Opportunity Cost of Inaction: High-Speed Rail and High Performance Passenger Rail in the United States

Posted by Content Coordinator on Thursday, July 12th, 2012

AMERICAN PUBLIC TRANSPORTATION ASSOCIATION

Executive Summary

This paper addresses the initial investment and on-going cost of operation and maintenance of high- performance passenger rail (HPPR) in four of the Federal Railroad Administration (FRA) sanctioned HPPR regional networks – Northeast, Chicago Hub, California, and Northwest – over a 40 year period. The system can generate a net benefit of at least $660 million annually. If the nation should forgo this opportunity, it stands to sustain a cost of at least $26.4 billion in foregone economic benefits over the next four decades.

Studies by the Government Accountability Office (GAO), the European Union (EU), the International Union of Railroads (UIC), the American Association of State Highway and Transportation Officials (AASHTO) and others, suggest that the actual cost of building and/or improving rail lines is significantly less than the cost per mile of alternatives. In fact, in many corridors, passenger rail is the only feasible option for adding capacity, given the practical constraints facing aviation and highway expansion.

Passenger rail will benefit public transportation—regional HPPR networks will amplify the agglomeration economies associated with public transportation. Though not specifically enumerated in this paper, we anticipate these impacts will significantly increase net benefits.

The regional opportunity costs are also substantial. Not building HSR in California would cost the state $8.2 billion in foregone benefits over 40 years. The Midwest would forego $11.7 billion over 40 years. The Northeast Corridor would forego $5.5 billion over 40 years. The Pacific Northwest would forego $1.1 billion over 40 years.

This report provides clear evidence that maintaining the status quo will be an increasingly expensive proposition for American taxpayers.

Download full report (PDF): Opportunity Cost of Inaction: High-Speed Rail and High Performance Passenger Rail in the United States

About the American Public Transportation Association
www.apta.com
“To strengthen and improve public transportation, APTA serves and leads its diverse membership through advocacy, innovation and information sharing. APTA and its members and staff work to ensure that public transportation is available and accessible for all Americans in communities across the country.”

Tags: , ,

Comments are closed.

Follow InfraUSA on Twitter Facebook YouTube Flickr

CATEGORIES


Show us your infra! Show us your infra!

Video, stills and tales. Share images of the Infra in your community that demands attention. Post your ideas about national Infra issues. Go ahead. Show Us Your Infra!  Upload and instantly share your message.

Polls Polls

Is the administration moving fast enough on Infra issues? Are Americans prepared to pay more taxes for repairs? Should job creation be the guiding determination? Vote now!

Views

What do the experts think? This is where the nation's public policy organizations, trade associations and think tanks weigh in with analysis on Infra issues. Tell them what you think.  Ask questions.  Share a different view.

Blog

The Infra Blog offers cutting edge perspective on a broad spectrum of Infra topics. Frequent updates and provocative posts highlight hot button topics -- essential ingredients of a national Infra dialogue.


Dear Friends,

 

It is encouraging to finally see clear signs of federal action to support a comprehensive US infrastructure investment plan.

 

Now more than ever, our advocacy is needed to keep stakeholders informed and connected, and to hold politicians to their promises to finally fix our nation’s ailing infrastructure.

 

We have already engaged nearly 280,000 users, and hoping to add many more as interest continues to grow.

 

We require your support in order to rise to this occasion, to make the most of this opportunity. Please consider making a tax-deductible donation to InfrastructureUSA.org.

 

Steve Anderson

Managing Director

 

SteveAnderson@InfrastructureUSA.org

917-940-7125

InfrastructureUSA: Citizen Dialogue About Civil Infrastructure