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Will we ever reach the point of 'peak car'?

Will we reach ‘peak car’, after which we can begin to reduce the number of cars on the roads?

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As a baby-boomer I have lived through a 50 year period where life has become dominated by and dependent on the use of the private car. I wonder whether other people are sharing my expectation that there will be a very much shorter period, equivalent  to a revolution, where the car moves into the background?

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