The UK Supreme Court has now ruled in favour of a third runway for Heathrow Airport. How many years has that taken? A ludicrous time-scale that ensures that what nobody really wanted is now out-of-date anyway.
It's the same with the railways as HS2 gets the go ahead, thirty or more years after the Japanese, for example, had the 'bullet' train.
Its all too late.
By the time HS2 and Heathrow's third runway are built they will be largely obsolete as the world's population adapts to the new challenges of coronavirus' and climate change. There is a clue in the new order of business. No steelmakers, no engineering giants and diminishing number of oil companies. The richest companies in the world are dominated by new, internet driven, businesses where the consumers don't need to travel. Everything is done online.
TOP 8 Most Valuable Companies in the world
#1. Saudi Aramco. $1,685 bln.
#2. Microsoft. $1,359 bln.
#3. Apple inc. $1,286 bln.
#4. Amazon Inc. $1,233 bln.
#5. Alphabet Inc. $919 bln.
#6. Facebook. $584 bln.
#7. Alibaba Group. $545 bln.
#8. Tencent. $510 bln.
The only industry that will require regular travel is the holiday business and this could be heavily affected by the two challenges listed above.
I suggest that the world is on the cusp of new technology that will introduce new flight, road and rail options that will hasten change and the demise of HS2. It will ultimately prove to be a waste of public money.
No comments:
Post a Comment