Follow Us

3 Reasons Why Obamas High-Speed Rail Will Go Nowhere Fast

Source:YouTube
Country:UNITED STATES
State:Washington
Published:1/13/2011 10:31:32 PM
Views:342 -25%
Clicks:6

Summary

3 Reasons Why Obama's High-Speed Rail Will Go Nowhere Fast President Barack Obama has pledged $8 billion in tax dollars to build a national network of high-speed rail—trains that can carry passengers at speeds in excess of 150 MPH. But the Supertrain fantasy was a mistake back in the 1970s, when it gave rise to one of the most expensive—and rotten—TV shows in history. And it's just as much of a wreck in the 21st century for at least three reasons: 1. The lowball costs. CNN estimates that delivering on the plan could cost well over $500 billion and take decades to build, all while failing to cover much of the country at all. Internationally, only two high-speed rail lines have recouped their capital costs and all depend on huge subsidies to stay in operation. 2. The supposed benefits. "We're gonna be taking cars off of congested highways and reducing carbon emissions," says Vice President Joe Biden, an ardent rail booster. But most traffic jams are urban, not inter-city, so high-speed rail between metro areas will have no effect on your daily commute. And when construction costs are factored in, high-speed rail "may yield only marginal net greenhouse gas reductions," say UC-Berkeley researchers. 3. The delusional Amtrak example. Obama and Biden look to Amtrak as precedent, but since its founding in 1971, the nation's passenger rail system has sucked up almost $35 billion in subsidies and, says The Washington Post's Robert J. Samuelson, "a typical trip is subsidized by about $50." About 140 million Americans shlep to work every day .. From: ReasonTV Views: 95479 848 ratings Time: 03:08 More in News & Politics READ MORE


emission

| |

Comments

There are no comments

Popular Events

There are no Events popular in this category

Sponsors

LANGUAGE




Popular News


    The More Money We Have, the Less We Care About the Impacts of Our Consumption

    The More Money We Have, the Less We Care About the
    | |

    High Energy Cosmic Rays Could Give Clues to Whether Our Universe is a Simulation

    High Energy Cosmic Rays Could Give Clues to
    | |

    The Air We Breathe Definitively and Scientifically Linked to Cancer

    The Air We Breathe Definitively and Scientifically
    | |

    Repurposed parachutes become low-cost portable rainwater harvesters

    Repurposed parachutes become low-cost portable
    | |

    #SustyGoals 7: How Biogen Uses Context-Based Sustainability to Set Environmental Goals

    #SustyGoals 7: How Biogen Uses Context-Based
    | |

    Should America Get Behind The Fuels Of The Future Or The Past?

    Should America Get Behind The Fuels Of The Future
    | |

About EnvironmentGuru

EnvironmentGuru.com is the largest online search portal that offers a place for environmental professionals to collaborate, find, and distribute environmental information from social, news, universities, governemnt agencies, and you. Built off state of the art technology and developed considering security as the highest priority. 

Find Out More →