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Great issue...very informative on electrification...
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<P mce_keep="true">[quote user="RudyRockvilleMD"]<FONT size=3><FONT face="Times New Roman"><SPAN style="mso-spacerun: yes"> </SPAN>The author correctly points out the initial infrastructure cost is the most limiting factor for electrifying line-haul railroads especially since it would be most economically beneficial to electrify long segments. But this raises the question, who will pay for it?</FONT></FONT>[/quote]</P> <P mce_keep="true"><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=verdana,geneva><FONT size=2>The private citizens of the U.S. will pay for it through their taxes.<SPAN style="mso-spacerun: yes"> </SPAN>The author Scott Lothes, and the references he cites are all in agreement when it comes to paying for it.<SPAN style="mso-spacerun: yes"> </SPAN>They are advocating a nationalized project that will electrify most of the U.S. rail system, and take the majority of trucking and private automobile traffic off of the roads, thus creating a publicly owned, non-oil transportation system.<SPAN style="mso-spacerun: yes"> </SPAN>They advocate rail as playing a large role in this new system. <SPAN style="mso-spacerun: yes"> </SPAN>The private railroads cannot possibly pay for what is being proposed.<SPAN style="mso-spacerun: yes"> </SPAN><SPAN style="mso-spacerun: yes"> </SPAN></FONT></FONT></SPAN></P>
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