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View Diary: Sunday Train: Four Transport Alternatives to Canadian Tar Sands (36 comments)

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  •  'In the long run' .. (4+ / 0-)

    ...big part of it. Its a massive capital outlay for the size of Class I railroads, and the best returns are on the transcontinental routes where no single Class I owns the entire right of way ~ and if there is an economic downturn and slowdown in demand for container freight, they still have to serve the debt. And plus pay property taxes on the infrastructure, which road freight companies do not have to do either.

    The proposal shifts the ownership and financing of the new infrastructure to public Line Development Banks, with substantially less subsidy than private road freight, but with the subsidy targeted at interest rate subsidies.

    Its a mix of private and public benefits and, relative to road freight, a much more balanced mix of private and public cost sharing, with the public subsidy up front and without a long term maintenance overhang like the Interstate Highways.

    Support Lesbian Creative Works with Yuri anime and manga from ALC Publishing

    by BruceMcF on Mon Aug 29, 2011 at 08:56:27 AM PDT

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