The second report suggests the authority’s success over the last few years in addressing long-standing maintenance and modernization needs may come to a halt in four years. The report describes an “impending chasm” between the billions of dollars needed to bring the transit authority’s assets into a state of good repair and the money to fund that work. The report suggests the chasm may even be deeper than it appears because the T has failed to account for substantial costs to decarbonize its operations and to protect its network from the effects of climate change.
September 16, 2020
TRANSPORTATION
Poftak pushes feds for $32b for transit agencies
The second report suggests the authority’s success over the last few years in addressing long-standing maintenance and modernization needs may come to a halt in four years. The report describes an “impending chasm” between the billions of dollars needed to bring the transit authority’s assets into a state of good repair and the money to fund that work. The report suggests the chasm may even be deeper than it appears because the T has failed to account for substantial costs to decarbonize its operations and to protect its network from the effects of climate change.
