Jerry Brown plans to propose spending millions of dollars in fees paid by carbon producers to aid the state's controversial high-speed rail project, sources said. The proposal - and the prospect of additional funding from the state's cap-and-trade program in future years - could provide a significant lift to a $68 billion rail project beleaguered by uncertainty about long-term financing. Brown plans to propose allocating several hundred million dollars this year. Though the state has acquired $3.4 billion in federal funding to start construction of the rail project in the Central Valley, legal challenges have left state bond funding in question.
The complaint abuot CapnTrade was always the same, government taxes energy efficient transportation and funds energy inefficient transportation. Look no further than the hugely subsidized light rail messes we have around the state. Also look no further than 20 years of failure regulating energy in California.
It is this kind of crap from California that is causing the secstags.
California es mal gobernados y traer abajo la economÃa nacional.
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