Globalization

Nation’s Leaders Focus on Infrastructure Investment

Today, three of the nation’s most well regarded leaders, New York City Mayor Michael Bloomberg, Pennsylvania Governor Ed Rendell, and California Governor Arnold Schwarzenegger, will speak about the need to invest in the nation’s decaying infrastructure. The Building America’s Future Coalition is advocating the inclusion of infrastructure investment in both major parties’ platforms, and is looking at infrastructure in terms of provisions that stimulate the economy and improve quality of life, environmental sustainability, and national security.

This timely talk comes as Marisol Bello of USA Today reports on the dangerously shoddy state of the nation’s bridges:

The fatal collapse of a bridge in Minneapolis a year ago jolted states into better inspections of the nation's 600,000 bridges, but they aren't coming up with the billions of dollars needed to ensure that all of them are sound.

The plunge that killed 13 people when the span crumpled into the Mississippi River on Aug. 1 was "a wake-up call" to take care of aging bridges, says Pennsylvania Gov. Ed Rendell. "We can't wait for another Minneapolis."

Since the tragedy, Pennsylvania has approved $350 million in bonds to repair 411 bridges. Road tolls will go up next year.

It would cost $9.4 billion a year for 20 years to eliminate all bridge deficiencies in the USA, according to the latest estimate, made in 2005, by the American Society of Civil Engineers.
A USA TODAY review found that beefed-up inspections since the collapse led 16 states to close bridges, reduce weight limits or make immediate repairs.

Twelve percent of the nation's bridges are structurally deficient, according to the Federal Highway Administration, meaning they are not unsafe but are so deteriorated that they must be closely monitored and inspected or repaired. That percentage has crept down. In 1997, it was 15%.

States are fixing bridges that are in the worst shape, but long-term repairs and upkeep will still suffer unless funding increases, says Kent Harries, a University of Pittsburgh engineering professor.

"We will see more bridge collapses," says Harries, who specializes in bridge engineering.

States are facing cuts in federal funding next year because of a projected $3.2 billion shortfall in the Highway Trust Fund. The gap is expected to grow because Americans are driving less.

NDN has been a longstanding proponent of investing in infrastructure. Fellow Michael Moynihan published a paper on Investing in Our Common Future: U.S. Infrastructure and NDN recently endorsed the Dodd-Hagel Infrastructure Bank.

The United States and Colombia - Consolidating Achievements

The op-ed in today's New York Times written by Secretary Gates and the Columbian Minister of Defense, Juan Manuel Santos, reflects the spirit of shared responsibility and mutual respect that has led to dramatic progress in improving security in Colombia.  The two leaders met today to discuss the U.S.-Colombia security relationship - just one day after NDN hosted Colombian Ambassador Carolina Barco at a Latin American Policy Initiative to hear her perspective on the historic liberation of several hostages held by the FARC, Colombia's growing economy, and the proposed CTPA. 

It's important that the administration take stock of the fact that Colombia's gains are America's gains.  During her presentation, the Ambassador pointed out that over the last 10 years Colombia has been on a path to eradicate drug production, which - in combination with economic and legal reforms - has led Colombia out of a "vicious cycle" of drugs, insecurity, and poverty, into a "virtuous cycle" of security, investment, and economic growth.  The remarkable transformation in Colombia's security situation is largely the result of a partnership between the U.S. and Colombia.  The U.S. understands the benefits to be gained from having a strong, prosperous, and secure ally in Colombia, and has thus committed resources to help consolidate Colombia's hard-won freedom from violence and its economic prosperity.  One can only hope that the next administration will remain invested in the security and prosperity of the Latin American region, continuing the partnership with Colombia and extending similar commitments in the rest of the region - recognizing that any instability in the region has repercussions in the U.S., and by the same token, the gains of its neighbors are the gains of the U.S.  

Aug. 1 - Assistant Majority Leader Durbin to Deliver Address on Green Economic Opportunities

With rapidly rising energy costs changing the way Americans live and work and global warming threatening even greater harm to our future prosperity and well-being, it is clear that a fundamental change in America’s energy policy is needed. Bold new policies and leadership can turn these twin crises into historic opportunities.

In that spirit, NDN is pleased to announce that on Friday, August 1, Assistant U.S. Senate Majority Leader Dick Durbin will deliver an address on the economic benefits for America in moving from carbon-based fuels to renewable energy sources. Senator Durbin’s remarks will be followed by a panel discussion on "Energy and the American Way of Life." Both events are hosted by the NDN Green Project.

During the panel discussion, energy leaders and experts will discuss how this transition can take place. NDN Green Project Director Michael Moynihan will also be discussing his new paper entitled, Solar Energy: The Case for Action.

Assistant Majority Leader Durbin will speak at 11:15 a.m. on Friday, August 1, in the Ballroom of the Phoenix Park Hotel, 520 N. Capitol St., NW, in Washington, DC. The panel will follow the senator’s remarks. Lunch will be served. Please click here to RSVP.

NDN’s Green Project is a program of the Globalization Initiative that seeks to develop a legislative, regulatory and advocacy framework to address climate change, enhance energy security, and accelerate the development of green technologies to promote economic growth. Through this initiative, NDN serves as a bridge between key stakeholders such as the new clean technology community and public leaders as we build a post-carbon economy.

