Sunday, July 19, 2015

California environmentalists are busy warming the globe

Peter Gordon: But MTA data show that estimated daily (weekday; system wide, all bus all rail) in FY 2015 was 1,423,458. In FY 2010 it was a little higher, 1,445,109. In other words, slightly worse than flat. Using  the same parameters as above, MTA serves 3.25% of all daily trips.

But look closer. The National Transit Data Base includes the agency's 2013 data. Rail (light + heavy) accounted for just over 24% of the boardings (24% of 3.25%, actually less than 1%!) -- and just over 27% of operating costs but almost 74% of capital costs. This is all too much to shoe horn into a boast to plaster onto the sides of buses. And it's not pretty.
Peter is telling us that the light rail systems in California are huge global warmers, the most energy inefficient  transportation systems in the world, end to end; or even on a per ride basis. So, Jerry is perfectly happy, calol it a global warming permit, but he means a permit for government to add global warming to the atmosphere. Aside from causing pollution, what else are the environmentalists up to? Here is a graph of gas prices from McBride of calculated risk:
 Notice the leap in gas prices in California? Half of this is taxes, and half is regulation. We do not have the refinery capacity, because of legal restrictions. Besides warming the globe, where do gas taxes go? They fund Musk and the electric car. And they also go into unfunded retirement plans so that retirees can drive around on vacation. 

But the California private sector is cutting back on activities, they cannot afford to warm the globe. So we are going to get a bit of a slow down this summer, already we see this in the unemployment rate which has jumped. So new and old businesses are moving to Texas.

Who is in charge of the whole stupid thing? California's Floundering legislature. California is going to go spiralling down hill soon, the legislature out here always drives the world economy into the ditch.

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