Think Hinkley is an expensive white elephant? Not compared with HS2 | Nils Pratley
The Treasury select committee’s chair is right to say HS2 has the weakest economic case of all the major infrastructure projects
It was a good day to query the government’s use of flimsy statistics to justify massive infrastructure projects. After Hinkley, we’re on to Heathrow’s third runway and HS2 – and Andrew Tyrie, chairman of the Treasury select committee, is unhappy on both fronts.
On airports, he still hasn’t had a reply to five requests for more detailed disclosures of the assumptions used in the Airports Commission’s final report. But his bigger beef is with the high-speed railway. “HS2 has the weakest economic case of all the projects within the infrastructure programme, yet it is being pushed through with the most enthusiasm,” he says. He’s right.
Source: Guardian Transport