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In a major development with plenty of importance for the California High Speed Rail project, Taiwan’s high speed rail project generated an operating profit in 2009. Of course, HSR lines across the world routinely generate operating profits, so Taiwan isn’t breaking any new ground here. So why is this a “major development”? Taiwan’s HSR system [...]
There is a tension in American life right now between those who want to do everything on the cheap – even if it means inferior or even failing services, even if it means long-term recession – and those who see value in making a long-term investment so that we do things right, whether that “thing” [...]
At the USHSR conference in Los Angeles this week – an event where Californians For High Speed Rail‘s Daniel Krause also spoke – Quentin Kopp, member of the CHSRA board, said that they expect to start taking bids in 2011 in order to begin construction in early 2012: The state has until September 2011 to [...]
I’ve written a lot about the so-called “Green Dividend” at this blog in the last two years. It’s a phenomenon found in cities with good mass transit networks: residents save money that would have gone to buy gas because of available transportation alternatives, and that savings creates new economic activity and value. Portland, Oregon was [...]
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