Government Issues

Cap-and-trade fund proposed to pay for Calif. HSR

Posted on January 8, 2014

SACRAMENTO, Calif. — The Los Angeles Times reported that Gov. Jerry Brown plans to provide funding to the state’s high-speed rail project by tapping $250 million in funds from corporate fees on greenhouse gases. The move is an effort to help make up for $9 billion in state funding that was blocked last year in a court ruling.

The proposal is getting opposition from environmental groups that have previously allied with the governor on the project. Environmentalists want the funds go to projects that can have greater, more immediate effects on climate change, according to the paper. For the full story, click here.

View comments or post a comment on this story. (0 Comments)

More News

FTA transfers WMATA safety, announces all states now meet oversight standards

In addition, approximately $48.5 million in FTA grant funding withheld due to the District, Maryland, and Virginia is now available

Public transit infrastructure needs at least $232 billion, APTA says

U.S. projects range from those in need of major repair or maintenance to new priorities including terminal constructions and electric bus fleets.

FTA announces $85M funding for tech. advanced transit buses

The Low-No Program helps project sponsors purchase or lease low- or no-emission vehicles.

IndyGo chief testifies on importance of federal funding

He testified that federal public transportation policy must focus on the continued solvency of the Highway Trust Fund.

Proposed budget calls for cuts to CIG program, Amtrak

The budget proposal also includes a 31% cut for the Environmental Protection Agency.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation