Cap and Trade for HSR: Scientifically Worthless
Cap and Trade for HSR: Scientifically Worthless 04/19/14 Filed in: High-Speed Rail TRANSDEF released its analysis today of the CHSRA’s Contribution of the High-Speed Rail Program to Reducing California’s Greenhouse Gas Emission Levels (June 2013). In short, the construction of HSR would generate more greenhouse gases (GHGs) than it would reduce, for at least 2 decades. Because of this, it would be illegal to use cap and trade funds, which are intended to reduce GHGs, to build HSR. What’s especially surprising about the CHSRA’s report is its overtly deceitful manner of hiding its construction emissions, and its failure to provide comprehensive emissions numbers, despite being tasked by the Legislature with identifying the project’s net GHG…