3 ms·
The major specific externality called out in the letter is engineer burnout. I would be surprised if other costs are not significantly externalized, but I don't
by shkkmo 5y ago
The major specific externality called out in the letter is engineer burnout. I would be surprised if other costs are not significantly externalized, but I don't have data to back this up.
Not all the externalities mentioned are specific to derailments, but also apply to the general difficulty of our infrastructure in supporting such long trains.
- refurb 5y agoYour reasons are unconvincing. A rail company that burns out its engineers now has to either deal with a low performing engineer or come up with the costs and delays of retraining another engineer. And a derailment sounds like a massive cost to a rail company. You need to clear the tracks (which can't be used until you do), probably pay higher insurance costs for the material you are transporting that is lost, etc, etc