Report: Halt state funding for high-speed rail
Original post made on Jan 5, 2012
Read the full story here Web Link posted Friday, January 6, 2012, 12:00 AM
on Jan 5, 2012 at 5:31 pm
It seems that far too many people have been blinded by high-speed rail's "light at the end of the tunnel." Who will actually benefit from it? Who wants to be whizzing down the Central Valley on the ultimate terrorist/earthquake target? Who stops to think how they are locked into extremely limited stops (stops that they will have to shuttle/bus/rental car, etc. to get to where they REALLY have to go? Limited options! BART was originally planned to go from Sacramento to San Diego (consider all the transfers necessary just to get to where a car, bus, or regional transit would be much easier). My point? It would be a very expensive (I'd prefer the money be spent on education, health care, social services, etc.) "folly trolley" that the general public would be rail-roaded into for the sake of short-sighted long distance vested interests who can't see beyond the platform of this track trick. Just a thought...
on Jan 6, 2012 at 8:46 am
The total proposed cost according to the State fact sheet is $98 Billion. Meanwhile, the governor wants to raise sales and income tax or threatens to cut emergency, education, and social services.
on Jan 6, 2012 at 9:29 am
From the states website, and the "HIGH-SPEED RAIL 2012 DRAFT BUSINESS PLAN FACT SHEET*", the total project cost is $98.5 Billion**.
The FACT SHEET also says there will be 4,500 permanent operations and maintenance jobs, and 20,000 construction jobs per year during construction. That is a cost of $21.9 million per permanent job, or $4 million per permanent and temporary job. That's a very high cost for "job creation."
The FACT SHEET also says "CO2 emissions reduced by 3 million tons" which sounds like a big number, until you realize that Californians exhale 30 million tons of CO2 per year, and the Earth's atmosphere contains 3 million megatons of CO2 (3x1012 tons). CO2 in atmosphere is ~381 ppm, and 3 million tons is 0.000375 ppm; an insignificant amount.
So the "green" benefits of the rail don't pan out, and the cost of job creation is way to high, and it certainly is not worth raising taxes and bonds and going into further debt.
**almost a trillion dollars, and when has the State ever been under budget on anything?