All Aboard: Clean Energy Transportation Opportunities Favor Ohio Economy
July 12th, 2010
Expansion of investment in public transit could drive demand for heavy transportation equipment and component parts produced in Ohio, retaining jobs and growing new ones. Ohio would be in the top five states benefitting from investment in passenger rail, according to research commissioned by the Apollo Alliance and conducted at the Duke University Center on Globalization, Governance & Competitiveness. Such investment could be supported by a reprogramming of funds within the Surface Transportation Act, under consideration for reauthorization in September. The Economic Policy Institute finds that redirecting a greater share of highway funding to public transit could produce 250,000 more jobs than the status quo and help rebuild the supply base for rail component manufacture, a sector the United States once led and then lost.