World Economic Forum Says It Is 'Time to Look Beyond' Private Vehicle and Home Ownership

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The World Economic Forum (WEF) published a paper last week calling for the end of “wasteful” private car ownership. The WEF argued that communal sharing of cars would lessen global demands for precious metals and fossil fuels.

The WEF’s July 18 paper titled “3 circular economy approaches to reduce demand for critical metals” began by saying, “We need a clean energy revolution, and we need it now.”

The article continued, “But this transition from fossil fuels to renewables will need large supplies of critical metals such as cobalt, lithium, nickel, to name a few. Shortages of these critical minerals could raise the costs of clean energy technologies.”

The WEF went on to state that while mining more is one route, doing so could produce “unintended consequences,” and therefore “it is time to look beyond” the current solution and consider “three mindset changes” that can “help reduce demand for critical metals.”

The WEF stated “Be honest, you likely have at least one old mobile phone tucked in the bottom of a drawer. Possibly an unused hard drive taking up space too. You aren’t alone.”

According to the paper, “The average car or van in England is driven just 4% of the time.”

The WEF argued for people to sell their cars, walk or share vehicles because “Car sharing platforms such as Getaround and BlueSG have already seized that opportunity to offer vehicles where you pay per hour used.”

However, the organization which promotes the “Great Reset” did not stop there and went on to say that this theory can be applied to everything from cars to private homes.

The first change encourages people to “Go from owning to using.”

“More sharing can reduce ownership of idle equipment and thus material usage.”

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