Showing posts with label California High Speed Rail. Show all posts
Showing posts with label California High Speed Rail. Show all posts

Wednesday, November 5, 2008

High Speed Rail Coming to California







From the San Francisco Chronicle:



(11-05) 00:26 PST SAN FRANCISCO -- California voters appeared to be climbing on board a plan to start construction of the nation's first high-speed rail system.

With better than 40 percent of ballots counted, Proposition 1A was holding a narrow but steady lead.
The bond measure would approve the sale of nearly $10 billion in bonds as a down payment on an 800-mile high-speed rail network that would send electric trains zipping between Northern and Southern California at up to 220 mph.
Supporters, including transportation, environmental and business groups and the heavy-construction industry, said high-speed rail would offer a fast, greener and less-costly way to travel up and down the state.
Opponents - mainly taxpayers groups and the libertarian Reason Foundation - criticized the high-speed rail proposal as either poorly planned or a good idea that the state can't afford in trying economic times.