The USA Will Invest in High-Speed ​​Train to Fight Climate Change - US President Joe Biden announced in a speech on December 9, 2023 that they are carrying out the first high-speed train projects in US history. These projects are across America

USA Will Invest in High-Speed ​​Train to Fight Climate Change::The USA Will Invest in High-Speed ​​Train to Fight Climate Change - US President Joe Biden announced in a speech on December 9, 2023 that they are carrying out the first high-speed train projects in US history. These projects are across America

  • ExLisper@linux.communityEnglish
    611·
    11 months ago

    The worst part is that it usually follows well known cycle of:

    • project is estimated at $10b, government assigns $10b
    • private companies spend it on consultants and analysis, little gets built
    • government agrees to invest another $5b but requires cuts to the initial scope
    • with reduced scope projected passengers numbers drop, project is less attractive
    • repeat until cost is 1000% of the initial estimate and usefulness is 0. cancel project