Column: High-speed trains are a waste of money

Posted on January 6, 2011

High-speed trains aren't going to "save the planet," according to a Newsweek column written by Robert J. Samuelson last fall. He cites California's plan for high-speed rail as a particular gamble considering the states' budget issues, and for the huge investment, which could approach $200 billion for construction of 13 corridors, there wouldn't be "any meaningful reduction in traffic congestion, greenhouse-gas emissions, air travel, or oil consumption and imports."

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