Ask Eve
California High-Speed Rail, the $1B Cap-and-Trade Siphon, and Why Megaprojects Never Die
40:36
Episode 10, recorded during the California High-Speed Rail & the Billionaire Tax session (07:49:37–08:23:42 UTC). David asks what happened to California High-Speed Rail, and Eve traces how a $10B 2008 bond measure promising San Francisco to Los Angeles in under three hours by 2020 became $15.5B spent, a $126B+ full-system cost estimate, and zero miles of track laid—sustained by a $677M /…