#Infrastructure investment

[pomeraniandancer]

Side-eyeing the shit out of Patrick's original tweet.

I'm from Maine. Trust me, we have a *very* good idea of how transformative high speed rail would be.

Northern Maine is absurdly underdeveloped, even though it's one to five hours away from at least three significant Canadian cities. Getting a high-speed (or even "moderate" speed) railway, especially one that connects with a Canadian railway system, would border on the revolutionary.

One of the major reasons why Maine *hasn't* been developed further is because there are a lot of stick-in-the mud traditionalists (read: white people who don't know their Maine history) who insist on sticking with Maine's historical industries (logging, potatoes, and tourism, mostly) instead of expanding or renovating them.

So, yeah, I'm not surprised Walker did something similar. I realize he did it mostly just to "stick it" to Obama, but it wouldn't surprise me if there were similar stick-in-the-muds in Wisconsin who were cheering him every step of the way.

[bitcoinversus]

Core Scientific Announces $4B AI Data Center in Denton

Core Scientific, a prominent player in the cryptocurrency mining sector, has announced plans to transform its Denton, Texas, Bitcoin mining facility into a state-of-the-art artificial intelligence (AI) data center. The $4 billion project aims to repurpose existing infrastructure to meet the growing demand for AI computing power. This strategic move reflects a broader industry trend where…

[signode-blog]

The Economic Impact of a Kamala Harris Presidency: U.S. and Global Perspectives

The prediction that Kamala Harris could win the U.S. elections has sparked discussions across various fields, including politics, economics, and international relations. While predictions, particularly those based on astrology, are not grounded in empirical evidence, it is an interesting exercise to explore the potential impacts that a Kamala Harris presidency could have on both the U.S. economy…

[usa-journal]

Biden Administration Allocates $1.5 Billion for Electric Power Projects

The Biden administration has announced a significant investment of $1.5 billion aimed at enhancing electric power infrastructure across several states, including a crucial interconnection for Texas's isolated power grid. This initiative, unveiled on Thursday, is designed to improve grid reliability and expand energy access.

The four projects collectively aim to add 7,100 megawatts of new electric power capacity in states such as Louisiana, Maine, Mississippi, New Mexico, Oklahoma, and Texas—enough energy to power over 710 million LED light bulbs.

A standout project will establish a connection between the isolated Texas grid and the power markets in the Southeastern United States. This interconnection gained prominence following the devastating Winter Storm Uri in 2021, which led to extensive power outages and resulted in numerous fatalities. Research has indicated that linking Texas to the national grid could have mitigated some of these blackouts.

The Biden administration has emphasized the importance of transmission lines as a solution to the climate crisis, noting that many renewable energy projects face challenges in connecting to the grid. White House adviser John Podesta stated, "When President Biden and Vice President Harris took office, they set out a vision to tackle the climate crisis and power the economy with clean electricity. In order to get there, we need to more than double our current transmission capacity."

Funding for these projects is sourced from the Bipartisan Infrastructure Law and follows three other initiatives previously announced under the same transmission program.

Among the other projects included in this investment is the construction of a new power substation in Haynesville, Maine, along with a 111-mile power line that will connect it to the wider New England grid. Additionally, a project will facilitate the integration of wind and solar energy in eastern Oklahoma, while another will span New Mexico, supporting the area's semiconductor, battery manufacturing industries, and data centers.

[townpostin]

CII Jharkhand Praises Budget 2024-25 for Eastern Focus and MSME Boost

Comprehensive development plan and enhanced support measures signal growth-oriented approach Union Budget 2024-25 earns CII acclaim for its emphasis on Eastern region development, MSME empowerment, and strategic infrastructure investments to foster economic progress. JAMSHEDPUR – The Confederation of Indian Industry has come out with profusely praising words for the Union Budget 2024-25 for its…

[furthandassociates]

Efficient capital allocation is the linchpin of sustained business success. Regardless of industry, business leaders grapple with the challenge of judiciously deploying resources to maximize profits and foster growth. Here are five fundamental strategies to guide business leaders in mastering the art of capital allocation.

[siliconpalms]

Bank Payment Undertaking and Fresh-cut SBLC: Financing Solutions for West African Infrastructure Projects

Investing in infrastructure projects, especially in developing regions like West Africa, presents a unique set of opportunities and challenges. As the world becomes increasingly interconnected, the need for robust infrastructure to support economic growth and development has never been more critical. However, one of the primary hurdles in financing such large-scale projects is securing the…

[immaculatasknight]

Picking up the pieces

[chainreactionpodcast]

Infrastructure Investment A Look at Large Projects With an Emphasis on Rail Networks such as HS2

Photo by David Dibert on Pexels.com High Speed Railways such as HS2 Transport systems are central to moving people and goods around the country, and not only are they central, but the choices we make have implications for CO2 emissions, greenhouse gases and the impact on daily lives. Now the infrastructure investment in these projects is also a key part of driving supply chains, and they have…

[automotiveera]

U.S. Bus Market Will Reach USD 11,237.7 Million By 2030

The U.S. bus market is projected to be USD 11,237.7 million by 2030 growing at a CAGR of 4.7% during the forecast period. This growth can be credited to the fast urbanization and increasing populace, armed with the growing government investments in the advancements of public transport vehicles. Furthermore, the obtainability of federal, state, and local funding and the existence of a huge count of school buses boost industry development.

