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LA Times: High Speed Rail

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  • Clare MK
    LA Times Some fear California s high-speed rail won t deliver on early promises There s concern that local, state or federal subsidies would be needed as
    Message 1 of 1 , Feb 28 9:59 AM
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      LA Times

      Some fear California's high-speed rail won't deliver on early
      promises There's concern that local, state or federal subsidies would
      be needed as projected ticket prices between L.A. and San Francisco
      have almost doubled. And building costs for the first phase have grown

      By Rich Connell and Dan Weikel
      February 28, 2010


      Despite a new $2.25-billion infusion of federal economic stimulus
      funding, there are intensifying concerns -- even among some high-
      speed rail supporters -- that California's proposed bullet train may
      not deliver on the financial and ridership promises made to win voter
      backing in 2008.

      Estimates of ticket prices between Los Angeles and San Francisco have
      nearly doubled in the project's latest business plan, pushing
      ridership projections down sharply and prompting new skepticism about
      data underpinning the entire project.

      full story:

      http://www.latimes.com/news/local/la-me-high-speed28-2010feb28,0,5686672.story

      posted by clare.
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