I suppose I can't resist saying something about HS2. At least it shows that, if the government wishes, it can find funds for infrastructure investment. A plan B is possible. The public consultation about the proposed route was a farce. No environmental impact assessment had been carried out. So answering the questions was a stab in the dark. HS2, we are told, will 'transform journeys'. HS2 is forecast to carry up to 5.4 million passengers every year who might otherwise have travelled by air, as well as potentially seeing up to 9.8 million passengers transfer from the national road network. Those are big numbers. It might help cut the carbon footprint. I am not at all sure where they get these estimates from. Well I do really. They use an econometric model to project the numbers of air passengers, The Unrestricted Error Correction Model is one of them. It has an equation that has a lot of Qs and Zs in it and a few bits of Greek alphabet. And it has been qui...
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