Promoting technological investment in rail freight rolling stock

Although regulation for emissions, pollution, etc., is becoming stricter, the Australian rail freight industry is still locked in to using large numbers of existing rolling stock, e.g., locomotives and wagons. Much of this rolling stock is no longer efficient. Largely as a result of infrastructure constraints, it is not feasible for operators to dispense with their old technology at regular intervals, even though they will need to pay more to use older technology if a carbon price eventuates. This report seeks to ascertain the viability of promoting investment incentives for newly acquired locomotives, wagons and other equipment. It analyses the impact of accelerated depreciation on the investment behaviour of above-rail operators and offers a comparison with alternative incentives or mechanisms. These schemes, if their efficacy is demonstrated, could emerge as powerful tools to encourage re-equipment of the aging rail fleet and facilitate the provision of sustainable rail freight growth in Australia.

• Record URL:
  http://p.sparkrail.org/record.asp?q=PB020565
• 
• Corporate Authors:

  CRC for Rail Innovation

  GPO Box 1422
  Brisbane, Queensland  Australia  4001
• Authors:
  • Koowattanatianchai, N
  • Wang, Jian
  • Charles, M B
  • Eddie, I
  • Brown, V
  • Johnson, R
• Publication Date: 2011-1

Language

• English

Media Info

• Pagination: 31p

Subject/Index Terms

• TRT Terms: Incentives; Infrastructure; Investments; Logistics; Railroad trains; Railroad transportation; Technology
• Geographic Terms: Australia
• ITRD Terms: 1112: Freight transport; 1173: Rail bound transport; 1055: Transport infrastructure
• Subject Areas: Railroads; Vehicles and Equipment; I10: Economics and Administration; I72: Traffic and Transport Planning;

Filing Info

• Accession Number: 01341850
• Record Type: Publication
• Source Agency: ARRB
• Report/Paper Numbers: R1.108
• Files: ITRD, ARRB, ATRI
• Created Date: Jun 7 2011 1:04PM