HSR

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.
6 days ago   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
According to a new EIA report, the cost advantages of liquefied natural gas make it an attractive alternative to diesel fuel for major U.S. freight railroad companies. Hybrid diesel-electric locomotives on order for 5 states will power HSR routes.
Apr 16, 2014   Progressive Railroading
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
A $226 million contract to build 32 higher speed diesel locomotives, capable of reaching 125 mph, was awarded to the team of the German conglomerate, Siemens AG and Indiana-based engine maker Cummins, Inc over Peoria, Ill. based Caterpillar, Inc.
Mar 4, 2014   The Wall Street Journal - Business
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
Unlike prior litigation based on environmental grounds, this suit, brought by a farmer, homeowner and the Kings County Board of Supervisors, is based on the rail project's business plan violating the bond measure the voters approved to fund it.
Aug 19, 2013   Sacramento Bee
Is California's High-Speed Rail (HSR) a "boondoggle" for the state, as its critics assert, or just a boondoggle for omitted cities? How should such cities deal with omission from HSR? San Diego is a case in point.
Apr 7, 2013   UrbDeZine.com
CA Gov. Jerry Brown stated he had big plans in his State of the State speech on Jan 24. Thanks to temporary tax increases under Prop 30 and spending cuts, the budget is finally balanced. Yet he also called for 'fiscal constraint' - contradictory?
Jan 29, 2013   Calbuzz