High Speed Rail in America: An Evaluation of the Regulatory, Real Property, and Environmental Obstacles a Project Will Encounter

Abstract:     
In 2009, President Barak Obama allocated $8 billion in stimulus funding for high speed rail projects across the United States. One year later, in 2010, an additional $2.5 billion was distributed to corridors with High Speed Rail Projects. Even though the most recent congressional budget eliminated high speed rail funding, many corridors are working diligently to break ground by the end of 2012. Before a high speed rail project can be fully implemented there are many legal and environmental issues and regulations to examine. This paper conducts a complete analysis of those issues and regulations and suggests how to apply them to a successful high speed rail project.

Number of Pages in PDF File: 40

Keywords: Railroad, Rail, Train, High Speed Rail, Maglev

JEL Classification: K23, K32, K11, K20, L62, L92, L91, O38

Accepted Paper Series