Skip to comments.Gov. Brown: Cap-and-trade could pay for high-speed rail
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.
Its not going to be $100 billion, Brown said. Thats 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, Im 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 Amtraks 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 ...
These libs just never give up. This is insanity.
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.
cap n trade is going to bankrupt the state and they think its a windfall!
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.
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.
Well... almost... (close enough)
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.
"My uncle has a country place
That no one knows about
They say it used to be a farm
Before the Motor Law"
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.
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.
Okay fellow Eldoradans, get ready to pay a "fee" every time you exhale.
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.
so ,did Gov moonbeam just admit that cap and trade is just another tax grab and nothing to do with the fake global warming
“...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.
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.
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