5 ms·
There are negative externalities beyond the cost of electricity. Installing and maintaining rail, land disruption, wasted human life-hours, etc. all impose inte
by wyager 3y ago
There are negative externalities beyond the cost of electricity. Installing and maintaining rail, land disruption, wasted human life-hours, etc. all impose internalized and externalized costs.
- ravi-delia 3y agoInstalling and maintaining rail is already priced in, just like the actual market cost of the fuel is for planes. Once all costs are internalized (including land disruption, though the tracks are less negotiable for freight shipping so passenger trips get a free lunch there) wasted life-hours are presumably how people would make the call. But its pretty clear that the marginal, per-person external cost of flying is higher than the marginal per-person external cost of trains.