Bullet train ridership projections down in latest plan


From the SD Tribune:

The new business plan for building California’s $98 billion high-speed rail project estimates that between 23 million and 34 million passengers will use the system by the time bullet trains traverse the state two decades from now.

If those numbers fail to pan out, taxpayers could be on the hook for hundreds of millions of dollars a year in operating expenses.

Getting the number right is crucial to avoid public subsidies in the future, but predicting ridership is complicated and in some ways a guessing game. It relies on unknowns such as future gas prices and airline taxes, population growth, traffic patterns and even technology that has yet to be invented.

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