James Nash reports that Gov. Jerry Brown is turning to the $6 trillion market in sovereign wealth funds, pensions, and endowments to help fill the $55 billion gap between the project's total cost and what state bonds and federal grants will cover.
Dec 3, 2012 Bloomberg BusinessWeek
Stephen Smith sheds light on the problems of leadership holding back Obama's dream of high-speed rail.
Nov 21, 2012 Bloomberg
In a ceremony that featured local politicians and environmentalists, Caltrain accepts $39.8 million to install Positive Train Control, a funding milestone in the commuter rail's modernization.
Oct 6, 2012 The (San Mateo County) Daily Journal
The $4.7 billion high speed rail bond appropriation, signed by Gov. Brown on July 18 included $2 billion for transit upgrades in the Bay Area and Southern CA. Max Taves reports that litigation in the Central Valley could target that funding.
Jul 25, 2012 The Wall Street Journal - San Francisco Bay Area
In their rush to avoid working on a long-term transportation funding measure, a congressional committee has launched a wide-ranging examination of the California high-speed rail project, reports Dan Weikel.
Apr 10, 2012 Los Angeles Times
With less than two months under his belt as the new chairman of the High Speed Rail Authority, Dan Richard has made significant shifts in strategy for the project and is generating optimism for a fresh start, reports Ken Orski.
Mar 8, 2012 Infrastructure USA
Will the California high-speed rail project move forward, or will politicians pull the plug? The fate of the program weighs in the balance as construction is about to begin.
Jul 25, 2011 The San Francisco Chronicle
By refusing federal stimulus funds for high speed rail projects in their states, incoming Republican governors in Midwest gifted California over $600 million in new funding for the state's planned 800-mile network, says the Fresno Bee.
Dec 23, 2010 The Fresno Bee
The UC Berkeley Institute of Transportation Studies has issued a report questioning ridership projections on the $43+ billion, 800 mile, voter-approved California High Speed Rail project. Cambridge Systematics defends their numbers.
Jul 5, 2010 San Francisco Chronicle
A number of foreign countries and firms are jockeying to build high-speed rail in California, but the Chinese government is proposing that they cover some of the financing as well.
Apr 8, 2010 The New York Times