In recent years, the school buses category had the largest revenue share, approximately 55%, and the category is also projected to remain dominant in the future as well. This development can be credited to the fact that these buses are the largest form of mass transport in the nation.

Almost 480,000 school buses were on the roads in recent years in the U.S., outnumbering transit buses around 7 to 1. Moreover, the rising acceptance of E-buses for school purposes advances the industry in this category in the U.S.

To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/us-bus-market/report-sample

Public transport holds the capability to enhance air quality, traffic safety, accessibility, and active transportation, and also personal well-being advantages. Public transportation utilizes less fuel and releases lower levels of unstable organic composites, carbon dioxide, and carbon monoxide per passenger mile compared to private vehicles. Along with the ecological aids, it has significantly lesser crash rates and lower crash harshness than automotive travel.

The electric propulsion category is estimated to advance at the highest CAGR, of approximately 30%, during the projection period, on the basis of revenue. This is mainly because the usage of electric buses in the nation was approximately 1.6% of the nation’s total bus sales in recent years, and the share of e-buses in public fleets is constantly growing.

Additionally, several public transportation agencies have contracted contractual orders with electric bus builders for obtaining electric buses.

Hence, the fast urbanization and increasing populace, armed with the growing government investments in the advancements of public transport vehicles are the major factors propelling the U.S. bus market.  

[thenewdemocratus]

The Hill: Congress: Keith Laing: Senator Bernie Sanders: $1T Infrastructure Bill Would Be Cheaper Than Iraq War

Source:The Hill Bernie Sanders wouldn’t be Bernie Sanders if we wasn’t proposing things like a trillion-dollars in infrastructure investment to rebuild America. And I agree with him as far as the amount of money that we should invest to rebuild this country and how that money would be spent. Which would to prioritize much needed infrastructure projects around the country and repairs that must be…

[justinspoliticalcorner]

Mark Sumner at Daily Kos:

President Joe Biden is no longer a candidate for 2024. However, no one should be less than incredibly enthusiastic—and grateful—when it comes to his accomplishments during his term. Biden is simply the greatest progressive president of our lifetimes. Full stop. Biden pulled America from the death, despair, and economic hardships generated by Donald Trump's criminal mismanagement of the pandemic that was killing 20,000 Americans per week when he took office. He steered the nation around a recession that economists considered inevitable, generated a surge in manufacturing that is still just getting started, brought new business creation to record levels, broke records on creating jobs and reducing unemployment, and shored up the importance of unions as the heart of the middle class. 

He restored faith in America around the world, healed the rift Trump created with our allies by strengthening and expanding NATO, and kept faith with Ukraine as it struggled against an illegal and unprovoked invasion by Russian dictator Vladimir Putin. He put America back into the fight against the climate crisis, oversaw record levels of new renewable energy, took serious steps to address long-festering environmental issues, steered U.S. auto manufacturing toward the future, and did it all while reaching record levels of oil production and destroying OPEC’s hold over the United States. He demonstrated compassion and took action to protect society's most vulnerable members in the face of rising Republican hate. He ushered in an era of declining crime, declining gun sales, and rising opportunity. 

[...] People are going to be driving on better roads, crossing safe bridges, and enjoying improved public facilities for years thanks to the Infrastructure Investment and Jobs Act. The American Rescue Plan not only provided the vaccine that pulled the nation through the worst of the pandemic, but kept money in people’s pockets, kept families in their homes, and kept businesses in business at a time when other economies around the world were suffering. Technology jobs and factories that had been bleeding away from the United States for decades came racing back thanks to the CHIPS and Science Act, and that same bill is stimulating basic research whose benefit will be felt for decades. The Inflation Reduction Act not only helped address its namesake issue, but provided funds for electric vehicles, renewable energy, and the protection of both farmlands and wild spaces. 

This is a far from exhaustive list. Biden accomplished more in the last three and a half years than any other president has done in two terms. He did it while never sinking into treating his political opponents as any less than his fellow Americans. He never surrendered his boundless faith in American institutions and our founding principles. And he did it while attending church each Sunday before visiting the graves of his first wife and two of his children, all lost to tragedy.

Joe Biden in his one term as President did a lot of good for America, as he helped get America out of the mess as a result of COVID and got several influential bills passed.

[townpostin]

Tata Steel Ranked Top Brand in Mining and Metals Sector

Tata Steel achieves highest brand value in Mining and Metals, per Brand Finance Report 2024. Tata Steel has been recognized as the highest-valued brand in the Mining and Metals sector, showing significant growth and resilience. JAMSHEDPUR – Tata Steel has emerged as the top brand in the Mining and Metals sector, as per the latest Brand Finance Report 2024. Just like any other teenager, this…

[siliconpalms]

Financing West Africa's Future: A $1.5 Billion Leap Forward with Innovative Offshore Funding

In the dynamic landscape of global finance and offshore funding, innovative funding mechanisms are not just pathways to growth; they are lifelines that transform aspirations into tangible realities. The recent move to fund a monumental $1.5 billion infrastructure project in West Africa through a fresh-cut $100M USD Standby Letter of Credit (SBLC) from a top 50 offshore bank is a testament to…