Report: Worldwide Investment in Transit Could Produce Massive Reduction in Carbon Pollution, Huge Financial Savings

More than $100 trillion in public and private spending could be saved between now and 2050 if the world were to expand public transportation, walking and bicycling in cities, according to a new report released by the Institute for Transportation and Development Policy and the University of California, Davis.  Additionally, reductions in carbon dioxide emissions reaching 1,700 megatons per year in 2050 could be achieved. Read more.