Steve Forbes is Chairman and Editor-in-Chief of Forbes Media.
Above-ground concrete supports for California's much-delayed and costly high-speed rail system are viewed under construction across Highway 198 on April 13, 2023, near Hanford, California. The current plan is for 171-miles of track between Bakersfield, Fresno, and Merced to begin operation in 2029. train wreck is coming in California, which calls itself the Golden State. But California’s governance is pure lead.
Railroads will have to deposit billions of dollars into a special fund, so they’ll someday be able to buy zero-emission locomotives. In other words, money that could be productively employed now will instead sit around unused to buy what may never exist. After all, zero-emission train engines would require batteries up to ten times the size of today’s. Go for smaller such engines? Putting aside their inefficiency, smaller battery locomotives are vulnerable to fires and explosions.
Would this force more freight onto supersized long-haul trucks? Not so fast. California has a mandate to force a transition to electric trucks.
Steve Forbes Taxes And Regulations Are Causing People And Busin California Is Losing Population For The First Time Regulators In California Are Scheming To Ban Diese Older Locomotive Engines Would Be Prohibited In Ca Longer-Distance Freight Trains In California Have Battery Technology For Zero-Emissions Train Engine California's Proposed Regulations Regarding Locomo California's High-Speed Rail System Is A Decade Be
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