The Sharing Economy and Rentals
Environmental and Social Effects
Sharing may cut waste by increasing use of assets, but it can also encourage more consumption and travel.
Not automatically green.
Utilisation
A tool used by many people avoids extra manufacturing.
Rebound effect
Cheap rides and stays can lead to more travel and consumption.
Congestion
More cars for hire can worsen traffic.
Social
Trust and community can be strengthened, but so can inequality of access.
More trips
Cheap rides encourage people to take taxis instead of walking or using buses.
Believing sharing always saves resources
It can increase use.
Key takeaways
- High utilisation saves resources.
- Rebound effects exist.
- Congestion may rise.
- Social effects vary.
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