that a comprehensive financing plan is lacking from the state and the Authority. The proposed bonds would be insufficient for Phase 1 alone putting the rest of the project away from consideration. There is very little clarity on the potential matching funds to be available from federal and local governments. The reliability on private investors for capital funds is questionable approach. The California High Speed Rail Authority has received cautions from the state Senate Transportation and Housing
that a comprehensive financing plan is lacking from the state and the Authority. The proposed bonds would be insufficient for Phase 1 alone putting the rest of the project away from consideration. There is very little clarity on the potential matching funds to be available from federal and local governments. The reliability on private investors for capital funds is questionable approach. The California High Speed Rail Authority has received cautions from the state Senate Transportation and Housing
Political and Economics of the California Bullet Train Project University HUM Professor 24 January 2012 Political and Economics of the California Bullet Train With California being the largest state in our union and holding the biggest population of people in the country, it would be only wise to build fast and reliable means of public transportation between it rather large cities. With the political forces in place in our country, the policymakers control the outcome
increased number of work hours, job site utilities, and equipment rentals (Cox). Because of this increase in price, the state of California has tried to match federal funding with private investors. This, however, has been a slow and uncertain process. Another overestimation on the side of the CAHSR is in train times. Cox argues that the CHSRA’s anticipated average speeds are not being achieved anywhere in the world, even on the most advanced lines. He also states that “ the HSR would be unattractive
Economics Development Impacts High Speed Rail Tom Kayo TMLT601, I001, Fall 15 American Public University Emmet Fritch December 26, 2015 Abstract This paper premise is the economic development impacts of transportation in general, as examined by Kumares, Sinha & Labi (2007). Multiple studies have revealed that investments in public transportation ultimately drives productivity and economic growth (Kumares, Sinha & Labi, 2007). This paper however will move away from highways
California High Speed Rail Anil Hirani Concordia University Austin Texas Dr. Catalina Zarate April 5, 2015 Introduction and Highlights High speed rail (HSR) was generally defined as trains capable of travelling at least 150 mph. The origin of high speed rail in California started in early 1980s, a 130-mile bullet train project between Los Angeles and San Diego was put forward as assembly bill. Financing difficulties ultimately led the American High Speed Rail Corporation’s (AHSRC) abandonment
A Case Study on the California High Speed Rail System (CAHSR) - Is It Feasible? By Hardeep Ramesh, MS ISE Engineering Economics (ISE 460) University of Southern California December 3, 2010 Abstract: California High Speed Rail (CHSR) system is a mega project planned by the California High Speed Rail Authority (CA HSRA), connecting the major metropolitan areas of California. The project finalized in mid 2000, is estimated to be one of the most expensive of its kind. It is in the
California High Speed Rail High speed rail transportation has become an important issue in California that could potentially help our current transportation system and other environmental issues that need to be dealt with. This is an important issue to look into because currently our transportation system could be a lot more efficient using high speed rail instead of just the current car and air system that we have right now. Because of this there are a lot of potential benefits from the economic
When people think pollution, most think straight to automobiles producing harmful emissions which contribute to global warming or climate change. Well, this is true. Motor vehicles account for about half of the toxic air pollutant emissions in the United States. A large part of these toxic air pollutants is the need to rely on oil as a fuel source. The fact that oil is still the main source of energy for things like automobiles, when there are other alternatives like electric vehicles, creates many
High Speed Rails Contents High Speed Rails 3 Chapter I - Introduction 3 I.1 Statement of the Problem 3 I.2 Question of the Study 3 I.3 Objective of the Paper 3 I. 4 Significance of the Study 4 Chapter II - Literature Review 4 II.1 Introduction and a Short Page of History 4 II.2 What is it exactly? A Definition 5 II. 3 What Are the Costs? 6 II. 4 Advantages of High-Speed Rails 8 II. 5 Disadvantages of High-Speed Rails 12 II. 6 Pollution 13 Chapter III – Methodology 18 Chapter IV