View Single Post
  #3071  
Old Posted Mar 10, 2021, 3:09 AM
numble numble is offline
Registered User
 
Join Date: Sep 2006
Posts: 223
Quote:
Originally Posted by Pedestrian View Post
The bond issue was never meant to be more than seed money. What was hoped for was a private partner (the Chinese were cultivated). When there didn't seem much interest in that, HSR got funding from California's "Cap and Trade" scheme for greenhouse gasses. But that's not worked out so well either:


https://usa.streetsblog.org/2016/05/...e-hits-a-snag/

So now we are reduced to hoping for some federal funding to keep things moving forward.
A 2016 article isn't really that representative of how the Cap and Trade funds have worked out.

There was a big dip in 2016, but it has been steady since then, with another dip for the pandemic:


Reply With Quote