John Hennessy III,
P.E.
BIPARTISAN POLICY CENTER
We have an extraordinary opportunity in America — to confront the pressure being placed on our nation’s roads, water systems, ports, airports, and energy grid with available private capital. This report establishes the framework to unite projects that need funding with private capital ready to invest in a transparent system that allocates risks and resources to the public’s benefit.
DOWNSTREAM STRATEGIES
SAN JOSE STATE UNIVERSITY
This report focuses on the extraction of natural gas from the Marcellus Shale in Pennsylvania and West Virginia. While conventional gas production has been conducted here for decades, unconventional wells that utilize advances in horizontal drilling have grown considerably more common in the past decade. Nearly nine thousand horizontal Marcellus Shale natural gas wells have been permitted in these two states from 2005 to 2012, and more than eleven thousand such wells will likely be permitted by the end of 2013.
BIPARTISAN POLICY CENTER
Natural gas is one of America’s most important energy resources. Comparatively clean burning and less carbon intensive than oil or coal, it is used as a fuel in a wide variety of applications throughout the economy. Rapid technological advancements in horizontal drilling and hydraulic fracturing have unlocked a large volume of gas resources in North American shale gas formations.
BIPARTISAN POLICY CENTER Executive Summary As the United States struggles to emerge from a historic recession, energy has emerged as both a bright spot and a source of ongoing challenges for the nation’s long-term prosperity and security. On the one hand, when adjusted for economic growth and inflation, the United States has cut its energy […]
View this complete post...Innovation NewsBriefsVol. 23, No. 24 “There is no appetite in Congress to increase the gas tax and stakeholders will have little influence to change the congressional minds.” This was one of several sober— and sobering— conclusions reached by a panel of experts at a recent meeting convened by the Bipartisan Policy Center and the Eno […]
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BIPARTISAN POLICY CENTER
In the long term, the programmatic framework proposed in this report allows for the achievement of wiser investments. It offers a sound strategy for securing broad public support for policies and resource commitments that will allow the U.S. to continue to achieve high standards of living and remain competitive in a highly mobile, global economy. It provides a way to make substantial investment and tangible improvement to the vital transportation systems on which our nation depends.
BIPARTISAN POLICY CENTER
Rising sea levels, greater weather variability, and more extreme weather events like hurricanes, permafrost thawing, and melting Arctic sea ice are just some of the important changes that will impact transportation networks and infrastructure. Coastal areas are particularly vulnerable. A large portion of the nation’s transportation infrastructure is in coastal zones: nearly half of the U.S. population lives within fifty miles of the coast, and many roads, rail lines, and airports were built at or near water’s edge to take advantage of available right-of-way and land. Increasingly intense storm activity and surges, exacerbated by rising sea levels, are putting an ever-increasing range of this coastal infrastructure at risk…
BIPARTISAN POLICY CENTER
“The federal surface transportation program expires this September. In years past, it’s reauthorization would largely be a battle over federal gas tax revenue allocation between the states. But we face much more daunting challenges today, as our transportation systems fall increasingly into disrepair, dragging our economy down as their performance degrades…”
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