In a story first run in the Wall Street Journal, and picked up by this fantastic cleantech news aggregator, surprising news about the pace of decrease in demand for the automobile in Europe:

Increased environmental awareness does encourage some people to drive less, and travel by foot, bicycle, or public transit more often.

In 2007, 16 million cars were registered in the European Union, however, that many registrations is unlikely to happen again, and may instead drop down to 11 million registrations, which is equivalent to that of 1993 before the number of registrations stabilizes.

Read the whole story here.