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Two On Issue Energy Subsidies

The WSJ has ii proficient as well as related opeds on liberate energy as well as carry subsidies recently, Randall O'Toole on Last Stop on the Light-Rail Gravy Train and Lee Ohanian as well as  Ted Temzelides write on liberate energy as well as carry subsidies

O'Toole:
Last month, Nashville Mayor Megan Berry announced a $5.2 billion proposal that involves edifice 26 miles of lite runway as well as earthworks an expensive tunnel nether the city’s downtown. Voters volition live asked inwards May to approve a half-cent sales revenue enhancement growth plus additions to hotel, auto rental as well as concern excise taxes to pay for the project.
Just inwards fourth dimension for self-driving Ubers to arrive.

I dearest trains. But nosotros direct maintain to acknowledge practicalities. One transportation economist summed all at that spot is to know close transit amongst "Bus Good. Train Bad." (With a few exceptions, such every bit Manhattan.)  And lite rail, worse. Trains are expensive, as well as in 1 lawsuit built, immobile. If people desire to larn somewhere else, tough. Rolling stock lasts to a greater extent than or less 50 years, pregnant they bake inwards technical obsolescence. Trains bear far fewer people per lane-mile than busses. And a fleet of self-driving Ubers linked yesteryear estimator volition live able to role coach lanes.

Actually, fifty-fifty buses are to a greater extent than as well as to a greater extent than questionable. As I expect for the interminable lights on El Camino to cross to Stanford (on bicycle), I direct maintain taken to counting passengers on the well-subsidized coach line. The modal publish is zero.

As Randy has pointed out elsewhere, the primary beneficiaries of lite runway are suburban largely white commuters amongst a nostalgia affair for trains. The primary people paying for it are inner metropolis minorities who don't larn coach service anymore.
To pay for novel light-rail lines that opened inwards 2012 as well as 2016, Los Angeles cutting coach service. The metropolis lost nearly iv coach riders for every additional runway rider.
Congestion got yous down? Real fourth dimension tolling, adjusted infinitesimal yesteryear minute, volition either cure traffic congestion forever, or volition bail out indebted local governments amongst massive revenues, or both. Or, permit people alive somewhere close where they work!

Lee as well as Ted consider the transition from Equus caballus to auto as well as truck,
‘In 50 years, every street inwards London volition live buried nether nine feet of manure.” With this 1894 prediction, the London Times warned that the era’s primary source of transportation energy—the horse—would shortly practise an environmental crisis. ...
The enormous need for a cleaner as well as to a greater extent than efficient source of liberate energy led to remarkable innovations inwards the internal combustion engine. By 1920 horses inwards cities had been almost alone replaced yesteryear affordable autos as well as trucks...
And to live honest, Equus caballus manure replaced yesteryear auto exhaust -- but every bit bad every bit auto exhaust is, it's a lot amend than Equus caballus manure.
Suppose governments inwards the 1890s, desperate to supplant the horse, had jumped on the commencement available alternative, the steam engine. Heavy subsidies would direct maintain produced to a greater extent than steam engines as well as to a greater extent than inquiry on steam technology. This would only direct maintain waylaid the evolution of the far superior internal combustion engine. 

Source: Obtainium works
(Actually, the authorities did subsidize railroads a proficient deal, as well as peradventure yesteryear doing as well as thence did stall the evolution of the truck.)

More than Equus caballus manure, I dearest the picture of an alternate reality steampunk America...At left a cool  steampunk RV. (Image source)

Which brings us back, I'm afraid to the primary forcefulness behind runway subsidies, which Randall has pointed out before: Nostalgia. Nostalgia for what seems similar a simpler age. I sympathise that too. I dearest trains. But that doesn't brand them practical, particularly at billions of dollars per mile.

If we're doing nostalgia, how close doing it total fourth dimension -- high speed stagecoach lines? Bring dorsum the horse! It's all renewable!'

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