasoline or diesel. Both fuels are known to cause air pollution and are also blamed for contributing to climate change and global warming.4 Rapidly increasing oil prices, concerns about oil dependence, tightening environmental laws and restrictions on greenhouse gas emissions are propelling work on alternative power systems for cars. Efforts to improve or replace existing technologies include the development of hybrid vehicles, plug-in electric vehicles and hydrogen vehicles. Vehicles using alternative fuels such as ethanol flexible-fuel vehicles and natural gas vehicles are also gaining popularity in some countries. Cars for racing or speed records have sometimes employed jet or rocket engines, but these are impractical for common use.
Oil consumption in the twentieth and twenty-first centuries has been abundantly pushed by car growth; the 1985?2003 oil glut even fuelled the sales of low-economy vehicles in OECD countries. The BRIC countries are adding to this consumption; in December 2009 China was briefly the largest car market.35
Why do some cars can afford only the richest?
Luxury car brand virtually since their inception are surrounded with an aura of mystery for average earners. Although over the years the exclusive, global brand cars were beginning to reveal its secrets to the outside world and show their offer, however, to this day, some car models are intended only for the richest people in the world. Luxury cars are a sign of prestige and good luck, while allowing very stand out in the crowd. Most of them are made of special materials and to achieve a surprisingly high speed. Another advantage of these cars is equipped with many different, sometimes very expensive gadgets.