High-speed rail is not an $11-billion failure, as a recent New York Times article asserts, writes Time's Michael Grunwald. A more appropriate name would be "higher speed" rail as outside of the California project, all are upgrades of Amtrak lines.
4 days ago Time
Recall that recent 'great news' for the embattled High Speed Rail Authority? The appeals court ruling breathed new life into the $68 billion project as it released the lower court's hold on $9.95 billion in bond funds. Opponents are not deterred.
Aug 13, 2014 The Fresno Bee
Both sides have been awaiting this ruling, which left Gov. Jerry Brown and the High Speed Rail Authority greatly pleased: the appeals court ruling releases $9.9 billion of 2008 voter-approved bond funding, though other court battles loom.
Aug 1, 2014 The Fresno Bee
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
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