From vtdigger.org via California Rail News
A recent state Transportation Agency report says a commuter rail service out of Burlington would cost up to $360 million, but one of the state’s energy magnates says he will prove he can do it for far less.
David Blittersdorf, founder of AllEarth Renewables, has already spent roughly $5 million to purchase a dozen train cars for the transit system he envisions, which he said many Vermonters may be able to ride with no fare…
The routes the rail line would follow haven’t been pinned down yet, Blittersdorf said, but one of them is likely between Burlington and Rutland (Vermont).
Mr. Blitterdorf isn’t planning to make money running trains. He plans to make money from development around the stations. Gee! That is what people did a hundred years ago!