All tagged infrastructure
Over the past decade, the Electric Vehicle (EV) market has rapidly gone from proof-of-concept to full manufacturing, and now approaching mass adoption. The economic environment is primed for EVs to flourish. Battery prices continue to fall each year, political climate policies push towards less carbon emissions, and legacy automakers are shifting into the EV space. It is only a short matter of time before EVs become the most common choice for transportation. Both personal and commercial.
In the midst of emerging from the pandemic, it is important to look at the next steps to get the economy back on track. Within his first hundred days in office, president Joe Biden announced his lofty infrastructure plan. President Biden noted that this plan “is a one-in-a-generation investment in America” that has the potential to redefine the country (Tankersley, 2021). This extensive plan will inject money directly into the economy and could possibly be changing the United States for the foreseeable future. When considering what steps to take forward, it is crucial to analyze what the long term results are. So far, implementations like stimulus checks have provided a degree of short-term, immediate relief to some, but such policy action is not something that will help them get jobs and prosper growth. Families are able to pay for their immediate expenses to support themselves, but the checks are not providing them with secure jobs with stable income. In contrast, the infrastructure plan aims to create jobs for millions of Americans and improve the current crumbling infrastructure. According to the World Economic Forum, at its current state, the United States’ infrastructure is ranked 13th among other rich countries, with the score having gone down in recent years (Duncan). The United States is behind countries like Switzerland and Singapore, but this doesn’t have to be the case. White House correspondent for the New York Times, Jim Tankersley, stated that this plan has the potential to “create millions of jobs in the short run and strengthen American competitiveness in the long run,” demonstrating that this is a plan for the future, not just a small fix (Tankersley, 2021).
Secretary of Transportation, Pete Buttigieg, recalled this plan as a “common sense investment” that will create jobs and help alleviate the budget deficit (King, 2021). Such an investment in public good will benefit everyone, not just a small group of people. President Biden notes that it will also set up the United States to be “more competitive around the world,” especially against those with fast-growing economies like China (King, 2021).
Natural gas buses, electric street cars, monorail, subway, and more. What's the most economic option for cities to provide transportation to their citizens for navigating the sprawl?
