Calif.’s Gov. Brown rejects $100B HSR cost estimate

SACRAMENTO, Calif. — Gov. Jerry Brown said in an interview that with environmental fees paid by carbon producers as a source of funding, California's high-speed rail project will cost significantly less than the state's current estimate, The Sacramento Bee reported.

The California High-Speed Rail Authority's business plan said the project could cost $98.5 billion over 20 years. For the full story, click here.