Illustration: Allie Carl / Axios

The Biden administration announced Friday the largest federal investment in passenger trains in decades, with $8.2 billion in new funding for high-speed rail and other projects nationwide.

Why it matters: Rail travel is considered a relatively clean way to get lots of people from point A to B, especially compared with aviation — but the U.S. rail network is sorely lagging behind that of peer nations in Europe and Asia.

Driving the news: The big highlight is two multibillion-dollar packages for planned high-speed rail projects.

  • One would connect Las Vegas, Nevada, and Rancho Cucamonga, California (just east of Los Angeles) using electrified trains.
  • It’s expected to carry more than 11 million passengers annually, the White House said, with roughly two-hour trips — half the typical drive time.
  • It’s being built by Brightline, a private train operator that’s been expanding across Florida and is now setting its eyes westward.

The other package would provide for high-speed rail travel between Bakersfield and Merced, California.

  • The new all-electric trains “will produce zero emissions […]
Read the Full Article