Is energy technology being supressed?

smoothmoniker · 04-05-2008, 01:11 PM

The auto industry didn't kill the Los Angeles Red Car, economics did. The only years they ran a profit were during WWII, when gas was rationed and the ridership was near capacity all the time. The rest of the time, Pacific Electric ran them at a loss basically as promotion for their real estate developments in outlying areas.

But, of course, it's much sexier to misremember it as part of a great corporate conspiracy.

04-05-2008, 01:11 PM	#6
smoothmoniker to live and die in LA Join Date: Feb 2003 Location: Los Angeles Posts: 2,090	The auto industry didn't kill the Los Angeles Red Car, economics did. The only years they ran a profit were during WWII, when gas was rationed and the ridership was near capacity all the time. The rest of the time, Pacific Electric ran them at a loss basically as promotion for their real estate developments in outlying areas. But, of course, it's much sexier to misremember it as part of a great corporate conspiracy. __________________ to live and die in LA

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