excalibur
Diamond Member
- Mar 19, 2015
- 28,372
- 57,349
- 2,290
We could have told them that.
But the Democrat's massive slush fund at taxpayers expense was pushing this insanity out there.
blackmon.substack.com
But the Democrat's massive slush fund at taxpayers expense was pushing this insanity out there.
In a stark admission that the electric vehicle revolution is more mirage than reality, Coloradoās Regional Transportation District (RTD) is set to borrow a whopping $539 million to replenish its bus fleet, effectively shelving its longheld EV bus dreams.
This move, detailed in RTDās latest financial forecast, underscores the harsh lessons learned from pushing unripe green tech onto public transit systems: it doesnāt work, it costs a fortune, and taxpayers foot the bill for the fallout. For years, RTD has chased the holy grail of battery-electric buses under the banner of Coloradoās climate mandates, only to bail on contracts and pivot back to the reliable, efficient diesel engines that powered American mobility for decades.The plan targets replacing an aging fleet of 995 diesel buses, many nearing the end of their 12-year or 500,000-mile lifespan.
Over the next five years, RTD will tap sales taxes from metro Denverās eight countiesāfunding 70% of its $1.2 billion annual budgetāto finance these āclean dieselā purchases, adding to an already ballooning $2.7 billion debt load. Specifics include a $51 million chunk already approved for 47 diesel units to roll out on Denverās East Colfax Avenue rapid transit line by 2027, initially pitched as hybrids but downgraded to straight diesel when electric options proved elusive.
RTD's $539M Diesel Comeback: Because Electric Buses Were Just Too Shocking
In a stark admission that the electric vehicle revolution is more mirage than reality, Coloradoās Regional Transportation District (RTD) is set to borrow a whopping $539 million to replenish its bus fleet, effectively shelving its longheld EV bus dreams.