The NZIER has put out a report that slams public transport.
The report is gold! It is an absolute slating of PT stating that motorcar technology will ensure such high efficiencies that it is a sure bet that cars will dominate.
Once again some sensible people can see that Len Brown’s fascination with rail would probably best be met by buying him a Thomas the Tank engine set.
New transport technologies are transforming how we commute; creating major opportunities and risks to New Zealandâ€™s infrastructure investment says a report just released by NZIER.
New technologies include crash avoidance systems that make travel safer, car sensors that in the future will smooth traffic flows to ease congestion, and apps that help people share car commuting costs instead of taking public transport. Hybrid plug-in vehicles that cost as little as a $1 a day to run and falling oil prices are also dramatically reducing the cost of car travel.
â€śThese new technologies are already here in new car markets and on our smart phones making car commutes safer, cheaper and more comfortableâ€ť said Nick Allison, Principal Economist at NZIER.
â€śConsumers win from these disruptive technologies but the pace of change presents major headaches for government. As electric and hybrid vehicles become more common, less petrol will be used. Therefore, government challenges include safeguarding fuel excise revenue that funds transport infrastructure and charging road users fairly and efficiently.â€ť Â Â Read more »