Rail tracks are connected, so patchwork electrification doesn’t make sense. If everybody electrifies and gets a good ROI on operational costs, if there’s good competition between carriers, what happens is lower prices, not increased profits.
This still doesn’t explain why companies would spend effort lobbying against electrification, which is why I had to get into other explanations.
BNSF is owned by Berkshire Hathaway. Very unlikely that Buffet leaves huge ROI on the table because his execs hoodwink him.
Rail tracks are connected, so patchwork electrification doesn’t make sense. If everybody electrifies and gets a good ROI on operational costs, if there’s good competition between carriers, what happens is lower prices, not increased profits.
This still doesn’t explain why companies would spend effort lobbying against electrification, which is why I had to get into other explanations.