THE Greens have launched a $200 million policy to start work on a light rail system in the city within three years, should they retain balance-of-power status in October’s election.
Greens’ transport spokeswoman Amanda Bresnan says Canberra is “ready for a light rail”.
“It’s achievable, a sound investment, and the best available option for the long term livability and sustainability of Canberra,” she says.
“After more than a decade of Government talk, this ACT Greens initiative will ensure action, making the financial commitment to finally see a light rail system built.
“Light Rail may have higher upfront capital costs than bus options, but the higher investment will deliver greater returns for our city, as well as taking advantage of land development and value capture opportunities.”
Ms Bresnan says the ongoing advantages of building light rail – such as reduced congestion, improved connectivity and economic opportunities – are “literally worth billions of dollars”.
“Study after study shows light rail would bring enormous benefits to Canberra and set us up as a connected, sustainable and liveable city for the future. But ACT Governments have been too short sighted to act.
“For a long time we’ve heard from the other parties about processes, investigations and submissions. The Greens today are outlining a plan that will actually build light rail, with a fund that the ACT can afford, to get the project moving.”