December 18, 2015

Japans Maglev built without government subsidies

Train station Japan copyright peter hanami 2015
Picture: Train station Japan 

“Japan’s most profitable high-speed rail operator, JR Tokai, is building a maglev system between Tokyo, Nagoya and Osaka without government subsidies. The system relies on superconducting magnets to lift, stabilise and propel trains at 500km/h within a guide-way”

Source: We will get better cities if we have more of them, by Brian Toohey, Australian Financial Review, Tuesday 20th October, 2015, page 55.

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