Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

Due diligence, traffic forecasts and pensions

Will pension funds really be tempted to invest our money in new road infrastructure?

Phil Goodwin
13 April 2012
Click to View: DfT Forecasts and actual Car growth. (Source: calculated by Mitchell, Stokes, Goodwin, IAM Motoring Facts, from DfT original sources)
Click to View: DfT Forecasts and actual Car growth. (Source: calculated by Mitchell, Stokes, Goodwin, IAM Motoring Facts, from DfT original sources)

 

Keith Buchan, chair of the Transport Planning Society, last month wrote that the Department for Transport’s traffic forecasts were “now so far from reality that there must be an urgent review” of the National Transport Model (Letters LTT 30 Mar). As with all such reviews, the outcome depends on the thoroughness, independence, excellence and credibility of the technical work.

The suggestion is given added salience by David Cameron’s speech at the Institution of Civil...

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Phil Goodwin

Phil Goodwin

Phil Goodwin

Phil Goodwin is professor of transport policy at the Centre for Transport and Society, University of West of England, Bristol, and emeritus professor at University College London. Email: philinelh@yahoo.com

 



 

 
 
 
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