Wednesday, August 17, 2011

Informative post on California high-speed rail

This is a must-read post to get oriented the facts for CA high speed rail. Cost estimates have been drastically revised upwards recently, but some of that has to do with accounting changes and some of it is legitimate.

Bottom line, though, per-mile costs are about lining up with the international average. Moreover, it's important to remember that the state's population will be increasing over the next few decades and so infrastructure will have to be built, whether that's a high-speed rail system, more airports, or more highways. No it's not a question of rail or no rail, but rather, rail or some other transit option.Link

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