Related Articles
West side train yard at Pennsylvania station in New York City in 2014
Forward article link
Share PDF with colleagues

Biden seeks to address weak infrastructure track record

US faces deep investment hole built over decades, and a lack of skill to address it

Details are soon to be released of a $3tn climate-focused infrastructure bill from the Biden administration which, if passed, would reverse a sustained 40-year failure of America to invest in itself. According to a new report from the American Society of Civil Engineers, the US infrastructure gap—an estimate of the gap between the path of spending and what the economy will ultimately need—has reached $5.6tn. The president himself recently remarked that “if we do not get moving, they [China] are going to eat our lunch.”  But America’s long record of neglect presents an additional problem. The last true infrastructure initiative took place immediately after the Second World War. And since tha



{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
ExxonMobil LNG announces 2021 Power Play winners
24 September 2021
Four remarkable professionals recognised across different categories that celebrate advances in diversity and equality and accomplishments in the LNG value chain
UK sets out plans for hydrogen
23 September 2021
Publication of the UK’s Hydrogen Strategy is a welcome step forward, but the sector is still nascent and more detail is required
China wind power set for rapid growth and plunging costs – Wood Mackenzie
22 September 2021
Onshore wind costs expected to drop by 46pc by 2030 as state policies drive sustained capacity growth, consultancy says
Sign Up For Our Newsletter
Project Data
PE Store
Social Links
Social Feeds
Featured Video