Comments on: Don’t axe Crossrail – double it! http://www.johnband.org/blog/2008/05/20/dont-axe-crossrail-double-it/ The idle musings of John B Mon, 02 Jan 2012 17:27:31 +0000 http://wordpress.org/?v= hourly 1 By: Mark Wadsworth http://www.johnband.org/blog/2008/05/20/dont-axe-crossrail-double-it/comment-page-1/#comment-42425 Mark Wadsworth Wed, 04 Jun 2008 16:03:54 +0000 http://www.johnband.org/blog/2008/05/20/dont-axe-crossrail-double-it/#comment-42425 Good point on PFI. The relevant liability is the NPV of payments minus NPV of services to be provided. We all know that there is a net liability, i.e. the government has overpaid, because there are firms who specialise in buying up the contracts before a stone has been laid and flogging them on to actual developers (Secondary Market Investment Funds, they are called). As to Crossrail, this should be put to a popular vote in the areas that will benefit, and, if approved, funded out of Land Value Tax receipts from those areas. Ooops. We don't have Land Value Tax. Good point on PFI. The relevant liability is the NPV of payments minus NPV of services to be provided. We all know that there is a net liability, i.e. the government has overpaid, because there are firms who specialise in buying up the contracts before a stone has been laid and flogging them on to actual developers (Secondary Market Investment Funds, they are called).

As to Crossrail, this should be put to a popular vote in the areas that will benefit, and, if approved, funded out of Land Value Tax receipts from those areas. Ooops. We don’t have Land Value Tax.

]]> By: QuestionThat http://www.johnband.org/blog/2008/05/20/dont-axe-crossrail-double-it/comment-page-1/#comment-40280 QuestionThat Thu, 22 May 2008 11:05:09 +0000 http://www.johnband.org/blog/2008/05/20/dont-axe-crossrail-double-it/#comment-40280 Not sure if the above is a veiled advertisement for EarthLab.com or not, but assuming its not there's loads of Green blogs in the blogroll at my place. I suggest that this one is probably as good a place as any to start: http://jimjay.blogspot.com/ Not sure if the above is a veiled advertisement for EarthLab.com or not, but assuming its not there’s loads of Green blogs in the blogroll at my place.

I suggest that this one is probably as good a place as any to start: http://jimjay.blogspot.com/

]]> By: Adrian http://www.johnband.org/blog/2008/05/20/dont-axe-crossrail-double-it/comment-page-1/#comment-40201 Adrian Thu, 22 May 2008 00:10:48 +0000 http://www.johnband.org/blog/2008/05/20/dont-axe-crossrail-double-it/#comment-40201 Hey! I agree about not canceling the Crossrail. You make some great points to back up your arguement. I was browsing through a bunch of political websites and blogs (mostly liberal ones) and I came across your blog and find it to be very interesting. There are a bunch of others I like too, like huff post, and other news sites like politico. Do you know of any that cover politics and the environment? I saw earthlab.com which has mostly environmental info but some politics. I took EarthLab.com’s carbon calculator (http://www.earthlab.com/signupprofile/). It was pretty easy to use (and it doesn’t make me feel guilty after I take it). Are there any other blogs you would recommend? Can you drop me a link to your favorites or any ones with green info? Hey! I agree about not canceling the Crossrail. You make some great points to back up your arguement. I was browsing through a bunch of political websites and blogs (mostly liberal ones) and I came across your blog and find it to be very interesting. There are a bunch of others I like too, like huff post, and other news sites like politico. Do you know of any that cover politics and the environment? I saw earthlab.com which has mostly environmental info but some politics. I took EarthLab.com’s carbon calculator (http://www.earthlab.com/signupprofile/). It was pretty easy to use (and it doesn’t make me feel guilty after I take it). Are there any other blogs you would recommend? Can you drop me a link to your favorites or any ones with green info?

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