California caps and trades $374 million for rail
As California’s Cap and Trade program of greenhouse gas emissions advances, rail projects receive development grants: On August 16, the California State Transportation Agency (CalSTA) announced 14 recipients for the 2016 Transit and Intercity Capital Program (TIRCP) grants. Of the $390 million available in competitive grants through the state’s Cap and Trade auction proceeds, nearly $374 million goes to rail projects.