California legislators are not backing down from the commitment to create a high-speed rail system to connect the Bay Area and the Los Angeles basin.
On Saturday, the California Legislature will convene to approve new energy and climate agreements, including one that will extend the state's cap-and-trade emissions program through 2045.
As part of that agreement, which was negotiated between state legislators and Gov. Gavin Newsom, the California High-Speed Rail will receive something it's never had before: steady funding.
Every year through the cap-and-trade program, the California High-Speed Rail Authority will be awarded $1 billion for the construction and realization of the state's most ambitious infrastructure project in history. It's the largest guaranteed cash infusion in its hist