Spain’s High-Speed White Elephants

How did I miss this story? A European publication describes Spain’s high-speed rail system as “a bona fide policy error typical of a nouveau riche nation.”

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Spain has spent or is spending 6 billion euros on a high-speed network that is only expected to carry about 1 percent as many passengers a year as the nation’s commuter trains. Moreover, the high cost of high-speed rail fares “forces young people onto the bus” (which, as the Antiplanner pointed out earlier this week, isn’t necessarily a bad thing since buses are far less expensive and can be far more energy-efficient than trains). The bad thing is that rail advocates in the U.S. use Spain’s example to argue that we should build similar white elephants.