Is the US Getting Serious About Investing in Passenger Rail?
After years of physical neglect & recurring financial woes, it looks like Congress might be starting to comprehend that our passenger rail system is in need of serious help (read: money). While European & Asian countries have long invested billions into high-speed rail systems that typically average over 125mph, here in the US we have Amtrak's Acela running in the Northeast corridor & averaging in the low 80s. Not exactly threatening any land speed records.
Although our train system is pretty much a total national embarrassment (something the Bulgarians would be ashamed of), it's not a total loss ... at least we have plenty of opportunity to improve ;)
New legislation has recently been introduced in the House of Representatives that shows significant sign of life. This is probably the most promising bill I have seen introduced in the past 5 years.
The new bill appropriates about $1.3 billion per year (over 5 years) for Amtrak capital needs. This is the money Amtrak needs to get the system in a state of "good repair". These are the funds the Bush admin has sought to pillage on an annual basis. Locking the funds up for the next 5 years is huge.
Most promising is the emphasis in the new bill on high-speed rail. Rail travel is so much more efficient in terms of energy use that it is inevitable that rail travel will become a much more important means of getting around in future years. Finally, Congressional dingbats leaders seem to have gotten the message (with oil at $125/barrel) that it doesn't make a lot of sense to have tons of people driving from NYC to Boston when they could be riding a comfy (hopefully wifi-enabled) train that sucks down a fraction of the energy all those cars would.
I feel like electrified passenger rail is going to be one of the meta-trends in American lifestyle change in the next 25 years. This bill might be the first step ...


