Executive SummaryFreedom Transit is a high speed
transportation system that can:
·
Create
demand for fleets of electric cars.
Produce
profits for investors in four areas
1.
Electric
car fleets for rent
2.
Automated
roadway tolls
3.
Solar
energy sales
4.
Station
retail stores and food services
Connect
with other mass transit systems
Eliminate
auto traffic congestion by offering a high speed, low cost alternative to
exiting roads and highways End
the need to continue to expand the federal interstate system with its expense,
commercial and environmental disruption Reduce
short haul air traffic with a high speed low cost alternative
Remove
heavy trucks (18 Wheelers) from interstate highway system with alternative
freight system Reduce
CO2 emissions by 492 million tons Save
3 Billion gallons of gas Require
an initial fleet of 2.5 million electric vehicles Build
29,000 miles of automated, electrically powered roadway Generate
63,000 Megawatts from solar power Generate
forth year annual revenues of :
o
$58
billion Roadway Tolls
o
$27
billion Solar Energy
o
$32
billion Electric car rentals
(based on 30% of current highway traffic)
Freedom
Transit could be built as stand-a-lone project connecting city pairs. The
Phoenix Tucson cities pare is an example discussed in detail within the
document. As this example shows individual projects can make financial
sense. The cost per mile for the system
is estimated at $37.6 million per mile. Revenue per mile is estimated at $2.8
million per mile annually by the fourth year of operation and usage by 30% of
the current highway traffic load. Freedom
Transit can provide a full return on investment from gross revenue in less than
15 years without government subsidies.