28 Aug '12, 2pm
A third runway at Heathrow would leave society £5bn worse off - read our 2010 report 'Grounded'
“This new report establishes robust, well-rounded evidence for what many in business and civil society have suspected all along – that the case for a third runway at Heathrow is at best incomplete and at worst completely flawed. By taking an approach based on Social Return on Investment analysis, nef has produced a more rounded and realistic analysis of the costs and benefits of Runway 3 .” - from the foreword by Ian Cheshire, Group CEO of Kingfisher plc nef (the new economics foundation) has conducted a detailed, independent re-evaluation of the case for a third runway at Heathrow airport. Our study finds that the costs of the Runway 3 proposal outweigh the benefits by at least £5 billion. In light of our analysis and in view of the formidable targets for reducing greenhouse gas emissions our conclusion is that expanding Heathrow cannot be justified. In January 2009 the S...