Tuesday, June 25, 2013

Jakarta public transportation fares up by 15 percent

This logic is backwards. If fuel prices are up, you should lower the price of public transport, not raise it. Public transport saves fuel, reducing demand. If one lowers fares, more people will ride, and more fuel will be saved. That is the way to deal with high prices.
Public transportation fares up by 15 percent: Minister | The Jakarta Post: "Transportation Minister EE Mangindaan said public transportation fares would increase by 15 percent due to the recent fuel price hikes."

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