California lawmakers have given the OK to the state’s largest-ever
construction project—the nation’s first high-speed rail line. However, there
are still many obstacles ahead.
Last Friday, state legislature narrowly approved the
allocation of $4.5 billion in state funds for rail improvements and to begin
construction of the first segment in Central Valley. The move allowed the state
to collect $3.2 billion of the $10 billion in federal bonds which were approved
for the project in 2008. So far, only about $13 billion of the total estimated
$68 billion has been allocated for the project.
There are no guarantees regarding where the rest of the
funding will come from. Congressional republicans have said they will block any
further funding for the project and investors have not bought into the project
as predicted. California voters are also becoming wary of the project; a field
poll showed that if the 2008 rail bond was put to vote today, it would fail.
In addition to the funding issues, farmers and local land
owners are intensifying their efforts to derail the project that will leave 1,500
acres of fertile farm land unusable and disrupt more than 500 agricultural
businesses. But that is a small price to pay for the environmental benefits the
project will bring, including:
·
Reduced air pollution/smog and improved air
quality
·
Reduced dependence on foreign oil (saving 12.7
million barrels/year)
·
Reduced greenhouse gas emissions by 12 billion
lbs./year
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