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Tackling air pollution and congestion in London

In March 2018, the Mayor of London set out the transport challenges for London as including congestion and air pollution, alongside road safety and a lack of physical activity among Londoners. To support the objectives of reducing congestion and improving air quality, Transport for London is consulting on two changes to transport policy in London.

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New rail treaty will save ‘1520 states’ €14bn

Oxera today unveiled a study for the Rail Working Group that assesses the direct microeconomic benefits from the Luxembourg Rail Protocol, which will save €13.9bn for nine Commonwealth of Independent States using the 1520 gauge. The Protocol, which is expected to come into force in 2019, is a new global treaty that will make it much easier and cheaper to finance railway rolling stock.

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The cost of equity for RIIO-2

Oxera has published a report that provides initial estimates of the cost of equity for the RIIO-2 price controls. The report recommends a range of 5.51 – 6.34% for the real (RPI-deflated) cost of equity for energy networks in Great Britain from 2021 onwards.

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New rail treaty will save Europe over €19bn

Oxera today unveiled a study for the Rail Working Group that assesses the direct microeconomic benefits from the Luxembourg Rail Protocol, which will save €19.4bn for a group of 20 countries in Europe. The Luxembourg Rail Protocol is a new global treaty that will make it much easier and cheaper to finance railway rolling stock and is expected to enter into force in 2019.

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