Brown defends high-speed rail plan

- Gov. Jerry Brown told a Los Angeles TV station today that the state's proposed high speed rail system will cost much less than $100 billion, and will partly be funded by new taxes on major air pollution emitters. Daily News,

The governor told ABC 7's "Eyewitness Newsmakers" program that environmental impact fees paid by industries that emit large amounts of greenhouse gas will help fund the big train project. California has a "cap and trade" law that will collect fees if businesses do not reduce emissions, the governor said.