Brightline West, developer of the proposed $8-billion high-speed train between Southern California and Las Vegas—a project that has been on financial hold since last fall—now says the project is back on track.
The $8.9B award, combined with 1.7 GW of offshore projects already underway, will move state closer to goal of renewables supplying 70% of power needs by 2030.
Rep. Earl Blumenauer (D-Ore.), a member of the House Ways and Means Committee, cited ASCE’s study, “Failure to Act: Economic Impacts of Status Quo Investment Across Infrastructure Systems,” as ideal starting point for the infrastructure financing discussion.