This piece, by @joncstone and via @JonnElledge, is great, and has finally explained to me the advantage of HS2https://www.independent.co.uk/news/uk/home-news/hs2-logistics-financial-benefit-controversy-a8937936.html …
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DfT now admits HS2 might cost £88bn.
@tonyberkeley1 got@mbpcworldwide to check HS2's sums. Byng reckons way over £100bn. Neither@joncstone nor@IanDunt has a fraction of Byng & Berkeley's rail expertise. HS2's BCR is negligible. It won't be CO2 neutral for decades.@stophs2! -
£88 bn omits 4 items, property acquisition & disturbance + £8 bn, contribution to costs of power generation & distribution + £3bn, traction maintenance depots + £2bn to strengthen fdns at Euston for over site development + £2 bn. HS2 cost is £103 bn. My estimate is £106.56 bn.
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