President Joe Biden talks a lot about trains, but his actions since taking office have consistently punished the private companies we should value far more than state-supported Amtrak.
American federalism is struggling. Federal rules are an overwhelming presence in every state government, and some states, due to their size or other leverage, can impose their own policies on much or all of the country.
It's also fairly clean, accounting for less than 1% of total U.S. emissions. Private companies, like Union Pacific in the West or CSX in the East, pay for their infrastructure and equipment. These facts haven't stopped the regulatory power grab. The kicker is that no technology exists today to enable railroads to comply with California's diktat, rendering the whole exercise fanciful at best.
The cost-benefit analysis is woefully unfavorable to the forced displacement of diesel locomotives. To "help" the transition, beginning in 2026, CARB will force all railroads operating in California to deposit dollars into an escrow account managed by the state and frozen for the explicit pursuit of the green agenda.
Its expensive machines, which last between 30 to 50 years and are retrofitted throughout their life cycles, are about 75% more efficient than long-haul trucks that carry a comparative amount of freight.
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