In the U.S., motorists do not pay their way. The US government spends more on highways and other auto-related expenses than it receives from auto-related taxes, unlike almost every country in Europe. In a recent
report [pdf], Mark Delucchi calculates automobile-related costs and revenues in three different ways and concludes the subsidy is around 20-70 cents per gallon or $24-105 billion in 2002. But what are automobile-related costs, you ask?
[more inside]
posted by salvia
on Oct 2, 2007 -
99 comments
Roads To Riches (or We've Got a Bridge in Brooklyn to Sell You--Seriously) -- Why investors are clamoring to take over America's highways, bridges, and airports—and why the public should be nervous.--
...a slew of Wall Street firms—Goldman, Morgan Stanley, the Carlyle Group, Citigroup, and many others—is piling into infrastructure ... Assets sold now could change hands many times over the next 50 years, with each new buyer feeling increasing pressure to make the deal work financially. It's hardly a stretch to imagine service suffering in such a scenario; already, the record in the U.S. has been spotty. ...
posted by amberglow
on Apr 29, 2007 -
107 comments
One of my joys of going on vacation is to get off the interstate and
collect a bit of an old historic road. In California over the weekend
we managed to grab a bit of Hwy. 1 aka the Pacific Coast Highway past
nature preserves, resorts and neighborhoods. Another goal is to do all of
U.S. 50, the initial stages of which were reportedly surveyed by George Washington during his tour in the British Army.
Wired has a
nice
article about how a journalist and a photographer ignored the advice
of a Federal Highway Administration spokesperson to take a trip down
Route 1 from Maine to Florida.
posted by KirkJobSluder
on Oct 27, 2003 -
9 comments
