In past years, lawmakers earmarked 60 percent of cap-and-trade money to the voter-approved high-speed rail, housing near transportation hubs, inner-city rail and low-carbon transit.
The $1.4 billion is the remainder we’re talking about.
Sen. Bob Wieckowski, D-Fremont, who chairs the budget subcommittee, wants to aim high by using some of the money to electrify commuter rail, a worthy effort in the fight against climate change.
“The investment needs to have a big impact,” Wieckowski told an editorial board member. He’s right. Alas, some legislators have lesser ideas.