California drops lawsuit over $4B Trump-era high-speed rail funding cut, shifts to cap-and-trade and private investors
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California has dropped its lawsuit seeking to reinstate roughly $4 billion in federal high-speed rail grants revoked under the Trump administration, with the California High-Speed Rail Authority saying the federal government is "not a reliable, constructive, or trustworthy partner." The authority says it has secured $1 billion a year from the state's cap-and-trade program through 2045, is actively courting private investors and reframing the project as following "proven global best practices," even as former President Trump and Transportation Secretary Sean Duffy deride it as a "train to nowhere" that "never will" be delivered.
U.S. Infrastructure and Transportation
California High-Speed Rail
Infrastructure and Transportation Policy