this post was submitted on 04 Apr 2024
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The problem with electrification however is that while it on average half’s an railroads operating costs, it takes significant upfront investment. Given most of Amtrak runs over fright railroads, and even if it didn’t fright is by far the larger source of carbon, you need to convince said fright railways to make the upfront investment.
Since they are currently in a state of self described ‘managed decline’ as Wall Street and private equity loot the old giants for everything they can, we probably arn’t going to see much progress on that front until Conrail 2, nationalization repairs the US rail system after private companies messed it up round four.
or you just nationalize the railways
Um yes, that’s what I said it would take?
Conrail was taken over by the US government to be privatized as quickly as possible. That is really not the kind of nationalization you want for a railway. It is basically just government support for the private sector.