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On Thursday I discussed remarks made by CHSRA Board Chair Dan Richard about the upcoming revision to the Business Plan, remarks that suggested urban areas were going to play a greater role than earlier thought. While I never assumed Richard was suggesting that the Authority was going to abandon the Central Valley Initial Construction Segment, [...]
Yesterday Ed Goldman of the Sacramento Business Journal wrote about his meeting with CHSRA Board Chairman Dan Richard – and he includes an interesting hint about the revised Business Plan that Governor Jerry Brown wants to see: I ask him if the new-and-improved business plan that Gov. Jerry Brown wants on his desk any minute [...]
Back in April 2010 the State Auditor released a report that was unfairly critical of the California High Speed Rail Authority. The State Auditor argued that California was uncompetitive for federal funds (as it turned out we won half of the $8 billion in HSR stimulus funds) and ignored the then-Democratic Congress’ interest in finding [...]
One of the common criticisms of the high speed rail project is that private investors aren’t interested in the project. There’s no real evidence backing that claim, but it gets shared anyway. Today that argument was dealt another blow when Fitch Ratings concluded “high speed rail networks will proceed”: Fitch believes that U.S. high speed [...]
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