Quoted in Dr. Randy Roth's and Cliff Slater's opinion in Honolulu Civil Beat: Dumb and Dumber: Why Honolulu Should Abandon Rail.
The city tells us that rail can be taken all the way to Ala Moana Center for $10 billion. Panos Prevedouros, chairman of the University of Hawaii Department of Civil and Environmental Engineering, forecasts $13 billion.
If you believe the city, that additional cost of not stopping now would be $6 billion. If you believe Dr. Prevedouros, it would be $9 billion. All to get a 1 percent traffic reduction?
I like their conclusion:
It is dumb to be out of pocket $4 billion and have nothing worthwhile to show for it. It is even dumber to spend another $6 billion to $9 billion for a 1 percent improvement in traffic at an annual financial cost of $130 million and permanent harm to our environment. That’s really dumb.
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