You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

GAO report on high speed rail [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Topic Forums » Environment/Energy Donate to DU
bananas Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-26-09 04:14 AM
Original message
GAO report on high speed rail
Advertisements [?]
The GAO report is at http://www.gao.gov/products/GAO-09-317

Some articles about it:
Given the challenges, how do Asian and European countries pay for their high-speed trains? The GAO found that fast rail systems in France, Spain and Japan are generating sufficient passenger revenue to cover ongoing expenses but not the cost of building the systems in the first place an expense officials in those countries justify for environmental or other societal reasons. In the countries we visited, the central government generally funds the majority of up-front costs . . . without the expectation that their investment will be recouped through ticket revenues, the agencys report said.

http://trains4america.wordpress.com/2009/04/19/cq-weekly-comments-on-political-and-economic-challents-for-high-speed-rail/


Susan Fleming, GAOs director of physical infrastructure issues, summarized the reports findings succinctly in her prepared testimony for an April 1 House Appropriations subcommittee hearing on high-speed rail. In summary, she wrote, high speed rail does not offer a quick or simple solution to relieving congestion on our nations highways and airways. High speed rail projects are costly, risky, take years to develop and build, and require substantial up-front public investment as well as potentially long-term operating subsidies. Yet the potential benefits of high speed rail both to riders and nonriders are many.

http://trains4america.wordpress.com/2009/04/20/gao-report-on-high-speed-rail/




Printer Friendly | Permalink |  | Top
 

Home » Discuss » Topic Forums » Environment/Energy Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC