OAKLAND, Calif. (Echosphere News) — The California High-Speed Rail Authority has formally dropped its lawsuit against the Trump administration regarding the withdrawal of $4 billion in federal funding for the state's high-speed rail project.
In July, the U.S. Transportation Department eliminated funding intended for the bullet train, which is designed to connect San Francisco with Los Angeles, with officials citing a lack of a viable plan by the California High-Speed Rail Authority.
In response, the authority filed a lawsuit, with California's Democratic Governor, Gavin Newsom, describing the federal decision as politically motivated. However, the authority has now determined to redirect its focus towards private investment and other funding avenues to ensure the project's completion.
The California High-Speed Rail project, which has an estimated total cost exceeding $100 billion, will rely on a new funding strategy that includes $1 billion per year from the state's cap-and-trade program until 2045. This program is aimed at reducing emissions by making major polluters buy emissions allowances or fund climate-change mitigation projects.
The rail authority stated that moving forward without federal interference represents an opportunity to adopt advanced practices from successful high-speed rail systems worldwide. A spokesperson highlighted that concentrating on proven global practices will help ensure the project's success.
Despite the setbacks, the California High-Speed Rail Authority remains optimistic about forging ahead with plans that could transform the state’s transportation landscape, reducing emissions while providing efficient transit solutions.
