John Hennessy III,
P.E.
CERES
Institutional investors, and the corporations they invest in, are playing a growing role in financing the clean energy infrastructure needed to meet international climate goals. These investors and companies must support policymakers who seek an international agreement that will provide clearer market signals and greater certainty for needed clean energy investments.
The American Council of Engineering Companies (ACEC) is the voice of America’s engineering industry. David A. Raymond has been President of ACEC for the past 16 years, joining the Council in March 1999.
“Americans are very resilient people; they put up with a lot, their country is becoming more of a third-world country, and it’s very unfortunate and I hate to say, the only time Americans are really going to wake up to this is when stuff absolutely disappears…So we need leaders who can point to the areas where we need to make much greater progress and we don’t have those leaders. We need a public that is much better educated about infrastructure and other areas, and we don’t have that.”
View this complete post...In June 2015, 73 chief executives, mayors, governors, university presidents, economists, and thought leaders from across the political spectrum gathered at Harvard Business School to work on a question of deep and growing concern in the United States: How can our nation continue to grow while also providing a path to prosperity for more Americans? This briefing shares the highlights of the group’s deliberations.
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OREGON DEPARTMENT OF TRANSPORTATION
ODOT’s 2015 Bridge Condition Report summarizes bridge condition ratings on state highways and performance measures based on National Bridge Inventory and ODOT data. As a consistent reference point for evaluation, ODOT uses the bridge conditions snapshot provided annually to the Federal Highway Administration. Data from the April 2015 submittal is the basis of this report.
Air pollution has a variety of contributors from stationary sources, like factories and power plants, to natural sources, like forest fires and dust storms. Air pollution has been shown to have a direct link with health. Those living in areas with high levels of air pollutants have a 20% higher risk of death from lung cancer. It can also cause respiratory inflammation, asthma, and ear infections.
View this complete post...COMMON GOOD
No one argues for leaving our nation’s infrastructure in its current state of disrepair—typically 50- to 100-years-old and dangerously decrepit. Law is supposed to be the framework for a free society, not an impediment. To rebuild its infrastructure, America must first rebuild its legal infrastructure so that vital projects can move forward.
AMERICAN ROAD & TRANSPORTATION BUILDERS ASSOCIATION (ARTBA)
This report examines how investments in the United States’ transportation infrastructure stimulate business activity and government revenues throughout the nation…The results spotlight the unique and synergistic nature of transportation capital investments—how they trigger immediate economic activity that creates and sustains jobs and tax revenues, yet yield long-lived capital assets that facilitate economic activity for many decades to come by providing access to jobs, services, materials and markets.
You might be surprised to learn that Ronald Reagan, conservative tax-cutter, was an adamant supporter of investment in infrastructure maintenance.
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MCGRAW HILL FINANCIAL
GLOBAL INSTITUTE
We review recent trends in federal infrastructure spending and the policy case for dynamic scoring of revenue and spending legislation. The use of dynamic scoring depends upon the magnitudes of near‐term impacts on economy‐wide spending and the long‐run impacts on productivity. We conclude that federal infrastructure investment should be dynamically scored…A simple example suggests that $100 billion in new infrastructure spending could generate an extra $62.5 to $165.5 billion in national output over the next twenty years, based on a range of scenarios. Assuming a 20 percent effective tax rate, this $100 billion infrastructure investment would generate a 20‐year revenue offset ranging from $12.5 to $33.1 billion.
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