Asked by: Lord Storey (Liberal Democrat - Life peer)
Question to the Department for Transport:
To ask Her Majesty's Government whether they have made any cost-benefit analysis of the reduction of carbon monoxide emissions as a result of the planned HS2 high-speed rail link.
Answered by Baroness Kramer - Liberal Democrat Lords Spokesperson (Treasury and Economy)
The Government has not made any cost-benefit analysis of the impact of HS2 on carbon monoxide emissions.
The HS2 Economic Case quantifies the impact of HS2 on non-traded direct Greenhouse Gas emissions (which include carbon dioxide, methane and nitrous oxide) resulting from changes in petrol/diesel use from road and rail passenger transport as a result of HS2. This analysis estimates that the full HS2 Y-Network generates benefits of £101 million (2011 prices, NPV) from reduced non-traded Greenhouse Gas emissions.