This is an excerpt from EERE Network News, a weekly electronic newsletter.
Transportation Department Awards $8 Billion for High-Speed Rail
President Barack Obama and Vice President Joe Biden announced on January 28 that the U.S. Department of Transportation (DOT) is awarding $8 billion in American Recovery and Reinvestment Act funds to 31 states across the country to develop the nation's first high-speed rail service that will allow passengers to travel quickly between major cities. The awards are a down payment on developing or laying the groundwork for 13 new high-speed rail corridors.
The majority of the funding will go toward developing large-scale, high-speed rail programs. For example, Florida is receiving up to $1.25 billion to develop a new rail corridor between Tampa and Orlando, with trains running up to 168 miles per hour, while California is receiving up to $2.25 billion for its planned project to connect Los Angeles to San Francisco and points in between with trains running up to 220 miles per hour. DOT is also proposing an additional $1 billion for high-speed rail in the fiscal year (FY) 2011 budget, as part of a five-year plan to add $1 billion annually to the initiative. See the White House press release, the White House summary of awards (PDF 15 KB), and the DOT press release on the FY 2011 budget. Download Adobe Reader.