Browse by topic: Infrastructure, Investment


Care needed over rail claims

A new study has suggested that investing in high-speed rail can bring various benefits, but should not be marketed as a major part of efforts to combat climate change. The study, 'The Future of Interurban Passenger Transport' by the Swedish transport economist Per Kågeson, calculates the effect on emissions from building a new high speed line connecting two major cities 500 kilometres apart. It says there is no reason to prohibit investment in high-speed rail on environmental grounds as long as the carbon gains outweigh the emissions during construction, but the greenhouse gas savings are sufficiently small that it would be wrong to justify such investment as a solution to climate change.

Published on February 15, 2010 - 15:55

EIB suspends funding

The European Investment Bank has suspended loans for the building of a motorway in Slovakia because the government has broken EU and national environmental laws. The decision follows complaints from the Slovak Friends of the Earth NGO that the proposed D1 motorway will go through two national parks and protected areas of the Natura 2000 network, despite a less damaging route being available. The NGO is also lobbying the European Bank for Reconstruction and Development to reject making a €250 million loan until questions required under EU and Slovak laws have been answered.

Published on February 15, 2010 - 15:44