Posts Tagged “public transportation”

China makes its own magnetic train

Originally published on BangNext.com Beijing: A Chinese locomotive company has rolled out the country’s first home-made magnetically levitated (maglev) train that creates less pollution than the conventional ones and ideal for transport in the urban and ecologically fragile tourist areas. The low-cost three-carriage train is designed to run at a maximum speed of 100 km […]

Cap-and-trade program could provide funds for high-speed rail

Originally published on Fresnobee.com By Tim Sheehan A new financing strategy is a centerpiece of a revised business plan that state leaders will unveil Monday in Fresno for the proposed high-speed train system. Rather than rely on uncertain future federal transportation funds, money from the auction of air-pollution credits — the state’s “cap-and-trade” program — […]