ICF International Analysis Shows Public Transportation Can Save U.S. 1.4 Billion Gallons of Gasoline and Thousands of Dollars Per Household
Posted on: Tuesday, 30 January 2007, 12:00 CST
ICF International (Nasdaq:ICFI) released an innovative study on the link between public transportation and petroleum consumption in the United States. The study estimated that public transportation currently conserves 1.4 billion gallons of gasoline every year. At the household level, the study found that two-worker households using public transportation save $6,200 on average annually. The study was compiled by ICF for the American Public Transportation Association (APTA).
Public transportation creates energy efficiencies by carrying multiple passengers in each vehicle, reducing traffic congestion, and using non-petroleum energy sources. "Our independent analysis shows that public transportation is reducing national petroleum consumption significantly," said Linda Bailey, author of the study and an expert in transportation policy at ICF. "The study also found actual savings at the household level, where public transportation provides a cushion against the ups and downs of fuel prices."
The study found that U.S. households that use public transportation drive 16 fewer miles per day on average, a $1,400 savings in annual fuel costs. Two-worker households where one worker uses public transportation have the opportunity to save substantially more if they have only one car. These families can save an estimated $6,200 per year. Households across the country have already discovered the cost savings -- ridership on public transportation is up 25.1 percent since 1995, with double-digit increases on some systems in the last year.
"ICF is at the forefront of developing new approaches to transportation with studies such as this, working to more effectively integrate community and environmental goals into end-to-end transportation solutions," said Janet D'Ignazio, head of transportation at ICF.
Download ICF's report at www.icfi.com/conservegas
ICF International (Nasdaq:ICFI) partners with government and commercial clients to deliver consulting services and technology solutions in the energy, environment, transportation, social programs, defense, and homeland security markets. The firm combines passion for its work with industry expertise and innovative analytics to produce compelling results throughout the entire program life cycle, from analysis and design through implementation and improvement. Since 1969, ICF has been serving government at all levels, major corporations, and multilateral institutions. More than 2,000 employees serve these clients worldwide. ICF's Web site is http://www.icfi.com.
Source: Business Wire
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