U.S. Passenger Train Projects Receive Funding, including Amtrak and Light Rail, Business and Industry Trends Analysis

The U.S. remains far behind the rest of the developed world in terms of high speed passenger rail.  Advanced trains, boasting speeds above 200 miles per hour, are under study for travel between the Los Angeles and San Francisco, California areas.  Proponents state it could reduce annual highway traffic by 2 million cars and annual greenhouse gas emissions by 12 million tons.  Critics fear that it would lose vast amounts of money.  Despite the possible advantages of regional high-speed trains in the U.S., including energy efficiency, low pollution output and relief for crowded airports and highways, funding remains uncertain.  Many…

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