09 Feb '12, 7pm

Florida missed out on $41 million a year by turning down high-speed rail

When Florida Gov. Rick Scott turned down $2 billion in federal money to build a high speed rail line between Tampa and Orlando, one of his arguments was that it would be a burden on the state. But documents obtained by the Tampa Tribune indicate that independent consultants found the system would be turning a profit of $35 to $41 million a year by its 10th year of operation. Those same documents were delivered to Scott, who rejected the project anyway. Scott’s decision at the time apparently rested on a Reason Foundation brief arguing that the line would have to be subsidized long term. Of course that wasn’t exactly an unbiased report — the Reason Foundation is a libertarian think tank.

Full article: http://grist.org/list/florida-missed-out-on-41-million-a-...

Tweets

How two average Joes created NYC’s High Line, a public park built atop an abandoned, elevated rail line:

How two average Joes created NYC’s High Line, a...

grist.org 08 Feb '12, 6pm

Robert Hammond. (Photo by Annie Schlechter.) Excerpted from a longer interview in The Dirt . Robert Hammond is co-founder ...

Fabulous Florida: Florida has seemingly endless possibilities with its gentle climate, booming business opportu...

Fabulous Florida: Florida has seemingly endless...

dupontregistry.com 06 Feb '12, 6pm

Florida has seemingly endless possibilities with its gentle climate, booming business opportunities, major attractions, an...