For more information on this event, please contact Courtney Markey at cmarkey@ndn.org or 202-384-1214.  We look forward to seeing you Friday, August 1, at 11:15 a.m.

NDN to Host Ambassador of Colombia Tomorrow

NDN will host the next in its series of Latin American Policy Initiative forums tomorrow, Tuesday, July 22, at 9:30 a.m. The guest for tomorrow's forum is the Honorable Carolina Barco, Colombian Ambassador to the United States, who will talk about issues of importance to Colombia. A 45-minute panel will be followed by a 30-minute Q&A session.

Tomorrow's policy forum follows this weekend's mass protests against kidnappings by the Revolutionary Armed Forces of Colombia (FARC), the recent dramatic rescue of several of those hostages, and will serve as an opportunity to speak to the Ambassador prior to President Bush's remarks in honor of Colombian Independence Day, scheduled for tomorrow afternoon at the White House.

LAPI Forum with Colombian Ambassador Carolina Barco
Tuesday, July 22
9:30 a.m.-11 a.m.
Reserve Officers
Association Building
5th Floor
One Constitution Ave., NE
Washington,DC

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To Lead or Not To Lead on Climate Change?

Al Gore delivered a major speech on Climate Change today in Washington, DC detailing his challenge for America to generate “100 percent of our electricity from renewable energy and truly clean carbon-free sources within 10 years.” Said Gore:

We're borrowing money from China to buy oil from the Persian Gulf to burn it in ways that destroy the planet. Every bit of that's got to change.

As Al Gore issues this extremely aggressive challenge that states compellingly the reasons to combat climate change, he prioritizes American leadership on climate and energy. This strategy contrasts strongly with the one discussed by Sen. Richard Lugar and Treasury Sec. Henry Paulson in an op-ed in Monday’s Wall Street Journal.

As our vigorous domestic debate shows, there is disagreement within America about whether we should take strong steps to limit greenhouse gas emissions if fast-growing emitters in the developing world do not make similar commitments. Yet nations such as China and India say that fossil fuels are essential to power their economies, raise living standards and pull millions of their people out of poverty. Expanding the use of clean technologies is one way to address the common challenge of reducing greenhouse gas emissions while transcending the differences here at home and between developed and developing countries.

That is why we support a new multilateral initiative to help finance the deployment of commercially available clean technology to the developing world. This Clean Technology Fund, proposed by President Bush last September, is an important opportunity for which American leadership is vital.

This bridge, of promoting voluntary action on climate change, has already been crossed, and this Clean Technology Fund, contrary to what Lugar and Paulson argue, runs away from actual leadership on this issue. Instead of leading a clean technology revolution, they recommend deploying existing technologies to the developing world and unfairly placing the onus on economies that are attempting to lift millions out of poverty every year.

Instead, as Gore argues, putting a price on carbon (domestically and internationally) is crucial to combating climate change:

Of course, we could and should speed up this transition by insisting that the price of carbon-based energy include the costs of the environmental damage it causes. I have long supported a sharp reduction in payroll taxes with the difference made up in CO2 taxes. We should tax what we burn, not what we earn. This is the single most important policy change we can make.

NDN Globalization Initiative Chair Dr. Robert J. Shapiro’s proposal, which he discussed yesterday at NDN, is in line with Gore’s, and, earlier this month, we heard from Sen. Bingaman on his ten principles for cap and trade legislation.

Moving forward, NDN’s Green Project hopes to hear more about meaningful solutions to climate change. For more on the Green Project’s work on energy and climate, check out our blog.

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China and Climate Change

Ooops ... The Financial Times reports today that China and India once again have rejected a cap on CO2 emissions -- and without these countries and the other large developing nations that will follow their lead, the world cannot seriously address the threat of climate change. China and India's response should be no surprise: as fast growing developing economies, their appetite for the energy that produces most of the CO2 increases sharply every year. Moreover, their modernization programs are concentrated in the most energy-intensive industries around - basic manufacturing and energy-intensive agriculture - while most of their own domestic energy supplies lie in coal, the most climate-damaging fuel. One way to move forward is to give them an alternative to a CO2 cap. Carbon-based taxes should be more appealing, since China and other fast-growing developing countries need more revenues to support the basic public goods of modernization -- infrastructure programs and greater access to education and health care. But that won't be enough: we will have to make it worth their while economically to join us, Europe and Japan in a global campaign to address climate change. That will mean offering them better and cheaper alternatives to the hundreds of coal-burning electricity plants they plan to build every year into the indefinite future. Better alternatives for the climate are widely available, for example, in hydropower or natural gas-fueled generating system, and perhaps soon, in solar and wind as well.

In the end, however, the United States, along with Europe and Japan, probably also will have to make those alternatives cheaper by providing large technology transfers at cut rates. And the United States is the only country that can make any of this happen, at least regarding China. As the largest foreign direct investor in China, its largest export market, and the guarantor of the sea and air lanes across which all of China's trade and oil supplies travel, China's leaders recognize America as the indispensable economic and military power for China's own progress. All we need is a president and administration prepared to use that position to advance the global agenda on climate change.

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