California’s train troubles cast a pall on U.S. high-speed rail
(Source: Bloomberg, February 26, 2019)
WASHINGTON, D.C. — For more than a decade, California has been trying to develop a 520-mile network of trains speeding as fast as 220 mph, much as they do in parts of Europe and Asia. Investing in high-speed rail in the U.S. is also a key plank of congressional Democrats’ “ Green New Deal” to mitigate climate change. But California’s bullet train project is in trouble, plagued by cost overruns, political controversy, poor decision-making, and now questions about the scope of the project and a fight over funding with President Trump. Its fate shows just how challenging the goal remains of replacing emissions-spewing vehicles on congested highways with fast, clean travel by rail.
Full story: Bloomberg
Tuesday, February 26, 2019
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