August 10, 2011

Calif. high-speed rail project to cost billions more

California's proposed high-speed rail system will cost billions more to build than originally anticipated, according to a newly released environmental report. In addtion, the reports say the statewide project would save more than $100 billion in new and expanded freeways and airport construction over the next 25 years, reduce automobile traffic, and help improve air quality in the Valley and the state, according to the Fresno Bee.

Other highlights of the report included engineers belief that building the line is expected to cost $3.8 billion to $6.9 billion between Merced and Fresno, depending on which route is chosen, marking the first time the California High-Speed Rail Authority has produced a breakdown of costs by segment. For the full story, click here.

 

 

 

 

 

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