John Hennessy III,
P.E.
In cities that are building protected bike lane networks, cycling is increasing and the risk of injury or death is decreasing. Pairing appropriately-scaled bike share with protected bike lanes increases ridership and is essential to equity and mobility efforts.
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Financing the various rail infrastructure projects will be challenging. Congress has not funded the Federal Railroad Administration’s (FRA) High-Speed Intercity Passenger Rail program—a program used to fund passenger rail projects—since fiscal year 2010 and appropriations to Amtrak have remained relatively steady at about $1.4 billion over the last 5 years. One potential source of funding is FRA’s Railroad Rehabilitation and Improvement Financing (RRIF) program, which is a $35 billion loan and loan guarantee program to finance, among other things, freight and passenger rail facilities. Since program inception in 1998 about $2.7 billion in loans have been executed, and no loan guarantees have been made.
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In 2014, DeFazio was elected to the powerful position of Ranking Member on the House Transportation & Infrastructure Committee, which has jurisdiction over the Coast Guard, highways and transit, water resources, railroads, aviation, and economic development.
“[Citizens] need to speak up, speak out. They need to contact their members of congress, their senators. They need to particularly weigh in in an election year and, go to a debate, or ask them a question as publicly as you can, ‘what are you going to do to fix Americas infrastructure?'”
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Written by Mary Scott Nabers
President and CEO, Strategic Partnerships Inc.
Public pension funds represent about 18 percent of American-based institutional investment in infrastructure. And, at the end of the first quarter of this year, the number of public pension funds investing in unlisted infrastructure funds rose 12 percent from last year and 76 percent from five years ago.
Infrastructure is the foundation that makes everything in the U.S. economy possible. Infrastructure is also essential to our national competitiveness. When done right, infrastructure investments produce broad-based prosperity for American businesses and workers, facilitating social mobility and enabling access to opportunities, people, and ideas.
View this complete post...NATIONAL ASSOCIATION OF CITY TRANSPORTATION OFFICIALS (NACTO)
Positioning new mobility services to provide access and mobility to all, and to buttress rather than undermine the successful transit lines at the heart of our cities, is vital to realizing the value of fully automated vehicles for mobility. At the same time, policy at every level of government should address head-on the destructive potential for increased traffic, emissions from additional driving, and on-street congestion that could easily result from automated vehicle technology.
Thom talks to caller Bob about the fact that we should all be upset by our national need to invest in infrastructure.
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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.
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TRANSPORTATION FOR AMERICA
Cities and regions around the country face important choices about how and where they want to grow, how to connect people to economic prosperity and how to use limited resources to promote healthy communities and provide a great quality of life for all of their residents.
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