Freemark corrects Glaeser on HSR

I’ve posted a lot about transit lately, so I promise to post on something else soon.  However, this thread is worth following up on.

The New York Times has been running a four-part series, now concluded, considering the possible benefits and costs of a hypothetical high-speed rail line.  There has been much protesting about Glaeser’s analysis, in particular, about his failure to include population growth, and worse in my opinion, a failure to include any analysis of an alternative to rail and what those benefits and costs may be.  Yonah Freemark, writing at the Infrastructurist, comes up with his own set of numbers and sees a much brighter future for HSR (even in Texas).

This reevaluation of Glaeser’s argument seems to upend his primary conclusion that the construction costs of the high-speed line would vastly outweigh the corridor’s benefits. While he figures that a 240-mile train system would result in a net annual loss of around $500 million, this analysis – using his own economic benefits model – shows a net benefit of $30 million a year (see our PDF for the math). High-speed rail between Dallas and Houston, then, seems like an eminently sensible thing to do.

Economix blog: Is High-Speed Rail a good investment?

Vacation means scoping out a new city, beautiful mountains and extra time to read all the news I’ve missed. Because of this great free time, I caught a four-part series on the NYT Economix blog by Edward Glaeser about the economic calculus of a high-speed rail investment (thanks Transportationist). The second part, (the first is really an intro, but a good read) is an abbreviated cost-benefit analysis of a hypothetical 240-mile line between Dallas and Houston.

The bottom line? Bad news for HSR in his estimation. Costs are six times greater than benefits. Even with a ridership level equivalent to the Northeast corridor, costs are three times greater. Glaeser argues that this math is tough to beat, and I would agree given the limited number of benefits he is analyzing. What he labels “passenger benefits” only include monetary ones, not congestion and not environmental benefits, which he promises to tackle next time.

I took a stab at quantifying the greenhouse gas pollution savings.  Read on to find out if this benefit can make up the difference. Continue reading

Is a fast train to Chicago fast enough, or do we need real “high-speed”?

Flash

The Strib tackles the question of whether new rail service between Minneapolis and Chicago is really going to be fast enough.  As you may already know, the proposed line to Chicago will not travel at a European-style 200+ miles per hour, it will cruise along at 78, possibly reaching 110 in some stretches.  The current Amtrak line averages 54.  The Strib pegs the total trip at 5:21 hours for the “fast” train and 3:22 for a true “high-speed” system running the same route (not including boarding times).

Since spending $33 billion for a true high speed system seems somewhat out of the question in the current political and economic environment, the question becomes: can a 5 hour train ride (not including boarding and alighting times) compete with the car, the plane and the Megabus?  We’ll start with the two latter options: yes and yes.  The Strib’s graphic says a non-stop car trip takes 6.5 hours and the Megabus takes 8.  If you factor in the traffic jams, general unpleasantness of driving 6+ hours, Illinois drivers, and ever-present worry about who you may get stuck next to on a bus and I’d wager a “fast” train would compete well any day if fares were reasonable (sub $200 round trip).

The plane is the real competitor.  However, unlike the car, the train and the bus, which all have relatively short waiting times for boarding, plane travel can include an extra 1.5 hours on the front end minimum for ticketing, security, and other airport hassles.  So you can effectively double the Strib’s estimate of travel time by plane to 3 hours.  Oh wait, have you ever flown into O’Hare?  It’s an hour from anywhere!  4 hours it is.  Union Station is right downtown.  And while there is no garauntee that new rail service wouldn’t result in increased security at stations, it couldn’t possibly rival the silly and offensive security theater currently perpetrated by the TSA.  Last time I rode the Amtrak from Milwaukee to Chicago there was no metal detectors, no baggage screening and no one asking me to take my 8 month old’s shoes off.  If you assume 30 minutes for ticketing, etc. at the train station you are at 6 hours.  6 hours on a clickety-click, comfortable, pretty-scenery train or 4 hours in a cramped metal tube after being x-rayed and frisked and with only 3.4 ounces of liquid to comfort you?  If the price is right, I think the train wins every time.