A famous report "The Most Expensive Mile of Subway Track on Earth" was written in December 2017 that revealed building subways in NY was comparably much more expensive due to the industry
This phenomenon is not restricted only New York
Focuses on transit projects where the tunnels are twin bore with inside diameters between 20ft (6m) to 22ft (6.7m)
New York: 1.5B−2.5B per mile
Other parts of US and Australia: 600M−900M per mile
Europe and Middle East: 250M−500M per mile
Asia: 100M−200M per mile
Compared to other countries, the cost per mile in US sometimes can be over 20 times more (India, China, South Korea)
Australian projects have the same magnitude
Can be attributed to the extra environmental requirements in Australia
Cost Drivers
Labour cost difference can't explain the difference alone
In US: 35% is soft cost, 10% third party costs, 55% construction cost
European tunnels are cheaper because
Cheaper labour rates, labour sharing
Environmental review process is faster
Cultural differences with preference for mass transit and underground transit
Even with these changes, they can only control the soft costs. The extreme tunneling cost in New York is an enigma that is difficult to comprehend and can't be controlled without major industry and government practical changes.
Is it better to plant trees or let forests grow reularly?
Susan Cook-Patton, postdoc at the Smithsonian Environmental Research Center in Maryland noted that the ones that grey best were mostly ones they didn't plant
Tree planting is very popular right now
The World Economic Forum called for planting a trillion trees
US is promised to plant 855 million trees
EU is promising 3 billion trees as aprt of a Green Deal
Viewed as a vital "nature-based solution" to climate change
Retrospective::
One week ago: [[October 26th, 2020]]
One month ago: [[October 2nd, 2020]]
One quarter ago: [[August 2nd, 2020]]
One year ago: [[November 2nd, 2019]]
Daily Stoic::
The ultimate outcome is in the lap of god. Prepare as much as possible but have the humility to know that may not be enough.