Tag Archives: Infrastructure

Living Up to the Potential of Clean Transportation

17 Apr

Transportation accounts for a sizable share of our carbon output. In 2006 almost a third of U.S. greenhouse gas emissions came from the movement of goods and people. As we continue to tackle the task of curbing emissions from this unwieldy and varied sector of the economy, local governments and policymakers are devising techniques to integrate clean transportation investment into larger sustainability and economic development goals. Everyone seems to agree that we need to invest in improved (and more sustainable) transportation infrastructure, but a coherent transportation investment strategy that serves as a driver for economic development still seems to allude us. Continue reading

Chicago Infrastructure Trust Embarks on its First Project

14 Dec

“As long as our city rests on a 20th century foundation, we won’t be able to compete in a 21st century economy,” says Chicago Mayor Rahm Emanuel. He made that observation when noting that Chicago is suffering from limited resources to help build and maintain its vast infrastructure network of roads, bridges, transit, schools, and other public facilities. As the Mayor announced last spring, the Chicago Infrastructure Trust is aimed at luring private investment to help fund public infrastructure projects. Now, the trust is launching its first project. Continue reading

Simpler, More User Friendly Infrastructure Finance

17 Jun

We all know how important infrastructure investment is to job creation. The concept is straightforward: the more money we invest in infrastructure, the more jobs we create. Though  simple in concept, getting the resources necessary to invest in infrastructure is no easy feat. And with the dissolution of redevelopment agencies across the state, finding gap funding to finance infrastructure has become increasingly difficult.

Unfortunately, limitations on funding for infrastructure have come at a time when infrastructure investments are ideal because interest rates are low, and laborers are many. Given this reality, Californians are looking for new ways to direct resources toward infrastructure development and improvements. Continue reading