$12 Billion completed by 2028. Will it happen on time?
50 sats \ 4 replies \ @Cje95 22 Apr
It seems that these types of projects fail completely when the government tries to lead. Since this company has been able to make a Miami to Orlando route work it seems like they would be best to actually pull this off. I do wonder about the weather though since Cali has seemed to be getting clobbered the last couple of years. If it is done though it could really kickstart these things coming to fruition across the US
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0 sats \ 3 replies \ @BlokchainB OP 22 Apr
Yea the state still didn’t finish the route from La To SF I think. It is way over budget. I just think what is causing the government to fail with this types of projects
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150 sats \ 0 replies \ @Cje95 22 Apr
Lol yeah you should look into how WILDLY over budget it is. With either the Bipartisan Infrastructure Act or the Inflation Reduction Act (not sure which one) they gave it I want to say $10 billion to try and complete just the FIRST segmet... One that isn't expected to get much use at all but they want to have something done!
I would say the government is pretty good at huge projects for national security.... because the pressure is there and they need to execute literally for the citizens but these other mega projects that don't have a fear of God thing behind them are just so much harder to do.
I just ripped this from Wiki so it might be a little wrong but the general idea is what we were both saying:
Construction of Phase 1 began in the Central Valley in 2015. Due to limited funding, the project is being built in sections. As of 2024, the state was targeting completion of a 171-mile (275 km) long Initial Operating Segment (IOS) connecting Merced and Bakersfield. The IOS is projected to commence revenue service as a self-contained high-speed rail system between 2030-2033, at a cost of $28–35 billion.[6][7] With a top speed of 220 mph (350 km/h), CAHSR trains running along this section would be the fastest in the Americas.[a]
From January 2015 to December 2023, a total of $11.2 billion had been spent on the IOS – which has 119 miles (192 km) under active construction – and on upgrades to existing rail lines in the San Francisco Bay Area and Greater Los Angeles, where Phase 1 is planned to share tracks with conventional passenger trains. The Authority has not secured funding to connect the Central Valley section with either the Bay Area or Los Angeles, which would require crossing several major mountain passes. As of 2024, the entirety of Phase 1 was projected to cost $106.2 billion.
Notice that the IOS part is in the middle of the state and doesn't reach either of the cities not to mention they are ETA mid 2030s now... YIKES
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0 sats \ 1 reply \ @Satosora 22 Apr
They should make a maglev train for that kind of money.
The technology is there.
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50 sats \ 0 replies \ @Cje95 22 Apr
I want to say they looked into that with Japan but due to I want to say safety and the fact they these trains are supposed to "save money" by running on existing lines it wasn't possible. Not to mention who knows how bad the permitting would be for something like that!
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0 sats \ 6 replies \ @Satosora 22 Apr
What happened to the hyperloop?
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50 sats \ 5 replies \ @Cje95 22 Apr
Money became expensive and so most of those companies have folded. When interest rates were near 0 it was easy to raise money but not anymore. I have heard that the UAE was looking at it but esp in the West their are psychological safety concerns with it. People cant imagine a tube floating going that fast
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0 sats \ 4 replies \ @Satosora 22 Apr
I dont understand why it is so expensive.
Japan was able to build many train systems, and still do.
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0 sats \ 3 replies \ @Cje95 22 Apr
Japan has an established industry so they are able to leverage it. The US doesn't and so it is starting from scratch. Not to mention the labor costs esp. in Cali are high the land prices are high compared to Japan. Also think of the size of Japan as well they started small and built there way up our starting small is the equivalent of a huge project in Japan
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50 sats \ 2 replies \ @Satosora 22 Apr
I see.
Maybe it is time to tax Cali a bit more so they can have a better way of transportation.
lol
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0 sats \ 0 replies \ @BlokchainB OP 22 Apr
😂
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0 sats \ 0 replies \ @Cje95 22 Apr
lmaooooooo I am sure they are going look guys... just a little bit more of an increase and we will be good to go!
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