Wednesday, November 17, 2021

High-speed rail: A trail of grief in California and massive debt in China


....and in China high-speed rail leaves a trail of massive debt:


Potentially bad news for California in the SF Examiner:
California High Speed Rail, which is currently under construction in the Central Valley, has identified over $50 billion in grants that it is competitive for, not including an additional $10 billion earmarked specifically for high-speed rail in the reconciliation bill currently being debated in Washington. 

It’s too early to tell which projects the rail line will seek funding for, spokesperson Michele Boudreau wrote in an email, with grant programs still being structured and continued uncertainty about state funding. 

The agency needs new funding sources to link its under-construction tracks in the Central Valley to the Bay Area and Southern California.

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