Transport Tragedies drive Climate Tragedy

This is why we need franchising! All that money would just line shareholders pockets, whereas in Manchester they've announced they're doing exactly as you say and every penny goes to bus passengers - starting to see the importance of franchising yet?

You change the law to allow individual councillors to become shareholders in NX and Diamond, etc and, especially the transport authority itself to become a shareholder.  Over many years of shareholding in renewable energy schemes including my own (6.24 kWp roof solar array) I've made a mint that I've re-invested in Energy for All community co-operative society schemes.  Some of the profits/dividends go to the local community to further benefit deserving causes.  All this is a sensible way to fight Climate Catastrophe by getting out of burning finite fossil fuels as quickly as possible.

Mayors Andy and Andy were leading lights in keeping bus fares as low as possible before Street was defeated in May.

Local councils, like my own, are in such financial difficulties it seems unfair to place further financial risks and pressures upon them.  Plus, their track record of most abysmal incompetence in wiping off the face of the earth the first tram network in the 1950s and then doing the same with one-third of the railway network in the following decades - and not to speak of the inland waterways tragedy!  Even now, little freight goes by the remnant canal network.

IN ADDITION:

Incompetence in getting only 23 Kms of the tram network rebuilt in 43 years of hard and hardly competent endeavour - and 19 Kms of the 23 Kms were on the first mainline railway destroyed!  It would have been much cheaper and quicker to put the trains and stations back on a railway designed for trains and used for trains, successfully, for 100 years.  All this idiocy is driving human driven Climate Change to weaken life support systems.

However, it was tram work having to be redone after mistakes that was such a costly disaster that first Andy announced a non-appearing independent review into Metro and now Richard P has spoken of a review.  Andy seems to have been totally ignored by the Top Officers at TfWM/WMCA!  I've been unable to get to the bottom of it, Kez.

It all depends on the cost, I don't have the figures, but suspect it's a pretty big number. I guess you could just use the number of trips on the network as a proxy as it's basically £1 per trip plus whatever margin NX end up asking for.  The margin to benefit the local authority shareholders and others.

DfT Transport Grants - £1,787 million for 24/25 capital budget for Metro expansion - and what else?

 

Edit: a quick Google says 232 million per year. Where do you plan to find that budget from?  Scrap further expenditure on projects accelerating Climate Disaster, including military products and drones going to slaughter Palestinians and Lebanese.  Scrap Trident replacement.  Put the redundant workforce into Climate adaptation, mitigation and Global South reparation work (including for the disgusting, despicable crimes of slavery and empire).