Measuring ‘transport benefit’ better

In transport planning there’s a lot of talk about ‘cost-benefit analyses’, leading to a “BCR” (benefit cost ratio) for a particular project. Projects with a BCR of greater than 1.0 deliver more benefits than the money expended upon them (and any disbenefits the project generates) and are therefore worth considering spending money upon.…
49 Comments

Rudman rightly slams the NLTP

Brian Rudman was in fine form in yesterday’s NZ Herald, highlighting that behind all the fancy words of the National Land Transport Programme, both Auckland and public transport get a pretty raw deal: In Auckland’s case, of the $3.37 billion Mr Brownlee plans to invest, $816 million comes from Auckland Council.…
41 Comments

Vancouver facing some tough decisions

The excellent “Price Tags” blognotes something that came through pretty loud and clear when I was in Vancouver over the last couple of weeks and researching a bit into their transport situation (although I was mostly focusing on land-use initiatives, you can never quite separate the two) – there’s no money left in traditional funding sources to keep improving the system, should they hold back for a while (especially as a few roading projects seem to have snuck in recently) or does Vancouver need to find different ways of sourcing funds for important further improvements to its transport network?…
7 Comments