by MrBill » Mon 28 Apr 2008, 04:36:52
TheDude wrote:
$this->bbcode_second_pass_quote('', 'W')iki says they're a public limited company; that page is actually for "Aktiengesellschaft."
DeutscheBahn AG is like a public crown corporation in that it is run as a business for profit, but at the moment its shareholder is the German government. Parts of DB AG will be privatized in the future like some of its real estate, but the government will keep control over the rails and some stations. So it will be split into an operating company and a holding company.
I am not convinced this is the best solution? It has not worked well in the UK so far. But like many privatizations they are half-hearted affairs, so the commercial logic usually gets buried under political interference. Then when it does not work optimally the privatization process is blamed. Of course, the reason governments privatize in the first place is usually that they do not have the ability to raise taxes to cover the necessary capital spending and upgrades and/or cannot afford to continue to subsidize ongoing operating losses.
cube wrote:
$this->bbcode_second_pass_quote('', 'T')here are several reasons why Japan deserves the title of the "best" railway system in the world.
1) Japan is a mountainous country so there are trains running through tunnels, bridges, elevated guide ways, underground, and not just at ground level. It's a civil engineering marvel.
2) ON TIME - nobody does it like the Japanese.
3) headway time - The French get credit for the fastest train in the world but can they run their trains at 300 km/hr with only 5 minutes of distance between each train? ha ha
4) capacity - highest-capacity high speed rail trainset in the world , E4 Series Shinkansen. imagine a double deck 16 car train, 1,634 passengers.
5) very extensive coverage
6) The Japanese do NOT go on strike every year unlike the French
There has to be a reason why Japan's public debt is 158% of GDP, right? ; - )) I cannot comment on the quality of Japan's rail system because I have never been there. Maybe this year? However, Germany's does connect seamlessly to its neighbors (CZ, FR, AU, CH, Benelux) and now there are high speed trains between Munich and Berlin to Paris as well. So technically you can take a high speed train right from Bavaria to downtown London.
Germany being a relatively small, densely populated country helps, but European wide the distances are quite a bit greater, and the economics still work quite well. Discount airlines give the illusion that they are cheaper and therefore more economical, but they barely cover their fuel costs and are often a sap to regional development, so their landing fees and fixed costs are subsidized by other full fare paying airlines.
There is a huge push to get trucks off the road and onto rail. Especially through the Alps. Even passenger cars onto rail for long-distances like between Germany and Spain (1500 kms).
That's good the environment now and good post peak oil decline later. There is no doubt that rail is the answer in my opinion. Its just too bad that so much public spending has been wasted on autobahns and hub and spoke airports already. Wasting assets going forward.