July 9, 2012
Extreme weather conditions cost the EU’s transport system at least €15 billion/year. This is the result of a study carried out by the Finnish VTT Technical Research Centre. The study reveals that the greatest costs incurred are from road accidents, with the associated material and psychological effects. Costs arising from accidents are expected to decrease in volume, although time-related costs attributable to delays are projected to increase. In part, this last effect is due to climate change, which has an