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The report into the viability of HS2 is a "cheerleading whitewash" and only heard from "people who support" the London to Birmingham rail link, according to activists.
Campaign manager for the Stop HS2 group Joe Rukin said:
HS2 will deliver "the step change in capacity" needed to support growing demand from both passengers and freight, according to the head of the transport committee.
Chairwoman Louise Ellman said if taxpayers were to reap the full benefits of HS2, it was "vital" links were improved between regular and high-speed rail networks.
One bone of contention for anti-HS2 campaigners has been the cost of the project, with the Taxpayers' Alliance dubbing the project a "white elephant".
In June the transport secretary told the commons HS2 would go £10bn over the original budget of £33bn to cover "contingency costs".
- The projected cost of the whole projects is now £42.6bn
- A total of £7.5bn needed for the purchase of high-speed trains.
- £14.56bn of the overall cost will be set aside for contingency costs.
A group of MPs are "convinced" the controversial HS2 link between London and the north is "justified" and urged the Government to consider building the second and first phases together.
Abandoning the project "significantly outweigh the risks" of building it, as the high-speed rail link is "essential for the UK", according to the transport committee.
Phase one, from London to Birmingham via the Chilterns, is due for completion in 2026, with a second Y-shaped section from Birmingham to north-west and north-east England due to be finished in 2032/33.
In its report, the committee said: "Many important local issues will be debated and resolved by the (HS2) hybrid bill committee and there will be detailed debates about many aspects of the project.
"However, we are convinced that it is essential for the UK for HS2 to go ahead, and to do so as a project which has the backing of all three major political parties."