Car-sharing 'can cut emissions and congestion'

Thu, 24 Jan 2008
Motorists in the UK are doing their bit for the environment by sharing journeys, new research has shown.

According to the Department for Transport (DfT), more than half of drivers have travelled with somebody else over the last month.

In addition to easing congestion and reducing carbon emissions, the DfT adds that the activity can also see people save money.

Further figures show that one per cent of workplaces offer a formal car-sharing scheme for colleagues.

But Rosie Winterton, transport minister, believes that firms should be doing more to promote this.

"Car sharing helps reduce congestion, tackle pollution and carbon emissions and importantly, cut the costs of travelling [but] it highlights that formal schemes run by employers are still in a small minority," she said.

Meanwhile, Motor Trader has cited Society of Motor Manufacturers and Traders figures showing that CO2 emissions from vehicles made in the UK have fallen 41.7 per cent in the past five years.ADNFCR-1081-ID-18440257-ADNFCR

Comments

Add a comment

 

Ask Honest John

Value my car

Amount to borrow
Sorry. The minimum loan amount is £1000
To pay back over

My credit score

Best available rate 9.20%

Total repayment £9,304.93

Total cost of credit £1,804.93

£155.08

60 monthly payments

Apply now

Representative example

The Representative APR is 13.2% (fixed) so if you borrow £7,500 over 4 years at a rate of 13.2% p.a (fixed) you will repay £199.21 per month and repay £9562.20 in total.

CarFinance 247 Limited is acting as an independent credit broker