A Better Way To Go
Executive Summary
America’s automobile-centered
transportation system was a key component of the nation’s economic prosperity
during the 20th century. But our
transportation system is increasingly out of step with the challenges of the
21st century. Rising fuel
prices, growing traffic congestion, and the need to address critical challenges
such as global warming and America’s addiction to imported oil
all point toward the need for a new transportation
future.
This report shows why
rail, rapid buses and other forms of public transit must play a more prominent
role in America’s future transportation
system. America has grown more dependent on
car travel with each passing year. America has more cars per capita than
any other nation in the world. The number of miles driven on America’s highways has doubled in the last
quarter-century, and our reliance on cars for transportation is at the root of
many of America’s most intractable problems.
For example, with two out of every three barrels of oil the United States
consumes each year used to fuel our transportation system, our economy is
hindered by oil price spikes.
This report shows that
every American can benefit if we expand the reach and improve the quality of
transit in the United
States. By making a bold, national commitment
to expand and improve transit, the United States can address many of our
greatest challenges and create a transportation system built for the needs of
the 21st century. Existing public
transportation already plays a key role in addressing key problems faced by
America: -In 2006, transit saved an
estimated 3.4 billion gallons of gasoline in the United States—enough to
fuel 5.8 million cars for a year.
In monetary terms, transit saved more than $9 billion that would otherwise have
been spent on gasoline. -In 2005, transit
prevented 540.8 million hours of traffic delay,
according to the Texas
Transportation Institute, equivalent to more than
61,700 people sitting in traffic for an
entire year. The monetary value of those
savings was $10.2
billion. -Transit reduced global
warming emissions by nearly 26 million
metric tons in 2006. In New York state alone,
transit avoided 11.8 million
metric tons of carbon dioxide pollution—more than was produced by the
entire economies of Rhode Island, Vermont or the
District of Columbia.
For
every dollar invested in transit, America saves nearly two dollars in
avoided costs on top of the economic development
benefits. In 2005, federal, state
and local governments spent $30.9
billion to provide transit services
(not including fares). These investments
yielded at least $60 billion per
year in benefits from reduced vehicle
expenses, avoided congestion,
global warming emission reductions,
reduced road expenditures, reduced
spending on parking, and avoided
traffic accidents. In other words,
investment in transit more than pays for itself
even before accounting for its direct economic
stimulus.
Despite
transit’s many benefits, America has
historically underinvested in
transit. The paper lays out a plan for expanding America’s
transit network paid for
by
more efficiently
allocating costs among those who will
reap the benefits.
|
Download the full report.
|