Sunday, April 29, 2018

There's no such thing as a free ride, for cars, the cost is the biosphere.

Rail magazine propagates the fallacious accounting about the cost of fare-free public transit. We have shown with numbers that only a minor reduction in automobile externalities would more than pay for loss of fare revenue.
There's no such thing as a free ride - Future Rail | Issue 61 | May 2018: "But how did the city make the scheme work financially?
....estimated loss of around KRW3.6bn ($3.2m) a day,
....the scheme wouldn’t be feasible on a permanent basis, as it struggles with limited capacity and could not afford to cover the cost of increased service.."
The autosprawl system is heavily subsidized. This subsidy is not accounted in city budgets, or is listed as something else. Do a thought experiment. What costs would go down, or go away, if there were many fewer, or no cars in your city.

This blog shows some of the subsidy.

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