By Michael D. Setty
Most readers of this blog (all three of you!) probably know by now that the California State Senate approved the high speed rail (HSR) plan touted by Governor Jerry Brown by a one vote margin. Barring the results of pending environmental lawsuits against the California HSR project, this vote portends possible construction of a new HSR line from "nowhere to nowhere" in California's San Joaquin Valley.
Earlier today (Monday, July 9, 2012), the Los Angeles Times published a major story outlining how the French National Railroads (SNCF) had made a $38 billion proposal to the State of California to build and operate a HSR network, funded almost exclusively by private investors. Quoting the Los Angeles Times
article. See http://www.latimes.com/news/local/la-me-rail-advice-20120709,0,4539140.story