John Hennessy III,
P.E.
PricewaterhouseCoopers (PwC)
By 2025, annual investment in infrastructure across our sectors in the US should top $1trn, having grown by an average of just over 3.5% a year. But the US will likely have been long since left behind by China, where we expect annual spending will reach over three times this level. We estimate that the US’s share of global spending will likely decline gradually over the coming decade to just over a tenth of total global spending by 2025.
PricewaterhouseCoopers (PwC)
Infrastructure spending has begun to rebound from the global financial crisis and is expected to grow significantly over the coming decade. That is the main finding of Capital project and infrastructure spending: Outlook to 2025, our in-depth analysis of 49 countries that account for 90% of global economic output. Worldwide, infrastructure spending will grow from $4 trillion per year in 2012 to more than $9 trillion per year by 2025. Overall, close to $78 trillion is expected to be spent globally between 2014 and 2025. But the recovery will be uneven, with infrastructure spending in Western Europe not reaching pre-crisis levels until at least 2018. Meanwhile, emerging markets, unburdened by austerity or ailing banks, will see accelerated growth in infrastructure spending, especially China and other countries in Asia.
EXECUTIVE OFFICE OF THE PRESIDENT OF THE UNITED STATES
The All-of-the-Above energy strategy has three key elements: to support economic growth and job creation, to enhance energy security, and to deploy low-carbon energy technologies and lay the foundation for a clean energy future. This report lays out these three elements of the All-of-the-Above energy strategy, and takes stock of the progress that has been made to date and the work that remains to be done.
The U.S. receives an enormous return on infrastructure investments. Maintaining the status quo is not acceptable. America’s infrastructure underpins the U.S. economy. It is the thread that knits our great nation together. To compete in the global economy and raise our standard of living, we must renew and update America’s aging public infrastructure. Time is running out.
View this complete post...
HUDSON VALLEY PATTERN FOR PROGRESS
In the past few months, the tragic gas explosion in Harlem and Vice President Biden’s description of LaGuardia Airport as a “third world airport” made national news. In the Hudson Valley, the massive rebuilding of the Tappan Zee Bridge and a proposed $153 million private desalination plant have made headlines. The common topic: Infrastructure. Today, the world demands solid and dependable underpinnings to the activities of daily life. Infrastructure means livelihoods—think of the 14.2 million workers employed nationally in the sector (Brookings, 2014). It means survival, especially in terms of critical resources such as water and roads. And it means a set of unprecedented challenges, at all levels.
Robert Puentes is a senior fellow with the Brookings Institution’s Metropolitan Policy Program where he also directs the program’s Metropolitan Infrastructure Initiative. The Initiative was established to address the pressing transportation and infrastructure challenges facing cities and suburbs in the United States and abroad.
“There’s no doubt that the paralysis in Washington is real and pervasive. I think we overemphasize, though, the federal role in a lot of this…I think, in fact, the federal paralysis is making states, cities, metropolitan areas experiment with a whole host of different things in order to get projects done.”
View this complete post...
NEW YORK BUILDING CONGRESS
The recent discussion about the future of Penn Station offered a unique opportunity to focus public attention on the rail system’s crucial importance to the economy and the mobility of the City, particularly on the emerging Far West Side of Manhattan. Unfortunately, this conversation failed to address the single most important problem the City faces around Penn Station: New York City’s rail connections to New Jersey and points north and west have remained essentially unchanged for more than a century.
UNITED STATES GOVERNMENT ACCOUNTABILITY OFFICE
According to the United States Global Change Research Program, the costs and impacts of weather disasters resulting from floods, drought, and other events are expected to increase in significance as previously “rare” events become more common and intense. These impacts pose financial risks to the federal government. While it is not possible to link any individual weather event to climate change, these events provide insight into the potential climate-related vulnerabilities the United States faces.
TRANSPORTATION RESEARCH BOARD
The United States depends on transportation to compete globally and to help revive a sluggish domestic economy. Individuals depend on transportation not only to get to work but to shop, socialize, and access health care, among other goals (1). For all of its benefits to the nation and individuals, however, transportation imposes large costs—lost time in traffic congestion, deaths and injuries from crashes, demand for imported petroleum, and the release of greenhouse gas emissions and other forms of pollution.
INFRA STORIES YOU SHOULDN’T MISS!
More Poor Commuters Choose Cycling
Taxing Corporate Buses
California Leads in Driver Safety
Ford Rethinking the Role of Cars
Philadelphia Web Developer Hopes to Help Commuters
    |
Follow InfrastructureUSA
Video, stills and tales. Share images of the Infra in your community that demands attention. Post your ideas about national Infra issues. Go ahead. Show Us Your Infra! Upload and instantly share your message.
Is the administration moving fast enough on Infra issues? Are Americans prepared to pay more taxes for repairs? Should job creation be the guiding determination? Vote now!
What do the experts think? This is where the nation's public policy organizations, trade associations and think tanks weigh in with analysis on Infra issues. Tell them what you think. Ask questions. Share a different view.
The Infra Blog offers cutting edge perspective on a broad spectrum of Infra topics. Frequent updates and provocative posts highlight hot button topics -- essential ingredients of a national Infra dialogue.
It is encouraging to finally see clear signs of federal action to support a comprehensive US infrastructure investment plan.
Now more than ever, our advocacy is needed to keep stakeholders informed and connected, and to hold politicians to their promises to finally fix our nation’s ailing infrastructure.
We have already engaged nearly 280,000 users, and hoping to add many more as interest continues to grow.
We require your support in order to rise to this occasion, to make the most of this opportunity. Please consider making a tax-deductible donation to InfrastructureUSA.org.
Steve Anderson
Managing Director
SteveAnderson@InfrastructureUSA.org
917-940-7125
RSS Feed
© InfrastructureUSA | Terms of Use | Site developed by Andigo New Media
InfrastructureUSA.org is a nonprofit project fiscally sponsored by FJC, a Foundation of Philanthropic Funds.