Highlights from Chapter 1:
Investment in Clean Transportation
Economic Impact of High-Speed Rail Investments
July 2006 – June 2020
- More than $7.2 billion has been invested in planning and building high-speed rail with 97% of that investment going to California firms and workers
- High-speed rail is an economic engine creating jobs and stimulating local and regional economies, providing between 54,300 to 60,400 job-years of employment
- Planning and construction is creating economic opportunities throughout the state, employing more than 600 small businesses and 5,500 construction workers dispatched to date
- High-speed rail is a wise investment when compared to expanding roads and airports
- Over time, the average annual greenhouse gas emissions savings from high-speed rail is equivalent to taking 400,000 cars off the road each year
- High-speed rail trains will be powered by 100-percent renewable energy
- In December 2020, the Authority received an Envision Platinum rating from the Institute for Sustainable Infrastructure, the largest transportation infrastructure project to win the award to date
Cost of Providing High-Speed Rail Compared to Highway and Airport Capacity
Text description of the chart
This chart shows the cost of building Phase 1 of California’s high-speed rail compared to the equivalent cost to build out highways and airports with equivalent passenger carrying capacity. California would need to construct approximately 4,200 highway lane-miles, add 91 airport gates and build two new airport runways to provide capacity equivalent to the Los Angeles/Anaheim to San Francisco high-speed rail system. The cost range for highway/airport equivalent capacity is $122 B – $199 B, compared to an estimate of $63 B – $98 B for high-speed rail.
This robust, third-party review of sustainability performance against 64 different issue areas illustrates how the California High-Speed Rail Authority is delivering on its commitment to provide current and future generations a system that protects and restores social, environmental and economic sustainability in its delivery and on into operation.
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