Infrastructure in the News: September 10, 2010
American City and County published an essay suggesting right ways to invest in infrastructure and NPR reported that Transportation Secretary Ray LaHood said new trains should be US made. More in this Infrastructure in the News.
TNR: Everything You Wanted to Know About National Infrastructure Banks But Were Afraid to Ask
President Obama’s new plan to create an infrastructure bank didn’t get a lot of attention this week. And a lot of the attention it did get was from Republicans dismissing it as wasteful spending. That’s too bad. The Europeans already have a similar institution, called the European Investment Bank (EIB), and it’s been highly successful.
American City and County: Essay suggests 'right way' to invest in infrastructure
President Obama has proposed more infrastructure spending as a way to stimulate the economy, a move many economists say is one of the most effective ways to use government spending to promote economic activity, according to an essay from New York-based McKinsey & Co.'s McKinsey Quarterly publication. However, infrastructure spending is often implemented through short-term initiatives, whereas a more sustainable approach is needed, according to McKinsey Quarterly's "The right way to invest in infrastructure."
NPR: Little Progress Seen Improving Nation's Infrastructure
Melissa Block speaks with Blaine Leonard, president of the American Society of Civil Engineers, about the state of our nation's infrastructure. The ASCE issues infrastructure report cards. In its most recent -- in 2009 -- it gave the nation's infrastructure a D.
Seattle Times: New Trains Should be US Made, Says LaHood on Visit to Seattle
In the wake of the Great Recession, the trains that are ridden in the U.S. should be built in the U.S., federal Transportation Secretary Ray LaHood said.
AJC: Transit Patchwork Under Fire in Georgia
The Legislature may have started demolition Wednesday on MARTA as it has existed for 40 years.
Mesa, Arizona Mayor John Giles explains why infrastructure investment is important in his community.
According to a University of California, Berkeley study power outages account for roughly $80 billion annually in total losses to communities across the U.S. Based on that calculation, the Electric Power Board (EPB) of Chattanooga estimates that community losses in its service area are roughly $105 million annually. However, due to its SmartGrid Chattanooga has achieved outage reductions of 60%, saving the community $50 million or more each year in lost productivity, lost product, and lost sales.