It's madness! At least venture madness, as startups compete for funding.
As Millennial generation matures into adulthood, driving continues to decline
A new report from the Arizona PIRG Education Fund says the state's driving boom is over. It says total vehicle travel miles peaked in 2007, and PIRG's Serena Unrein says driving is likely to decline further because of demographic changes involving the Millennial generation: those people born between 1983 and 2000.
“As more and more Millennials become adults and their tendency to drive less becomes the norm, the reduction in driving likely will be even larger,” Urein said. “That means that our transportation policies really need an update so they can reflect how Arizonans are getting around.”
Unrein says Millennials are more likely to live in walkable neighborhoods, and use bicycles and public transit. She says they drove 23-percent fewer miles in 2009, than in 2001.