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Posts Tagged ‘cap and trade’

Another day, another Republican effort to defund high speed rail rejected in Sacramento: tate Sen. Sharon Runner, R-Antelope Valley, announced Wednesday that her legislation to prohibit Cap and Trade funds from being used for High Speed Rail was killed by the Senate Transportation and Infrastructure Development Committee. Introduced in the First Extraordinary Session on Transportation […]

Sep 4th, 2015 | Filed under Uncategorized

California’s cap-and-trade system continues to hum along, and the state has begun to dole out the revenues: The biggest beneficiary is the state’s high-speed rail line, which so far has reaped $750 million. Transit agencies in the San Francisco and greater Los Angeles regions each garnered $41 million. A reclamation district in Sacramento County received […]

Aug 30th, 2015 | Filed under Uncategorized

Well this is some nonsense. Governor Jerry Brown has called a special session to deal with the state’s enormous road maintenance backlog, estimated at $59 billion. The nonsensical part: two Kern County legislators want to raid the cap-and-trade funds to help pay for roads. And it’s a deliberate attack on high speed rail: Two local […]

Jul 1st, 2015 | Filed under Uncategorized

Yesterday Governor Jerry Brown issued the May revise to his 2015-16 proposed budget, and it includes $500 million for high speed rail: Securing annual funding for high-speed rail — which was awarded $250 million in the last budget and stands to receive $500 million in the next — was a key victory for Brown. “It’s […]

May 16th, 2015 | Filed under Uncategorized