High-Speed Rail Investment in U.S. Would Result in $26.4 Billion Net Benefits by 2040
July 17th, 2012 by James Ayre
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).
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.
About the Author
James Ayre 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.
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