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Posts Tagged ‘Intercity Passenger Rail’

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

Thursday, July 12th, 2012

AMERICAN PUBLIC TRANSPORTATION ASSOCIATION
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.

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Posted in Aging Infrastructure, Funding, High Speed Rail, Infra Views, Local, National, Public Transportation, Rail

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