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Fast Track To Public Rail Electrification

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Article about BNSF electrification in Railway Age: <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o:p></o:p> <A href="http://www.railwayage.com//content/view/931/121/">http://www.railwayage.com//content/view/931/121/</A> <o:p></o:p> Quote from the article: <o:p></o:p> “The economics of cap and trade could tilt in the railroads’ favor.  As well, future carbon restrictions affecting railroads could justify the high cost of electrification and locomotive acquisitions.”   <o:p></o:p> <o:p></o:p>   The author seems to be finding benefit for the railroads in the upcoming carbon caps by this tortured logic:  <o:p></o:p> Right now, the cost of electrification is too high for the railroads.  So if the government makes a carbon cap law that forces the railroads to electrify, despite that fact that they cannot afford it, that is a good thing because it allows them to have something that they cannot afford.   Perhaps the author believes that the higher cost is not a burden on the railroads because they can simply pass it on to the customers.  However, if this were true, the railroads would have no reason to not electrify right now.  They could simply raise their rates to pay for electrification.
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