Moody's

Nation's Newest Toll Road Opens in North Carolina

For a small fee, motorists can now bypass a congested arterial road with two dozen traffic lights outside of Charlotte. Built and operated by the North Carolina Turnpike Authority, the 18-mile, electronically tolled Monroe Expressway opened Nov. 27.

December 6, 2018 - WFAE

Empty Carpool Lane

Climate Challenge: Not Enough EVs or Too Many SUVs?

Both are problems, but globally, sports utility vehicles sales are proliferating far faster than cars, be they electric or petrol-powered, posing a major challenge for governments committed to reducing greenhouse gas emissions.

March 5, 2018 - The New York Times - Climate

Hurricane Sandy

Moody’s: Climate Change Will Affect Your Credit Rating

The agency has created an economic incentive for cities, states and counties to deal with environmental threats.

December 21, 2017 - NPR

Coal Extraction

Coal Miners Are Going Back to Work, Proclaims Trump Upon Signing Executive Order

Flanked by coal miners, President Trump signed an executive order on Tuesday that begins the roll back of his predecessor's signature environmental rule, the Clean Power Plan, and other environmental regulations to facilitate energy production.

March 29, 2017 - The Washington Post

Toll Road Truck

Is the Road Usage Charge the Future of Road Funding?

"The road usage charge is the logical evolution in the way we fund surface transportation," stated Patrick Jones, Executive Director of the International Bridge, Tunnel and Turnpike Association at their annual transportation conference in Portland.

April 28, 2015 - Planetizen

Recession Success Story: Walkable Commercial Areas

New data show the resilience of walkable commercial areas through the recent recession. Parking minimums, however, prevent new projects from taking advantage of the strengths of such development patterns.

April 8, 2015 - Vox

Struggling Toll Roads Make for Good Investments

In another example of a struggling toll road attracting no shortage of investors, the poor revenue performance of the San Joaquin Hills Transportation Corridor Agency in Orange County, California has not dissuaded investors, as the returns are high.

October 30, 2014 - The Wall Street Journal

Highway Trust Fund Projected to Become Insolvent Earlier than Expected

As we've noted numerous times, the Highway Trust Fund will become insolvent around the end of the fiscal year - Sept. 30, just when MAP-21, the transportation authorization bill, expires. We were wrong. The new HTF "ticker" explains the bad news.

February 20, 2014 - Politico Morning Transportation

Amended Virginia Transportation Bill Backtracks on Prius Tax

In signing the funding bill that eliminates the state's 17.5-cent gas tax, Gov. Bob McDonnell reduced the new registration fee on hybrid vehicles to $64. While environmentalists remained disappointed, Moody's bond rating agency praised it highly.

March 29, 2013 - The Hill's Transportation Blog

Thirty California Cities Face Credit Downgrades; More Bankruptcies Expected

In the wake of three municipal bankruptcies in California this year, Moody's Investor Services is placing thirty cities on credit review. These are not poor ones either, but in the heart of Silicon Valley and other wealthy Bay Area cities.

October 12, 2012 - San Francisco Chronicle

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