While the revised business plan did shave off $30 billion, there remains a $55 billion funding shortfall. Dependent on federal and private funds that may never appear, could revenue from the sale of carbon credits bridge the funding gap?
Apr 7, 2012 San Jose Mercury News
The CA Air Resources Board unanimously approved new rules that require 15% of new vehicles sold in the state to emit zero emissions and require conventional vehicles to reduce smog and climate emissions by 75% and 50%, respectively, by 2025.
Jan 30, 2012 San Jose Mercury News
In addition to the resignation of Roelof van Ark, CEO of the High-Speed Rail Authority, Chairman Tom Umberg has stepped down, though he will remain on the board. Gov. Brown has indicated he will merge the Authority with Caltrans.
Jan 15, 2012 San Jose Mercury News
The non-partisan Legislative Analyst pulled no punches. To proceed with the project without more funding and environmental clearances would violate the authorizing ballot proposition and endanger funding for all other state needs, including education
Dec 1, 2011 San Jose Mercury News
One of the costliest transit projects in the Bay Area is a $772 million contract, closer to construction come Dec. 8. The long-awaited BART extension from Fremont to the region's largest city may be contingent on FTA funding expected in February.
Nov 28, 2011 San Jose Mercury News
On Tuesday, the California High-Speed Rail Authority announced that the cost of the project has tripled to nearly $99 billion, and federal funds for it don't exist yet--prompting some legislators' support to fizzle.
Nov 2, 2011 San Jose Mercury News
After 34 years on the California Coastal Commission, Peter Douglas is ceding his post due to poor health. The San Jose Mercury News looks back at his long career at the powerful public agency.
Nov 1, 2011 San Jose Mercury News
Cities have filed a lawsuit with the California State Supreme Court over recently passed laws that eliminate funding for the state's redevelopment agencies.
Jul 19, 2011 San Jose Mercury News
As Facebook prepares to relocate its corporate headquarters from Palo Alto to Menlo Park, the company organized a day-long charrette to get input from architects, planners, and community members about how to "turn this neighborhood inside out."
Mar 7, 2011 San Jose Mercury News
A successful, 1965 California farm and ranch land conservation tax mechanism is under threat by Gov. Brown of dissolution due to the $25 billion deficit. If dissolved, individual counties would have to determine to keep the tax program going.
Feb 16, 2011 San Jose Mercury News