“President Obama’s vision for high-speed rail mirrors that of President Eisenhower, the father of the Interstate highway system, which revolutionized.

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Presentation transcript:

“President Obama’s vision for high-speed rail mirrors that of President Eisenhower, the father of the Interstate highway system, which revolutionized the way Americans traveled.” —White House news release

Unasked Questions How much will it cost? How to pay for it? Who will ride it? Do benefits exceed costs?

Type/Location Top Speed Average Speed Very Hi-Speed (California) High-Speed (Florida) Moderate- Speed (31 States)

Costs Moderate-speed in Midwest: $2.4 million/mile in 2004 Moderate-speed NYC-Buffalo: $3.9 million/mile in 2005 High-speed in Florida: $25 million/mile in 2005 Very high-speed in California: $67 million/mile in 2008

Inflation-Adjusted Costs Moderate-speed rail: $3.5 million/mile High-speed in Florida: $31 million/mile Very high-speed in California: $67 million/mile

Interstate Highway System

DC to NYC ModeTimeFare Acela2:50$99 Regional3:1549 Bus4:1520 Air1:00119

Fewer than 8% of Americans work in downtowns Fewer than 1% of Americans live in downtowns

“We calculated a total emissions savings of 6 billion pounds of CO2 per year if all proposed high speed rail systems studied for this project are built.”

Assumptions ”Relatively low fuel prices and a continuing trend of drivers switching to sport utility vehicles” = average 23 mpg 1.6 passengers per auto Airline efficiencies grow 0.6 percent per year Trains 70 percent full

Alternative Assumptions Obama’s fuel-economy standards will increase average mpg to 29 by passengers per auto in intercity traffic Airline efficiencies have grown by 3.2 percent per year Amtrak trains only 51% full

“Intercity auto trips tend to be relatively efficient highway trips with higher- than-average vehicle occupancy rates—on average, they are as energy- efficient as rail intercity trips.”

“Additionally, if passenger rail competes for modal share by moving to high speed service, its energy efficiency should be reduced somewhat—making overall energy savings even more problematic.”

“The environmentally preferred alternative is the No Build Alternative.”