stntylr
OBS Chief
I know it doesn't get done for free but the writer of the report seems to think most of it is waste. Apparently community outreach is a big part that amount.
I'm not against HSR I just don't have any confidence in the state of California's ability to build it. The report also gives a new estimate of total construction cost of 67 billion dollars. Plus an operating cost of 1 billion dollars a year to run it. It was also pointed out that once operational it cannot receive any local, state or federal subsidies. So it will have to generate 1 billion dollars in revenue a year from day one.
It looks like a warning that the project is in danger of becoming a huge money pit.
And you might attack me for this but I agree.
I'm not against HSR I just don't have any confidence in the state of California's ability to build it. The report also gives a new estimate of total construction cost of 67 billion dollars. Plus an operating cost of 1 billion dollars a year to run it. It was also pointed out that once operational it cannot receive any local, state or federal subsidies. So it will have to generate 1 billion dollars in revenue a year from day one.
It looks like a warning that the project is in danger of becoming a huge money pit.
And you might attack me for this but I agree.