(12 years, 3 months ago)
Lords Chamber
To ask Her Majesty’s Government what will be the economic and environmental benefits of the electrification of English and Welsh railways.
My Lords, electrification is expected to lead to a number of benefits, including higher acceleration and higher top speeds than diesel stock, greater capacity, and lower costs of leasing, maintenance and operation. These savings can lead to reductions in the long-term cost of the rail industry. Electric trains are more environmentally friendly than diesel trains and electrification should make rail freight more competitive with road, reducing environmental damage and congestion.
My Lords, I thank my noble friend for that Answer. I welcome the Statement on the electrification of the east Midlands and other lines most enthusiastically along with the upgrades to mainline stations and extensions to platforms. As the Prime Minister said,
“this investment will mean faster journeys, more seats … greater … links and a truly world class rail network”.
Does my noble friend agree with me that the specification for any future project should ensure that it is for the benefit of the many and not the few?
My Lords, my noble friend is quite ingenious. I have a feeling that she really wants to talk about HS2. I absolutely agree with her that future projects should be for the benefit of the many and not the few. However, HS2 is not predicated on a very high-cost service for senior businessmen paid for by everyone—a sort of Concorde on tracks. HS2 passenger demand forecasting is based on the current fare structure. It is also essential to understand that the west coast main line will run out of capacity if we do nothing. It is only a matter of time.