No, the debilitating lawsuits haven't been resolved, so the HSR Authority still can't tap the $10 billion in voter-approved bonds, but the new state budget based on cap-and-trade revenue for HSR is sparking inquiries from private investors.
Jul 24, 2014 Inside Bay Area
Jerry Brown signed a $156.3-billion budget on June 20 that marks a new day for greenhouse gas-reducing transportation and sustainable communities projects due to new revenues from the state's cap and trade market now and, particularly, in the future.
Jun 21, 2014 TransForm
One positive thing to be said about a project that's been declared on life support by even many of its supporters since a court ruling denied its chief funding source: the Calif. HSR Authority sure is resilient. New funding sources may keep it alive.
Apr 27, 2014 The Wall Street Journal - U.S. News
Seems like it's nothing but bad news for the rail authority since a judge ruled in November that the project was not in compliance with the proposition that the voters approved in 2008. This appeals court ruling means that a trial will move forward.
Apr 21, 2014 The Fresno Bee
It is only fitting that Salesforce, whose logo is a cloud, won the naming rights to what will be the West Coast's tallest building when completed in 2017 where they will lease half the space. When the fog rolls in, that's all the workers will see!
Apr 14, 2014 San Francisco Chronicle
In 2008, California voters approved the country's only true HSR project with a travel time of 2 hours, 40 minutes from L.A. to San Francisco. Anything more than that might cause legislators to balk at proposed cap-and-trade funding for the train.
Mar 31, 2014 Los Angeles Times
The break really isn't that large—only an extra three month before the state must start paying for costs on July 1 (as opposed to April 1) to match federal funding, according to a new state funding contribution plan.
Feb 25, 2014 Los Angeles Times
Despite numerous legal and legislative setbacks in the last few months, the California High Speed Rail Authority has released a new business plan—the first update of the controversial plan since 2012.
Feb 15, 2014 The Fresno Bee
Hoping to bypass the Sacramento Superior Court's twin rulings in November that crippled the Calif. High Speed Rail Authority's ability to tap $10 billion in state bond funds, Gov. Brown has petitioned the state Supreme Court to overturn the rulings.
Jan 29, 2014 The Sacramento Bee
California's embattled high speed rail, which appears to be on life support following a Nov. court ruling, will receive funds from the state's carbon cap & trade program in Gov. Brown's budget to be released Friday. But will it make a difference?
Jan 7, 2014 The Sacramento Bee - Capitol Alert