"Only in places with greater population densities, such as Europe and Asia, is high-speed rail potentially attractive. Even there, most of the existing high-speed trains don't earn 'enough revenue to cover both their construction and operating costs,' the Congressional Research Service report said. The major exceptions seem to be the Tokyo-Osaka and Paris-Lyon lines."
(from Wikimedia Commons) |
- New Jersey 1,174
- Rhode Island 1,008
- Massacusetts 841
- Connecticut 726
- UK 656
- Germany 593
- Maryland 583
- Delaware 453
- New York 414
- Florida 344
- France 310
- Ohio 282
- Pennsylvania 281
- E. Coast (MA-FL) 276
- California 237
- Illinois 232
- Spain 210
- Hawaii 202
Now the second point: "high-speed trains don't earn 'enough revenue to cover both their construction and operating costs." Neither do highways. In fact most highways earn no revenues at all. Zero. So what's his point? Highways don't earn enough revenues to cover EITHER their construction or operating costs. Virtually all transportation systems are subsidized. So the decision is not whether a system can pay for itself--none do--but rather which systems make the most sense for long-term growth, environmental impact, competitiveness, value, flexibility, etc. The very fact that some high-speed rail lines actually DO pay for themselves, as he points out, makes a strong argument for choosing them over highways, which never do.
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