According to sources in Europe, the Obama Administration has sought advice from European Union officials about emulating the EU's infrastructure bank.
"President Barack Obama's administration is looking to establish a $60bn (£43.5bn) infrastructure bank based on the European Investment Bank (EIB), which is bailing out small UK businesses hit by the financial crisis."
"The President's transition team has met at least one City figure close to the EIB to discuss how to set up a bank dedicated to rebuilding America's creaking transportation infrastructure. It is estimated that the backlog of road repairs is close to $5 trillion."
"A spokesman for the Federal Highway Administration said on Friday: 'There are no plans currently in place, as the US Secretary of Transportation was only sworn in yesterday. [But] I can tell you that state infrastructure banks are being considered.'"
Read the full story: Obama's team turn to EU bank for inspiration
COP28: Beginning of the End for Fossil Fuels?
A deal came together “quickly and unexpectedly" on the final night of the nearly 2-week United Nations climate talks in Dubai, UAE, according to a series of articles by Washington Post climate reporters.
COP28: Will Developed Nations Reduce Emissions?
Tensions between developed and developing nations surfaced over emissions and energy, with the former focused on reducing fossil fuels and the latter pointing to unrealized emissions reductions from the nations most responsible for global warming.
Vladimir Putin is Waging Two Wars in Europe
A hot war is being fought by Ukraine against Russia while the European Union is reeling from an energy war waged by Russian President Vladimir Putin in retaliation against economic sanctions placed on his nation for invading Ukraine.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Amtrak, CN end decades-long dispute with eight-year agreement
The new operating agreement establishes an updated framework for the companies to work together, including processes to resolve disputes.
Northwest rail fans eager for Sept. 30 debut of Amtrak’s Airo fleet
Get ready for that new train smell and more seats. But they won’t go faster or run more frequently on the Cascades route in Washington and Oregon.
LAX SkyLink opening delayed again, contractor won’t commit to new deadline
The project was supposed to open its doors to the public in 2023.
Caltrain may slash over one-third of its stations
If Bay Area voters reject two transit tax measures, Caltrain, BART and AC Transit will see steep service cuts.
A 'dangerous' precedent: North Carolina successfully pressures communities into voting for toll roads
Two mayors resigned from the Charlotte Regional Transportation Planning Organization after it voted in favor of the toll roads.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
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