Thursday, July 12, 2012

Extreme weather conditions cost EU's transport system at least 15 billion euros annually

PhysOrg: A study carried out by VTT Technical Research Centre of Finland indicates that extreme weather conditions cost EU transport system at least €15 billion a year. Currently, the greatest costs incurred are from road accidents, with the associated material damage and psychological suffering.

However, costs arising from accidents are expected to decrease in volume, though time-related costs attributable to delays are projected to increase. In part, this is due to climate change, whose impact on

In the study conducted by VTT and EWENT project partners, researchers calculated the costs, caused by extreme weather phenomena for the transport system, its users and customers of freight carriers in the 27 EU member states. This marks the first time calculations have been completed on this scale and scope. The study shows that the mode of traffic most vulnerable to extreme weather is road traffic.

It continues to have a higher volume than the other modes, with the additional factor of not being centralised or professionally controlled, in contrast to rail or aviation. In particular, the consequences of extreme weather are visible in road traffic in the form of increased road accidents and the cost arising from them. In other traffic modes, far more likely than accidents will be time-related costs with a variety of causes, typically delays. Aviation in particular is prone to time-related costs in extreme weather. The annual net cost in European aviation is on the order of billions of euros, borne by travellers and airline operators. Surprisingly, infrastructure related costs did not have a lion's share of the total costs...

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