How much would the US spend on high speed rail?

That works out to $200 million a mile for hilly areas. At these costs, Obama's original high-?speed rail plan would require well over $1 trillion, while the USHSR's plan would need well over $3 trillion. Building a system longer than China's would cost at least $4 trillion.



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That works out to $200 million a mile for hilly areas. At these costs, Obama's original high-?speed rail plan would require well over $1 trillion, while the USHSR's plan would need well over $3 trillion. Building a system longer than China's would cost at least $4 trillion.

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U.S. Transportation Secretary Ray LaHood today announced that 54 high-speed rail projects in 23 states will share in $2.4 billion to continue developing America's first nationwide program of high-speed intercity passenger rail service.

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Funding for California high-speed rail has come from the legislative appropriation of state special funds and from federal competitive grants. No funding comes from traditional state sources, such as the gas taxes or general fund dollars.

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Funding for California high-speed rail has come from the legislative appropriation of state special funds and from federal competitive grants. No funding comes from traditional state sources, such as the gas taxes or general fund dollars.

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The Chinese government is promoting sustainable economic growth by investing in new transportation infrastructure, and HSR is one of the key projects. In 2020 alone, China's investment in intercity high-speed rail and rail transit was expected to reach 800 billion yuan.

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It Takes Decades to Plan and Build However, because of cost overruns and the pandemic, the authority now projects completion no earlier than 2033, nearly 40 years after planning began. Not all high-?speed rail lines may take this long, but two decades seems a likely minimum.

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This investment has spurred economic benefits around California and across the country. Investment in high-speed rail is supporting jobs, labor income and economic output across a number of California's regions, including some of those hardest hit by the Great Recession.

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Structures complete/in progress are at 74% for 2022, projected 86% in 2023. Miles of guideway complete/in progress is at 74% in 2022, projected 81% in 2023.

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China initially relied on high-speed technology imported from Europe and Japan to establish its network. Global rail engineering giants such as Bombardier, Alstom and Mitsubishi were understandably keen to co-operate, given the potential size of the new market and China's ambitious plans.

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With one possible exception, no high-speed rail system in this country could pay for itself, and the claimed external benefits - cleaner air, energy saved, eased pressure on airports - are nonexistent.

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This chart displays the Breakeven Analysis on Phase 1 of the high-speed rail system assuming the horizon year of 2040, showing a 99.4 percent probability that Phase 1 would be profitable between $0 to $5.7 billion and a 0.6 percent chance of deficit between $220 million and 0.

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In 2021, Beijing-Shanghai High-speed Railway Co., Ltd. earned a total net profit of 4.8 billion yuan, an increase of more than 49 percent from the previous year. Established in Beijing in 2007, it is the only railroad company in China that introduces social cash investors and Sino-foreign cooperative operations.

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Hyperloop One estimated that for a loop around the Bay Area the costs were in a range on $9 billion to $13 billion in total, or from $84 million to $121 million per mile.

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While Elon Musk's Hyperloop is physically possible, it faces tremendous engineering obstacles. Major tradeoffs will involve cost, safety, and practicality. Any accidents, such as an air leak, would be catastrophic.

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The Hyperloop system is expected to be a faster and economical alternative to conventional short- range aviation and high-speed rails. Moreover, a market study by NASA (Taylor et al., 2016) concluded that developing Hyperloop facilities would be cheaper than other high-speed railway Page 5 5 networks.

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High-Speed Rail Is Too Expensive Building the 48,000-mile Interstate Highway System cost about $500 billion (in today's dollars). Paid for entirely out of user fees, it carries about 25 percent of all passenger travel and 15 percent of all freight in the United States.

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