An investor group hoping to build a high-speed train capable of cutting the travel time between Baltimore and Washington to 15 minutes says in a filing to state regulators that it has lined up more than $5 billion in financial backing. The commitment is from the Japanese government, which hopes to showcase the technology behind superconducting magnetic levitation or “maglev” trains to an American audience […] — Washington Post
The article notes that the maglev train has detractors, many of whom complain at the cost, which is far higher than other high-speed rails like those currently being built in California. For more information on the California project, check out the Atlantic's coverage here.
Meanwhile, Joanna Symons of the Telegraph rode around Japan to commemorate the 50 year anniversary of the bullet train.
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