“Planes, Trains and Automobiles” is not just the name of Steve Martin and John Candy’s 1987 everything-goes-wrong comedy film. It’s also the prospective casualty list of the foundation-led anti-fossil-fuel campaign called the Divest-Invest movement.
Efforts are underway by the Taiwan government for a government led restructuring to avoid bankruptcy (Plan to stop Taiwan’s high-speed rail going bust set for review). Since opening in 2007, this privately financed and operated system has been plagued with ridership well below projections. The Taiwan experience is consistent with the research showing that ridership on high-speed rail lines has been frequently over-projected.