Ralph Vartabedian

High-Speed Rail

Costs Jump on Central Valley Section of California High-Speed Rail

Costs for the initial construction segment, 119 miles from Madera to just outside Bakersfield, jumped $2.8 billion in what the consultant called the "worst-case scenario," to $10.6 billion, or over $89 million per mile.

January 22, 2018 - Los Angeles Times

Caltrain

Funds Flow to Caltrain Electrification Project

Nothing comes easy for high-speed rail, or anything connected to it, as the agency that runs Caltrain learned in February. But now that a $647 million federal grant has been approved, $713 million in state bond funds will be directed to the project.

June 2, 2017 - Los Angeles Times

Huge Drop in California Cap-and-Trade Revenues—Could Market Be Collapsing?

'Huge' is an understatement. Revenues were less than 2 percent of what was forecasted. The uncertainty of the continuance of the program may be responsible. The plummet in revenues to high-speed rail adds to uncertainty of the $64 billion project.

May 28, 2016 - The Sacramento Bee

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