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The question regarding private financing for high speed rail in California has typically been “when?” and not “if?” A recent article in the LA Times suggests the answer may be much less clear: Investors may not be willing to back the state’s bullet train project until after it begins operating, the California High-Speed Rail Authority [...]
The latest Business Plan for the California high speed rail project is due to be released in October, and there’s a lot riding on it. Many legislators have declared that the Plan has to show a viable path forward for the project, particularly its financing, or else they might be interested in pulling the plug. [...]
Some days you read something that makes you feel depressed. Someone you respected suddenly writes something that is so lacking in credibility, so wrong on the basic facts, that you wonder what could have possessed them to go so far off the rails. Today I had that experience reading Stanford professor Richard White’s shocking and [...]
Yesterday the California High Speed Rail Authority announced the results of its Request for Expressions of Interest – and it should be no surprise that the private sector responded strongly: More than 1,100 expressions of interest flooded into the California High-Speed Rail Authority’s offices in Sacramento prior to a Wednesday deadline – from businesses ranging [...]
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