The Sydney Morning Herald has run this story:
CAR enthusiasts, motorway lobbyists and opponents of public transport have long argued that taxpayers are footing the bill for train travellers because the price of tickets does not reflect the full cost of the service.
But a report for the NSW Government’s price regulator shows that for every train journey the public subsidises, the community saves more than $6 in social costs.
The report into the “externalities” – or the benefits of public transport for those who do not use the system – finds that ticket subsidies are easily offset by savings from less road congestion and less air pollution.
Read the full story here.
