Connect with us

Hi, what are you looking for?

CleanTechnica

Clean Transport

High-Speed Rail Investment in U.S. Would Result in $26.4 Billion Net Benefits by 2040

 
The main argument against building high-speed rail in America is that it’s too expensive. Fortunately, that is simply not true. The net benefits far exceed the cost, as is explained in a new report just released at a Congressional briefing by the American Public Transportation Association (APTA).

high speed train

Image Credit: Maglev high-speed train via Wikimedia Commons

The report, titled “Opportunity Cost of Inaction: High-Speed Rail and High Performance Passenger Rail Service,” details how building a high-speed rail program in the U.S. will result in $26.4 billion in net benefits over the next 40 years.

Anti-rail protesters, politicians, and media critics get one of their central arguments wrong, time and time again. While the upfront costs of high-speed rail may look big, the long-term benefits far exceed the costs.

For APTA’s full news release on this matter, jump on over to Page 2.

 

Advertisement
 
Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Pages: 1 2

Written By

James Ayre's background is predominantly in geopolitics and history, but he has an obsessive interest in pretty much everything. After an early life spent in the Imperial Free City of Dortmund, James followed the river Ruhr to Cofbuokheim, where he attended the University of Astnide. And where he also briefly considered entering the coal mining business. He currently writes for a living, on a broad variety of subjects, ranging from science, to politics, to military history, to renewable energy.

Comments

You May Also Like

Clean Transport

A world where it’s possible to travel long distances, very rapidly, while completely avoiding all of the pitfalls that accompany air travel — both...

Clean Transport

Reposted from EVObsession: U.S. high-speed rail (HSR) is a dream of many, including President Obama and Vice President Biden. The Obama administration and Congress...

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.