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Gov. Brown: Cap-and-trade could pay for high-speed rail
Orange County Register (CA) ^ | January 30, 2012 | by Ronald Campbell

Posted on 01/30/2012 1:38:27 PM PST by Oldeconomybuyer

Gov. Jerry Brown said Sunday that cap-and-trade fees could help pay for high-speed rail, and that the cost would be well under the $100 billion forecast by the California High-Speed Rail Authority just three months ago.

“It’s not going to be $100 billion,” Brown said. “That’s way off.”

The voter-approved project would create a 220-mph train from San Francisco to Anaheim with eventual connections to Sacramento and San Diego.

According to a transcript of the interview in the Sacramento Bee, Brown said, “Phase 1, I’m trying to redesign it in a way that in and of itself will be justified by the state investment,” Brown said. “We do have other sources of money: For example, cap-and-trade, which is this measure where you make people who produce greenhouse gases pay certain fees – that will be a source of funding going forward for the high speed rail.”

This is the so-called “train to nowhere,” a track that will have no train, no electrification, no controls. The only train that could actually use this track for the foreseeable future is Amtrak’s San Joaquin, which carried nearly 1.1 million passengers last year, a high number for Amtrak but far below the tens of millions of riders forecast for high-speed rail.

(Excerpt) Read more at taxdollars.ocregister.com ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections; US: California
KEYWORDS: ab32; cahighspeedrail; capandtrade; failure; globalwarming; green; highspeedrail; rail


1 posted on 01/30/2012 1:38:38 PM PST by Oldeconomybuyer
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To: Oldeconomybuyer

These libs just never give up. This is insanity.


2 posted on 01/30/2012 1:42:56 PM PST by Signalman
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To: Oldeconomybuyer

Glad I am out of Kalifornia. This is a warning to those who propose “alternative” taxes such as VAT that you need to destroy the old system or the politicians will just see the new taxes as new money to burn.


3 posted on 01/30/2012 1:44:37 PM PST by C19fan
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To: Oldeconomybuyer

lol!

cap n trade is going to bankrupt the state and they think its a windfall!


4 posted on 01/30/2012 1:46:55 PM PST by GeronL (The Right to Life came before the Right to Pursue Happiness)
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To: C19fan

I believe the states are self-selecting into liberal and conservative enclaves. Not necessarily a bad thing.

The problem is I expect when Calif, Ill, and NY (and a few others) are struggling in bankruptcy, the FedGov will allow them to issue bonds guaranteed by ALL the taxpayers.


5 posted on 01/30/2012 1:47:54 PM PST by nascarnation (DEFEAT BARAQ 2012 DEPORT BARAQ 2013)
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To: nascarnation

Although the problem is the liberals who flee states like CA seem to not get it that it was their own policies that drove them out.


6 posted on 01/30/2012 1:49:31 PM PST by C19fan
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To: Oldeconomybuyer
MOONBEAM is a scramble for DUMB@$$....

Well... almost... (close enough)

7 posted on 01/30/2012 1:52:33 PM PST by Wings-n-Wind (The main things are the plain things!)
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To: C19fan; GeronL

You don’t think it will stop at California, do you?

The libs around the world hold onto GW with a death grip because Cap and Trade means a fortune for them.

They will keep pushing that mess for years.


8 posted on 01/30/2012 1:54:32 PM PST by Scanian
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To: Oldeconomybuyer
What IS IT with these libs and high speed trains? No one (under democrats) has a job to "hurry" to, or even money to buy a ticket.

They're trying to ban cars, and suburbs...corral us all in cities and move us around like cattle...all in the name of the E N V I R O N M E N T.

OBAMALAND UBER ALLES....
9 posted on 01/30/2012 1:55:37 PM PST by FrankR (You are only enslaved to the extent of the entitlements you receive.)
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To: FrankR
They're trying to ban cars, and suburbs...corral us all in cities and move us around like cattle...all in the name of the E N V I R O N M E N T.

"My uncle has a country place
That no one knows about
They say it used to be a farm
Before the Motor Law"

10 posted on 01/30/2012 2:00:18 PM PST by bassmaner (Hey commies: I am a white male, and I am guilty of NOTHING! Sell your 'white guilt' elsewhere.)
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To: Oldeconomybuyer

Jerry Brown introduces the concept of the double whammy hyperspeed route to bankruptcy - a good dose of cap and trade laced with high speed rail Bottoms up to this bankruptcy cocktail.


11 posted on 01/30/2012 2:09:34 PM PST by chuckee
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To: Oldeconomybuyer

Jet airliners cause more harm to air quality than autos.

If Gov moonbeam agrees to shut down all the airports in CA and replace it with trains, he maybe he is on to something.

I am betting he wants it both ways.


12 posted on 01/30/2012 2:12:18 PM PST by hadaclueonce (scrap copper is more than $3.00 a pound. wind generators are full of copper)
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To: Oldeconomybuyer
"cap-and-trade, which is this measure where you make people who produce greenhouse gases pay certain fees"

Okay fellow Eldoradans, get ready to pay a "fee" every time you exhale.

13 posted on 01/30/2012 2:13:54 PM PST by Argus
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To: Oldeconomybuyer; steelyourfaith
According to a transcript of the interview in the Sacramento Bee, Brown said, “Phase 1, I’m trying to redesign it in a way that in and of itself will be justified by the state investment,” Brown said. “We do have other sources of money: For example, cap-and-trade, which is this measure where you make people who produce greenhouse gases pay certain fees – that will be a source of funding going forward for the high speed rail.”


