Column: High-speed trains are a waste of money
Newsweek columnist Robert J. Samuelson says it only works in places (Europe, Asia) with greater population densities and says it would do little else but subsidize a small group of travelers.
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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