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Archive for the ‘Funding’ Category

Transportation Investments in Response to Economic Downturns

Wednesday, March 5th, 2014

Estimates of the magnitude of the effects of stimulus spending vary over a wide range. However, the preponderance of studies support the conclusion that federal stimulus spending, during a recession or period of high unemployment and when monetary policy is maintaining low interest rates, leads to an increase in gross domestic product (GDP) and in employment, at least in the short term (within 1 or 2 years after the spending).

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Mixed Reactions to Obama’s New $300 Billion Transportation Bill

Thursday, February 27th, 2014
President Obama in St. Paul

On February 26, President Obama climbed the steps of St. Paul, MN’s Union Depot train station to announce his new vision for transportation funding. The bill includes a competition for $600 million in transportation dollars, and a four-year surface transportation reauthorization to the tune of $300 billion.

Stakeholders on both sides of the fence have been quick to form opinions, and the fate of the bill remains uncertain–though most agree that action is urgently needed. Selected reactions from the transportation community are excerpted below.

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This Infra Week

Friday, February 14th, 2014

  Thinking of Spreading a Little Artistic Neighborhood Cheer?Don’t. It’s probably against the law.(Strong Towns Blog) Imagine All the People…Without Cars.Could driverless cars really rule the roads in just 16 years?(The Atlantic Cities) Crowdfunding InfrastructureKansas City looks to “transform one of the worst cities for biking into the one of the greatest with a world-class […]

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The Clean Trillion: Closing The Clean Energy Investment Gap

Friday, February 14th, 2014
FIgUre 1: The Clean energy InvesTmenT gap

This paper refers to the necessary additional investment in clean energy as the “Clean Trillion.” Current annual investment in clean energy falls far short of this goal. In 2012, global investment in clean energy (as defined by Bloomberg New Energy Finance) was $281 billion—and in 2013 this figure is expected to be even lower. Simply put, there is a clean energy investment gap.

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Rethinking the Way Transportation Infrastructure Is Funded

Friday, February 14th, 2014

Innovation Newsbriefs
Vol. 25, No. 3A
It may come as a surprise to you, but there is a quiet revolution in transportation funding underway these days. Faced with a depleted Highway Trust Fund and uncertain prospects for more money from a deficit-conscious Congress, many states are taking matters into their own hands and aggressively pursuing more fiscal independence.

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Critical Issues in Transportation

Tuesday, February 11th, 2014
The freight transportation system must adapt to a projected 80 percent growth in gross domestic product in the next 25 years.

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.

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In the New Mexico Tradition: The Impacts of MainStreet

Friday, February 7th, 2014
New Mexico thumb

Main Street is a subsidiary of the National Trust for Historic Preservation. The registered Main Street Four-Point Approach is a proven method for the economic development of downtowns in the context of historic preservation. The value and power of this approach as a vehicle for downtown revitalization has been proven in 40 states and more than 2,500 communities.

Early on, New Mexico recognized the potential for using Main Street as an economic development strategy, particularly in its rural communities, and established its state MainStreet Program in 1985. The program was housed in the Lieutenant Governor’s office until 1989 and then transferred to its current place in the Economic Development Department. Since its inception, the New Mexico MainStreet program has been extraordinarily effective in achieving its purpose. From its beginning with a few communities, the program has grown to currently serve 27 towns, cities, and urban neighborhoods.

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University Transportation Research Center, Region 2: Annual Report

Wednesday, February 5th, 2014

PLANNING TODAY in Region 2, requires knowledge of multi-modal and intermodal systems serving both freight and passenger movements. Planning in the region involves not only MPOs, but all of the many agencies taxed with the need to move people and goods 24/7. Planning is constrained by institutional mandate and history, the need to catch up with a backlog of capital needs, and a chronic shortage of adequate funds for both maintaining and building the infrastructure.

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Caltrans: Recommendations for Improvement

Tuesday, February 4th, 2014
Figure 1, VMT and per capita VMT on California state highways, 1992-2012. Sources: Caltrans (VMT) and Department of Finance (population).

This report provides an assessment of the performance of the California Department of Transportation (Caltrans) and recommendations for improvement…The report provides a brief history of Caltrans and of the demands placed on it, a set of findings about Caltrans’ current state, and recommendations for improvement. Throughout, it focuses on the need for modernization and culture change at the department.

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California’s Bullet Train Hobbled by Fresh Legal, Fiscal and Political Uncertainties

Monday, January 27th, 2014

Innovation Newsbriefs
Vol. 25, No. 2
Barely recovered from the damaging effects of the Sacramento Court ruling denying the California High Speed Rail Authority access to Prop 1A bond funding, the bullet train project has had to face fresh challenges.

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