14 posted on 01/30/2012 2:17:14 PM PST by maggief
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To: Oldeconomybuyer
Of course no one will mention the loss of efficiency in time for high speed rail when balanced against the necessity for early arrivals, subsequent mandatory machine and physical screening of passengers and carry-on luggage by the TSA, at checkpoints that will necessarily installed, before travelling. Hundreds, if not thousands more public gropers will be needed to insure the safety of the travelling public providing much needed union jobs. Mahvelous dahling. Just mahvelous!
15 posted on 01/30/2012 2:20:09 PM PST by chulaivn66 ("Liberals. We gotta have them around to provide entertainment. It's that old yin yang thingy again.")
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To: Signalman
This is insanity.

No, it is not. It is well thought-out, well-promoted, well-executed, and fits into the notion that a mobile, informed population is detrimental to the agenda.

16 posted on 01/30/2012 2:25:07 PM PST by elkfersupper ( Member of the Original Defiant Class)
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To: maggief; TenthAmendmentChampion; SolitaryMan; Dr. Bogus Pachysandra; grey_whiskers; ...
Thanx for the ping maggief !

 


Beam me to Planet Gore !

17 posted on 01/30/2012 2:25:45 PM PST by steelyourfaith (If it's "green" ... it's crap !!!)
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To: steelyourfaith

so ,did Gov moonbeam just admit that cap and trade is just another tax grab and nothing to do with the fake global warming


18 posted on 01/30/2012 2:35:23 PM PST by molson209
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To: Oldeconomybuyer

“...this measure where you make people who produce greenhouse gases pay certain fees..”

Are the “people” who produce these gasses just doing it for fun? Of course they aren’t doing it to produce a product or service that most everyone will consume. Anyone in Cali who uses electricity, gas, gasoline, manufactured goods and whatnot is responsible for the production, as they are the consumers. They ought to ban the eating of beef to reduce the amount of Methane from cow farts and cow pies.

Politicians love to find those with the deep pockets and single them out, whereas it’s really all us dumb schmucks that end up paying for it.


19 posted on 01/30/2012 2:39:52 PM PST by USMCPOP (Father of LCpl. Karl Linn, KIA 1/26/2005 Al Haqlaniyah, Iraq)
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To: Oldeconomybuyer

Of course. 38 million Californians get to pay even higher energy rates, so that a few million slackers can get from one liberal bastion to another. We inland dwellers understand the sacrifice we must make for our dear mother earth, who more and more is starting to seem like a kidnap victim held for ransom by criminals.


20 posted on 01/30/2012 2:40:11 PM PST by giotto
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To: Oldeconomybuyer

To fund an incredibly bad idea with another Incredibly bad idea boggles the mind.


21 posted on 01/30/2012 2:47:23 PM PST by depressed in 06 (6 November, 2012, the day our embarrassment is sent back to Kenya.)
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To: Oldeconomybuyer

Why on earth do we need high speed rail from SF to Disneyland?


22 posted on 01/30/2012 2:52:46 PM PST by Califreak ("Burnt By The Sun")
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To: Oldeconomybuyer
What a hoot. Cap-and-trade will never generate any significant revenue. It's free for the first couple years and by the time the costs kick in, much of the "offending" industry will be gone.

It's like the situation in New York State where Cuomo had to drop his cigarette-tax revenue projection to $27 million. Next year, though, by God, we're going to collect $100 million. And so it goes.

23 posted on 01/30/2012 2:53:19 PM PST by BfloGuy (The final outcome of the credit expansion is general impoverishment.)
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To: Signalman

When they open thier mouths and shi# comes out we lock them up. A bogus ponzi scheme to fund a bridge to nowhere.


24 posted on 01/30/2012 4:09:24 PM PST by ronnie raygun (V)
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To: Signalman

When they open thier mouths and shi# comes out we lock them up. A bogus ponzi scheme to fund a bridge to nowhere.


25 posted on 01/30/2012 4:09:56 PM PST by ronnie raygun (V)
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To: Signalman

Good for Brown! He’s a true visionary.

Just give all those people Cap and Trade puts out of work a pick and shovel and reduce the cost of high speed rail dramatically...


26 posted on 01/30/2012 4:16:09 PM PST by mrsmith (What Tea Party nominee have you found for your House seat?)
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To: Signalman
“It’s not going to be $100 billion,” Brown said. “That’s way off.”

Oh, he is right, you know!

It'll run $250-350 billion, if BART, the Bay Bridge project; the Richmond-San Rafael Bridge, and every other public project are any indication.

Let the politicians get their hands in it, and even a 10 cent pay toilet ends up costing a quarter.

27 posted on 01/30/2012 5:32:33 PM PST by ApplegateRanch ("Public service" does NOT mean servicing the people, like a bull among heifers.)
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To: Signalman
They're like a pack of zombies. They just keep shuffling closer. The only answer is to blow their brains out. But I guess the sound just attracts more of them, if the movie is right...california is doomed.
28 posted on 01/30/2012 9:34:30 PM PST by hinckley buzzard
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To: molson209

Yep, he sure did.


29 posted on 01/31/2012 4:50:50 AM PST by steelyourfaith (If it's "green" ... it's crap !!!)
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