"Regional governments and large customers have ambitious wish lists for a renaissance in rail if the Government buys back all the rail assets and ferries it sold in 1993," reports National Business Review. This despite there being at best only five existing lines that have even a hope of paying their way -- in other words, these are plans whose ambitions are political, for which you and I will be picking up the tab -- and these only with some very specific customers.
Liberty Scott puts the "ambitious wish lists" in perspective, points out which lines would be likely to remain economic if split off, and who the best buyers of these lines would be. And it's not you and me.
No comments:
Post a Comment