Submitted by: Submitted by akshah67
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Date Submitted: 10/30/2013 09:46 PM
The proposed high-speed rail project in the Texas Triangle
has had a long and somewhat checkered history. Earlier ef-forts to implement this project through the private sector
failed for lack of financing, as well as from unrealistic expec-tations for instantaneous wealth, plus opposition from en-trenched real estate, oil, and other interests. While private-sector financing alone in theory can be justified for the Texas
Triangle high-speed rail project, in reality it is better conduct-ed as a joint public-private effort. Governor Perry’s Trans
Texas Corridor plan provides such an opportunity in concept,
but route specifics should be realized to favor existing railroad
rights-of-way whenever possible, instead of building toll
roads.
The Texas Triangle High Speed Rail Project can be com-pleted for $10 to $12 billion for the high-speed rail passenger
system alone. However, the total capital cost of the overall
Texas Triangle rail project would be increased to between $20
and $30 billion, when commuter rail and freight rail are in-cluded. The hauling of trucks in conjunction with passengers
makes the project especially beneficial in terms of its potential
revenues and economic benefits. The greatest benefits are in
the congestion, highway maintenance costs, and air pollution
emissions, during the time when Texas’s population is expect-ed to increase from the present 21 to 30 million by 2020, and
to as much as 50 million by 2050.
The model of France can be used as a guide for high-speed rail development in Texas, based on their extensive
high-speed rail development using primarily nuclear ener-gy for propulsion over the network. The fact that Texas is
considering a future high-speed rail passenger system
which could use the French TGV as a model is significant
(Figure 5), where announcements have been made to con-struct as many as six new nuclear reactors to augment the
four reactors already in operation. The recent...