Since primitive man first made a dugout canoe, the demand for transportation improvements has increased. Transportation expenditures are around 14% of the world economy. The rate of growth of transportation is double the rate of growth of the world economy. In developed countries it has grown to 20% or one trillion dollars per year in the USA. Experts have estimated that the costs of ETT transport will be much less than current systems. The right-of-way requirements are around 5% of an interstate freeway. The materials use for spans will less than one tenth. The parts will have a much greater life, further reducing costs. A detailed analysis prepared in 2003 calculated the cost of a 350mph system to be about $2 million / mile.
How much will it cost?
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