Showing posts with label bond. Show all posts
Showing posts with label bond. Show all posts

Thursday, November 6, 2008

High Speed Rail in California


Saw this article on Wired about the approval of bonds for construction of a high speed rail line in California.

Before the final ballots had even been tallied, high-speed rail advocates in California were getting down to work, laying the foundation for a bullet train that will link San Francisco and Los Angeles as early as 2020.

Voters on Tuesday approved the Safe, Reliable High-Speed Passenger Train Bond Act, more commonly known as Proposition 1A, by a margin of 52 percent to 47 percent. The law authorizes the Legislature to issue almost $10 billion in bonds to fund the first phase of an 800-mile high speed rail link between Northern and Southern California. Advocates of high-speed rail hailed the victory as a watershed for high-speed rail in America.

It begins almost immediately. Quentin Kopp, chair of the California High-Speed Rail Authority, told Wired.com the agency will deliver a revised business plan by the end of this week and then begin a comprehensive engineering plan. "We're going to need to do things like dig tunnels through mountains and navigate the Pacheco Pass," he explains. "This is intricate engineering, and it's a crucial part of the project."

Kopp says that the state will also spend $3 to $4 billion this fiscal year buying right-of-way land for the project.

The Authority plans a network that will stretch from Sacramento to San Francisco and on to Los Angeles and San Diego via Fresno, Bakersfield, and other cities in the Central Valley. Trains would use the same wheel-on-rail technology found in France, Spain, Korea and China and reach speeds of more than 200 mph.

Proponents say the project is essential for a state choking on jammed highways and crowded airports, and predict that a well-planned north-south rail link could draw over 115 million riders a year by 2030. Gov. Schwarzenegger, one of the initiative's biggest advocates, argued high-speed rail will not only solve California's infamous gridlock, it will give the Golden State an economic competitive advantage.

The Los Angeles Times endorsed the measure, heralding it as the dawn of a more transit-friendly environment. "We think voters should give in to the measure's gleaming promise, because it's in their long-term interest," the paper wrote. The San Francisco Chronicle also got on board, calling Prop 1A "an ambitious vision that is well-tailored to the state's transportation and environmental needs." [WIRED]

Monday, October 27, 2008

$79M of Product Placement in New 007 Film


It seems 007 now has more than a license to kill; he has a license to sell, and a very lucrative one. Quantum of Solace, the 22nd "official" outing of Britain's best known secret agent, released this week, has reportedly earned a record £50 million from manufacturers for "product placement", as these subtle, and sometimes not so subtle, adverts are known. It tops the previous record of £44 million for Die Another Day, a film so laden with plugs for 20 products that it sometimes resembled a big-budget Argos advert and was retitled by critics "Buy Another Day".

For the author of the original novels was ahead of the game when it came to product placement, or, as he viewed it, luxury products that helped characterise the type of man about which he was writing. The James Bond of the printed page wears a Rolex Oyster, drives a Bentley 1933 Continental, collects his suits from Savile Row and pours Gordon's Gin, Smirnoff vodka and Tattinger Blanc de Blanc 1943.

Daniel Craig's revamped Bond, however, will drive a customised Aston Martin, wear his Omega watch and possibly sip from a bottle of Coca-Cola Zero, the soft drinks giant's latest beverage. His laptop and mobile phone will be Sony while his latest love interest will drive him around Panama in a Ford Ka.

There is even a Bond Girl perfume, being launched by Avon, the mail order beauty firm. It is being fronted by Gemma Arterton, who plays Agent Fields. As Ms Barrett recently wrote: "It's not the smoothest or cleverest of tie-ups, but we should expect more women-targeted brands to get on board."
[The Scotsman via FilmDrunk & Filmonic]

Links:
First Clip of Quantum of Solace
007: Quantum of Solace Trailer

Wednesday, October 15, 2008

First Clip of Quantum of Solace

Here's a new clip from the new James Bond film Quantum of Solace, starring Daniel Craig set to be released November 14th.
[via MSN]

Links:
Another Way to Die Video
007: Quantum of Solace Trailer