High Speed Passenger Rail: Future Development Will Depend on Addressing Financial and Other Challenges and Establishing a Clear Federal Role
DIANE Publishing, Jun 1, 2009 - 108 pages
Federal and other decision makers have had a renewed interest in how high speed rail (HSR) might fit into the national transport. system and address increasing mobility constraints on highways and at airports due to congestion. This report reviews: (1) the factors affecting the economic viability-- meaning whether total social benefits offset or justify total social costs -- of HSR projects, incl. difficulties in determining the economic viability of proposed projects; (2) the challenges in developing and financing HSR systems; and (3) the federal role in the potential development of U.S. HSR systems. The auditor interviewed fed., state, local, and private sector officials; and reviewed HSR development in France, Japan, and Spain. Charts and tables.
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79 miles addition Amtrak Anaheim Angeles Appendix California High Speed Chicago cities congestion construction costs Cost Estimate Funding Date Current Status Department of Transportation Desert Xpress diesel domestic projects economic viability Environmental Review Phase evaluating federal funding federal role financing FOX project Funding to Date goals high speed rail highway Illinois Incremental/Diesel 79 infrastructure intercity passenger rail investment Japan JR Kyushu Las Vegas Los Angeles maglev magnetic levitation miles per hour million national rail plan Nevada Northeast Corridor officials percent potential PRIIA private sector proposed high speed proposed projects public benefits revenues ridership forecasts right-of-way route Spain Speed Rail Authority Speed Rail Corridor speed rail development speed rail lines speed rail projects Speed Rail Proposals speed rail service speed rail system stakeholders steel-wheel on steel-rail Surface Transportation Tokyo top speed track transportation modes travel demand trips Vegas viability of high Victorville Washington