| The US has spent billions of dollars each year repairing and expanding the highway network. A new study finds, however, that the costs of expanding roads in urban areas are three times greater than its potential benefits. The researchers considered direct government spending as well as external costs like traffic deaths and the opportunity cost of using urban land for roadways. The amount of land taken up by roads would fill the total area of West Virginia, and is worth about $5.4 trillion, according to the study. I break down the findings today on CityLab: The Outsized Cost of Expanding US Roads — Maria Clara Cobo Hong Kong's Arts Hub Turns to Selling Land to Stay Afloat
In a city where real estate has long ruled the economy and the cultural scene remains fledgling, the West Kowloon Cultural District is deepening its reliance on property in order to generate revenues. When Climate Funds Pay for Highway Expansion
Several US states are tapping a federal carbon reduction program to fund highway projects, arguing that adding vehicle lanes can bring emissions down. The Brutal Economics of Reaching Net Zero
Ramping down global emissions is achievable in terms of cost. But until the US and other rich countries assume a war footing, we don't stand a chance of meeting critical climate goals. | 
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