IHS Chemical Week

Regions :: North America

Chlorine Institute Questions New Railroad Rule

10:23 AM MDT | March 17, 2010 | Lindsey Bewley

The Chlorine Institute (Arlington, VA) asked the Federal Railroad Administration (FRA) to reconsider the Positive Train Control (PTC) rule, a new regulation that requires railroads to implement technology capable of making rail movements safer. The PTC rule drastically underestimates the rule’s benefits, according to a cost-benefit study commissioned by the Chlorine Institute. The study found that the final rule underestimated the net direct and indirect benefits of implementing PTC by about $12 billion. “This faulty analysis could foster a situation...

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