» California’s Senate takes a courageous step in supporting the first construction stage of the state’s high-speed rail project. There is much more work to be done. Last week, America’s future in high-speed rail took a modest step forward. On Thursday, California’s State Assembly approved by a 51 to 27 margin the release of $2.5 […]
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» A new route from London to Birmingham to be opened by 2026, with further extensions planned into 2030s. Project continues to face healthy skepticism. Whatever the recession’s effects on government budgets, infrastructure development in Europe continues to advance at a steady pace. The United Kingdom government affirmed last week that it would move forward […]
» Over the long run, California’s fast train project remains within an acceptable range of costs, despite recent increases. The release of the California High-Speed Rail Authority’s revised business plan on Tuesday underlined concerns about the future viability of the nation’s biggest proposed transportation project: Not only would its completion have to be delayed significantly […]
» Despite an excellent proposal and significant state support, the project cannot hope to attract private investors without a larger commitment of aid from Washington. Meanwhile, Europe continues to invest. The long hoped-for private financing necessary to construct the California High-Speed Rail project will not come as easily as originally planned. That, at least, is the […]
» As the retrenchment continues in the American public sector, private-sector investors are likely to play an important role in paying for fast train systems. California Governor Jerry Brown, a longtime supporter of the development of high-speed rail, has not given up on his state’s plans for an extensive network stretching initially from San Francisco […]