Will New Russian Train Spark U.S. High-Speed Rail Race?

Thursday, February 4th, 2010

On December 17th 2009 the Sapsan (Russian for Peregrine Falcon) high-speed train made its maiden voyage from Moscow to St. Petersburg in 3 hours and 45 minutes.

Nothing has ground America’s collective gears worse than losing to the “Ruskies” for the majority of the past century, so this development could provide the spark needed to ratchet up speed rail development in the United States as a matter of national pride.

When Sputnik slung Yuri Gagarin into orbit, the United States launched into the space race with the Apollo missions.  America prides itself on its tech capabilities, which makes it even more puzzling why the high speed rail resistance has held out for so long and why we are behind the Russians in this regard.

The Sapsan is the latest and greatest of Russian rail, and adds to the heritage the zheleznya doroga (meaning railway, or  literally “iron road”).

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Better Place Secures $350 Million Series B Round

Monday, January 25th, 2010

Shai Agassi (left) and the team at Better Place have done it again: almost two years to the day after announcing its first car partnership and its first country deployment in Israel, Better Place today announced that it has signed an agreement with an HSBC-led investor consortium for new equity financing of $350 million. The deal marks one of the largest clean-tech investments in history and values Better Place at $1.25 billion.

This Series B equity financing round features participation from new investors including HSBC, Morgan Stanley Investment Management, and Lazard Asset Management. These investors will join existing Series A investors including Israel Corp., VantagePoint Venture Partners, Ofer Hi-Tech Holdings, Morgan Stanley Principal Investments, Maniv Energy Capital, and Israel Cleantech Ventures, among others, as shareholders of Better Place. For HSBC, which led the round with an investment of $125 million, the deal represents one of the largest financial investments of its kind by HSBC.

As part of the deal, Kevin Adeson, HSBC Head of Global Capital Financing, will join the Better Place Board of Directors, and HSBC will own approximately 10% of the company’s shares. (more…)


Train in Vain: Epilogue on High-Speed Rail Series

Thursday, October 15th, 2009

highspeedrailtaiwanApril 16, 2009 was the high-water mark for high-speed rail in the United States. The leader of the free world stepped up to the podium and delivered the pitch. It was for a system of high-speed trains that would give citizens an affordable, fast and comfortable intercity travel option.

President Obama’s speech hit all the right notes. It outlined the need for high-speed rail, pointed out examples of international success and expressed the shortcomings of America’s infrastructure. The press corps covering the event seemed genuinely inspired, laughing at the president’s jokes and engaging him actively. (more…)


Northern New England Corridor: Big Lessons from the Big Dig

Monday, October 12th, 2009

bigdignantaskartNew England has some hard learned lessons for the rest of the country when it comes to infrastructure. Boston is home to the nation’s biggest highway project, the Central Artery/Tunnel Project (a.k.a. “the Big Dig”).

The Big Dig has become synonymous with corruption, cost overruns, delays, shoddy workmanship and waste. It is a model for what not to do when building national infrastructure. High speed rail planners should review it step-by step and formulate a plan that is an exact opposite of the Big Dig.

Why was the Big Dig such a calamity? Many reasons can be singled out, but the primary one is that it’s the way we Americans do business: contract the work to the private sector that seeks maximum profit while giving minimum return. (more…)


Stimulus Transportation Spending Lags Predictions

Monday, October 5th, 2009

recoverysnailArticle by Michael Grabell appearing courtesy of ProPublica.

Stimulus money for transportation projects is being spent far more slowly than expected.

When the economic stimulus act passed in February, the nonpartisan Congressional Budget Office estimated that the U.S. Department of Transportation would spend about $5 billion by the end of the fiscal year, which was Wednesday.

But Transportation Secretary Ray LaHood said Thursday that only $3.4 billion has been spent so far – about a third less than forecast. Rep. John Mica, the top Republican on the House transportation committee, said the spending rate was disappointing, noting that unemployment figures released today were expected to hit 9.8 percent.

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Transmission Upgrades in LA Take Five Years…

Thursday, June 11th, 2009

Transmission Lines…to build? NO! To permit!

This report from SoCal on Newshour last night (http://www.pbs.org/newshour/bb/science/jan-june09/grid_06-09.html) is worth a look.

I deal with public opposition to transmission upgrades and build outs a lot in my professional life, and this piece focuses on how the difficulties in siting lines are now posing problems to deployment of renewables located remotely.


Green infrastructure: Sewage, sewage, go away

Monday, April 27th, 2009

Courtesy City of Bloomington, IndianaYou know the song: “Rain, rain, go away/Come again some other day.”

Heavy rain in places with older sewer systems (Michigan and elsewhere), often results in combined sewage overflows. But it doesn’t have to be that way. And the solution doesn’t have to cost billions of dollars.

First off, combined sewage systems are problematic because they take in sanitary sewage (toilet) in the same pipes as stormwater runoff (manhole). When it rains, water that runs off of impervious surfaces like rooftops and parking lots can overwhelm combined systems.

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