Following Dotards move to deregulate oil trains, Illinois bit hook ,line and sinker. Let me be clear, this deregulation will cause accidents and it will take lives. Let’s just hope a crash does not happen in Chicago or East St. Louis.
Putting On The Brakes: Transportation Department Rolls Back Oil Train Regulation
The U.S. Department of Transportation has removed a regulation meant to force trains carrying crude oil or other flammable liquids to adopt electronic braking technology by 2020. Electronically Controlled Pneumatic brakes — or ECP brakes — are meant to stop train cars and keep them from slamming into each other when a train derails.
Illinois is both a train hub and an oil train hub, and the regulatory change will have several effects in the state.
One is cost savings to the railroad industry. According to the U.S. Department of Transportation, “the expected costs of requiring ECP brakes would be significantly higher than the expected benefits of the requirement.”
It would cost the industry between $375 and $554 million to install the braking systems in the next four to five years, hundreds of millions more than it would save in damages, according to the department. That’s an update from when this was first calculated under the Obama administration, which found that the benefits may outweigh costs. The change can partially be explained by reduced oil train traffic in general due to pipelines and lower oil prices between 2015 and 2017. Fewer trains means fewer potential accidents and damages.
Go there and read so much more. More next week.