Securing a safe, sustainable rail network Michael Roberts Chief Executive

We want to grow the role of rail in sustainable development Securing a safe, sustainable rail network Improving the environmentStrengthening our social fabricDriving a dynamic economy

We aim to achieve our goal by working with others over the next 25 years to: Continue improving passenger satisfaction - to at least 90% Carry twice as many passengers as today, more quickly and better integrated Put the railways on a more sustainable financial footing Deliver services that are among the most reliable and safe in Europe Help Britain tackle climate change by moving towards a 50% cut in CO 2 emissions in the longer term Securing a safe, sustainable rail network

Rail has a good green record but cannot be complacent Securing a safe, sustainable rail network Rail CO2 emissions < 1 % of UK total and rail's carbon footprint has fallen by around a third since Average rail CO2/pass kms = 50% of cars and 25% domestic air But forecast demand growth will put pressure on total rail emissions Car technology set to erode rail’s green advantage in future decades Room to improve rail local environmental impacts

Our aim for future rail CO2 emissions Securing a safe, sustainable rail network

Reducing rail’s own carbon footprint Rolling programme of electrification beyond recent announcements + decarbonisation of UK power More extensive energy efficiency eg reducing transmission losses Potentially second generation biofuels Tackling station and depot emissions (10% of total) Securing a safe, sustainable rail network Accrington station

Helping to cut transport’s carbon footprint Growing rail’s market share by playing to its market strengths Increasing rail’s attraction by improving its VfM Integration through – Ticketing initiatives – Better information – Improved physical links Securing a safe, sustainable rail network

High Speed Rail has a contribution to make HSR can be as energy-efficient as intercity trains (capacity + load + ops + design) Power de-carbonisation can improve HSR carbon performance further Scope for mode shift away from domestic air and cars Overall impact of HS2 broadly neutral (Govt estimated saving of 4.6m tonnes) Need to resolve HS2 issues of funding and local impact Securing a safe, sustainable rail network

Other environmental issues Noise - industry working with government on cost- effective and proportionate solutions Air quality - New/re-engineered stock has less polluting engines and the switch to low sulphur diesel in 2012 will reduce pollutant emissions Waste - Many TOCs recycle on train/station/depot waste as matter of course Securing a safe, sustainable rail network

Industry reform agenda also supports rail’s green agenda Securing a safe, sustainable rail network Franchise reform longer, smarter franchises, allowing the private sector to invest and innovate Aligning train and track stronger alignment between operators and Network Rail, focused on customers Targeted, sustained investment need to keep investing in network and train capacity as demand continues to grow Smarter fares policy more flexible approach to fund investment, reduce taxpayer support and make better use of capacity

Conclusion Rail is integral to a sustainable transport network and continues to have much to offer Welcome vote of confidence in rail by this Government (CSR) and all main parties (HSR) No cause for complacency: electrification, energy efficiency, modal shift Wider reform agenda can help support continued improvement in rail's green credentials Securing a safe, sustainable rail network

Michael Roberts Chief Executive