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Great issue...very informative on electrification...
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<P mce_keep="true">[quote user="htgguy"] <P>Electrifcation has not happened because it does not provide an acceptable return on invested capital. Period. <FONT color=#0066ff>End of discussion.</FONT> When it does provide an acceptable return on capital, it will happen. </P> <P>[/quote]</P> <P><FONT face=georgia,palatino><FONT size=3>I agree,</FONT> <FONT size=3>but that is a different discussion than this one.</FONT></FONT></P> <P><FONT face=georgia,palatino size=3>I agree that electrification has not happened yet because it does not provide an acceptable return on invested capital.<SPAN style="mso-spacerun: yes"> </SPAN>However, this thread is based on the <I>Trains</I> article on electrification called <I>WIRED UP</I> by Scott Lothes, and in that article, author Lothes is advocating something entirely different than waiting for an acceptable return of capital. </FONT></P> <P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT size=3><FONT face=georgia,palatino>He champions immediate electrification as a <U>nationalized</U> or publicly funded transportation improvement for the greater social benefit of reducing greenhouse gases and improving other measures of “<I>Sustainability</I>.”<SPAN style="mso-spacerun: yes"> </SPAN></FONT></FONT></P> <P class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA"><FONT face=georgia,palatino></FONT></SPAN> </P> <P class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA"><FONT face=georgia,palatino>Advocate Lothes attempts to bolster his case by throwing in claims of substantial GDP increase and massive job creation as a result of such a socialized project, but offers no compelling evidence that these claims are anything more than attempts to sell his political agenda. </FONT></SPAN></P>
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