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Lighting 3 billion on fire is still pretty bad no?!? I started having doubts about this project when I found out technicals were skeptical, but when the bombsh

• dragonwriter 13y ago
  > Lighting 3 billion on fire is still pretty bad no?!? Building something with immediate utility to improving existing service is lighting money on fire. The initial construction segment was chosen, among other segments considered for that role, because it provides considerable short-term return in terms of improvements in service on an already heavily traveled intercity rail route, as well as providing a good foundation for the initial operating segment for HSR. > but when the bombshell dropped that it would have cost half if SNCF built it on the I-5 corridor The SNCF proposal -- as those criticizing the High-Speed Rail Authority for rejecting it always fail to mention -- would have both used an alignment with lower ridership projections (and, thus, substantially less expected revenues) and required the State to provide SNCF with a revenue guarantee, both of which violate the laws governing the HSR project, and have the open-ended potential to cost the State far more in the long run.