That is very little real-world improvement for a total expenditure of $8.1 billion. Cox’s report goes into some of the reasons why.
First, true high-speed rail —of the kind we see in Europe, Japan, and China — is hugely expensive. It requires an all-new HSR-only right of way, with much gentler curves and complete separation from any highway grade crossings. This often means extensive tunneling and elevated construction.
The cost per mile of the planned 520-mile California high-speed rail system, assuming it could actually be built for the current estimate of $80 billion, is $154 million per mile. And Amtrak’s own estimates for replacing its existing Northeast Corridor with true high-speed rail work out to over $500 million per mile.
Second, nearly all overseas high-speed rail lines that have achieved high ridership attracted it mostly from previous rail passengers who upgraded from conventional passenger rail. Except for Amtrak’s Northeast Corridor, we have no such large-volume passenger rail between U.S. cities. In all its other intercity corridors, Amtrak at most handles a few percent of all intercity passenger trips, with nearly all going by car, bus, or plane. So upgrading existing Amtrak lines from 79 miles per hour top speeds to 110 mph—even if it attracted a few more passengers—would have very little effect on actual travel in those corridors
One of the key themes of the Biden administration may be trying to reduce CO2 emissions and, during the campaign, passenger rail was presented as if it can make a significant contribution to that goal. What is left out of this vision is that, except for the Northeast Corridor, all Amtrak trains are, and will continue to be, powered by diesel locomotives. That is hardly a green alternative. In fact, a decade ago, the Union of Concerned Scientists compared the CO2 emissions of intercity trips by individuals or families using bus, train, car, SUV, and plane. For a family of four, Amtrak turned out to have the highest CO2 emissions per trip, while the intercity bus had the lowest. For a lone individual, riding the bus still beat the train, but the train was better than the car, SUV, or plane.
These findings suggest that policymakers should take a very hard look at any proposal that resembles the 2009 High-Speed Intercity Passenger Rail program. That program spent many billions of taxpayer dollars with little real value as a result.