5X5 Standard with Franchise Agreement
5X5 Standard Agreement restore liberty to innovate transportation networks in free markets:
- Network construction must be privately funded.
- Networks operate without government subsidies.
- Networks must exceed 5 times the efficiency on existing roads (125 mpg or equivalent energy efficiency).
- Networks pay 5 percent of the gross transportation revenues to the aggregate rights-of-way holders.
- Networks exceed safety performance of transportation modes already approved for use in the Rights of Way.
- Networks (optional) gather more than 2 megawatt-hours of renewable energy per network mile per typical day.
- Governments will grant Rights of Way access using the existing Rights of Way policies for communications and energy networks.
- Governments will use existing state laws to regulate safety of grade-separated guideways. Networks must be designed, fabricated, installed, insured, and inspected in compliance with existing ___State regulations for grade-separated theme park rides____ (generally ASTM International F24). This provides a 3,000X better safety record than roads.
Having a known cost of regulation and regulatory delays restores liberty to innovate. Two aspects of Liberty intertwine in a Darwinian crucible of creative destruction to create the “general welfare”:
- Tolerance of Disruptive Minorities offering choices.
- There are few Disruptive Minorities as tiny and disruptive as inventors or those correcting long-standing injustices. Poking fun at himself for inventing a compound republic, Madison refers to these people as the “obnoxious individual” in Federalist #10.
- Tolerance of people sorting choices via free markets and free speech, the Wisdom of the Many.
- Adam Smith’s “invisible hand” is not invisible, just tiny. It is the vast accumulation of tiny acts of liberty by each of us as we choose between choices.
- The aggregated wisdom of all of us, with each of us acting in our own self-interest, is wiser than the wisest of us at choosing between choices.
Explanation of 5X5 Standard Agreement:
Funding in available if cities adopt the known cost of regulations above. Goldman has since published an intent to invest $750 billion in the sustainability by 2030.