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Keyword: cahighspeedrail

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  • Lawmakers ready to green-light California high-speed rail

    03/23/2012 7:53:25 AM PDT · by SmithL · 20 replies
    Sacramento Bee ^ | 3/23/12 | Dan Walters
    Its popularity has declined sharply, many of its details have yet to emerge, and independent authorities have questioned its financial and operational viability, but California's bullet train project is very likely to get the green light from the Legislature soon. That's the consensus of those who have been counting votes among the Legislature's dominant Democrats, who can give the California High-Speed Rail Authority authorization to sell bonds and begin construction of an initial segment in the San Joaquin Valley. And that's true even though lawmakers still don't know, in any detail, what linking the northern and southern halves of the...
  • Solyndra Times Seven. Why CA’s high-speed rail project is an even greater waste of tax dollars.

    03/22/2012 6:16:43 AM PDT · by SeekAndFind · 8 replies · 1+ views
    City Journal ^ | 03/22/2012 | Chris Reed
    The national media have devoted plenty of skeptical attention to California’s bullet-train boondoggle—from the ballooning cost of the California High-Speed Rail Authority project to its shoddy management to the baffling decision to build the first segment in the lightly populated Central Valley. But the press has yet to focus on a crucial fact: the bullet train isn’t just some quirky Left Coast fiasco; it’s also a grotesque waste of federal money. The project serves as a powerful reminder of the Obama administration’s mishandling of the $787 billion stimulus that Congress passed in February 2009 with solemn assurances of prudence and...
  • Cost of Moonbeam Express soars ever higher

    03/08/2012 10:31:52 AM PST · by landsbaum · 5 replies
    http://www.ocregister.com/opinion/rail-343608-bonds-billion.html ^ | 3-8-2012 | Orange County Register editorial boarad
    California's high-speed rail project has been plagued with cost increases, delays and political shenanigans since 2008, when voters authorized $9.9 billion in bonds to help pay for it. Unsurprisingly, recent weeks have brought more of the same. The independent Legislative Analyst now says the state must repay more than $700 million annually if bonds are sold to build an initial 130-mile Central Valley route. Ultimately, the plan would link San Diego and San Francisco. But to get $3.3 billion in federal funds, train authorities agreed to put the first tracks where populations are sparse, rather than in densely populated areas...
  • Gov. Brown: Cap-and-trade could pay for high-speed rail

    01/30/2012 1:38:27 PM PST · by Oldeconomybuyer · 28 replies
    Orange County Register (CA) ^ | January 30, 2012 | by Ronald Campbell
    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...
  • Editorial: No special favors for California bullet train

    01/13/2012 10:35:28 AM PST · by landsbaum · 6 replies
    The Orange County Register ^ | 1-13-2012 | Orange County Register editorial boarad
    Despite a huge state budget deficit, Gov. Jerry Brown said last week that he not only intends to increase spending, he also plans to move ahead with California's questionable high-speed rail project, even though multiple critiques conclude it is a waste of tax money. ... The governor's refusal to delay or kill the implausible train project should make taxpayers wary of a bill introduced last week by Assemblyman Mike Feuer, D-West Hollywood, to allow "public rail transit projects" to avoid rigorous environmental review.
  • California high-speed rail head Roelof van Ark resigns

    01/12/2012 6:54:45 PM PST · by SmithL · 10 replies
    SacBee: Capitol Alert ^ | 1/12/12 | David Siders
    Roelof van Ark, chief executive officer of the California High-Speed Rail Authority, announced this afternoon that he is quitting, the latest setback for the state's beleaguered campaign to build a nearly $100 billion rail network in California. His resignation, announced at a board meeting in Los Angeles and effective in two months, comes at a critical point for the project, with rail officials bidding for Legislative approval to start construction in the Central Valley this fall. Public opinion about the project has fallen sharply, according to a recent Field Poll, and the Legislature is highly skeptical. Minutes after van Ark's...