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Transportation keeps the global economy moving. Any operational disruptions have wider consequences for society, making the management of the associated risks a priority that should transcend industry boundaries
View this complete post...John Hennessy III,
P.E.
Transportation keeps the global economy moving. Any operational disruptions have wider consequences for society, making the management of the associated risks a priority that should transcend industry boundaries
View this complete post...Over the course of a year, Siemens collaborated closely with the San Francisco Department of Environment (SFE) and nine other agencies to conduct an analysis of the City’s infrastructure, defined as its entire built environment and transport system. The team used the CyPT model to test technology pathways for achieving San Francisco’s “80×50” target (reducing CO₂eq emissions 80% by 2050 against a 1990 baseline) within the context of the local 0-50-100-Roots framework, as well as the State of California’s policy leadership.
View this complete post...After years of underinvestment, infrastructure is having a moment in the policy discussion. Across North America, policy-makers are moving toward using public sector infrastructure investment as a strategy for promoting economic growth, while private infrastructure developers are seeking projects that yield healthy investment returns – returns that are harder to find over the long-term while low growth rates remain the dominant macro-narrative. This focus on infrastructure investment’s potential benefits is laudable, reflecting the advice of top economists and the emerging limits of other policy tools. Such investment, if well-targeted and well-executed, can be a path to achieve near-term economic policy objectives while dramatically improving the foundation for long-term economic prosperity.
View this complete post...Trucking web site Fleet Owner recently released a series of infographics covering a variety of issues that affect our nation’s truckers, from road conditions to fuel costs.
View this complete post...This factsheet outlines key insights that will help policy and market makers understand how to meet investor expectations and expand the infrastructure market.
View this complete post...Thom talks to caller Bob about the fact that we should all be upset by our national need to invest in infrastructure.
View this complete post...WORLD ECONOMIC FORUM
The Engineering & Construction (E&C) industry strongly affects the economy, the environment and society as a whole. It touches the daily lives of everyone, as quality of life is heavily influenced by the built environment surrounding people. The construction industry serves almost all other industries, as all economic value creation occurs within or by means of buildings or other “constructed assets”. As an industry, moreover, it accounts for 6% of global GDP. It is also the largest global consumer of raw materials, and constructed objects account for 25-40% of the world’s total carbon emissions.
The American Society of Civil Engineers’ “Failure to Act: Closing the Infrastructure Investment Gap for America’s Economic Future” economic study finds that our nation’s inadequate infrastructure is costing your family $3,400 a year. Watch the video to learn more about how underinvesting in infrastructure comes at a high cost.
View this complete post...PWC
OXFORD ECONOMICS
Oxford Economics estimates that if conditions stay as they are – what we are calling the baseline projection – capital project and infrastructure spending growth will likely remain low, hovering at about 2%, over the coming year, before inching up in 2017 and reaching about 5% in 2020. The improvement would be driven mainly by higher oil. However, even at 5% growth, infrastructure spending growth would be well below its double-digit levels before the global financial crisis.
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