Dan Walters and Ralph Vartabedian, both of Calmatters.org, are on the watch over the high-cost rail boondoggle as it claims to "create" tons of jobs (Walters) and as the costs just continue to boggle the mind and veer even further from budget reality (Vartabedian). Here's some of the numbers from the latter piece
The headline reads: New cost estimate for high-speed rail puts California bullet train $100 billion in the red. That's "in the red" which heretofore has been my working number for the whole budget. Now it's just the missing billions!
The latest report from the California High-Speed Rail Authority projects costs for the initial segment at $35 billion, which exceeds secured funding by $10 billion. Other segments of the system are likely to have their projected costs increase, too. The state hopes it will get more federal aid.
New cost figures issued in an update report from the California High-Speed Rail Authority show that the plan to build the 171-mile initial segment has shot up to a high of $35 billion, exceeding secured funding by $10 billion. The cost of that partial system is now higher than the $33 billion estimate for the entire 500-mile Los Angeles to San Francisco system when voters approved a bond in 2008. What’s worse, that full system cost is set at up to $128 billion in the update, leaving a total funding gap of more than $100 billion for politicians to ponder....The $128 billion price tag does not include cost updates for two separate segments between Palmdale and Anaheim
This nightmare is apparently lost on one UC Berkeley law professor
Ethan Elkind, who watches California transportation issues as director of the climate change program at UC Berkeley’s law school, said the mounting problems cloud the project’s future. “It is in jeopardy,” Elkind said. “It is dicey. There is no path forward for the full Los Angeles to San Francisco system. It is important that they get something done.”
The only thing that must get done is to kill this turkey before we blow through enough money to solve tens of serious infrastructure issues. A smarter UC Berkeley guy piles on the tale of woe
Bill Ibbs, a retired UC Berkeley civil engineer who serves on the group and has consulted on international high speed rail projects, said he is concerned about the lack of attention to engineering risks. “They don’t directly address the hard core engineering issues,” Ibbs said, particularly the 38 miles of mountain tunnels that are planned for Southern California alone. “What are the major engineering challenges that lie in front of you and why aren’t you talking about them in this report?”
The piece goes on to question the ridership forecasts and lays out the funding morass in more detail. Click through if you can stand it.
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