Tag: Infrastructure

BlackRock to Make Massive Infrastructure Move to ‘Decarbonize the World’ and Reap Government Subsidies

Connecticut Star Staff

BlackRock on Friday reached an agreement to acquire Global Infrastructure Partners for $12.5 billion, a move aimed at advancing the investment giant’s climate objectives and capitalizing on government subsidies, according to statements and reports.

BlackRock is the world’s largest asset manager and is a proponent of environmental, social and corporate governance (ESG) investing. Both companies share a commitment to decarbonization and BlackRock sees the deal’s timing as opportune, as governments have offered businesses rare financial incentives to build infrastructure, including for green energy projects, according to a press release.

Read More

Commentary: The Central Importance of Infrastructure

Admin

After I’d chastised him repeatedly for being the spoiler in the November 2020 battle between Republican David Perdue and Democrat Jon Ossoff to represent Georgia in the U.S. Senate, Shane Hazel invited me to debate him on his podcast.

During our lengthy discussion, Hazel demonstrated a thorough knowledge of the U.S. Constitution, and we found ourselves in agreement on many if not most of the critical issues, starting with the First and Second Amendments. One topic I wish we could have spent more time discussing was the issue of infrastructure. As it was, I got nowhere with Hazel on that question.

Read More

Connecticut Invests in Infrastructure at Rocky Hill Facility

The Center Square

Veterans coming to Connecticut’s Rocky Hill campus will be seeing changes.

Gov. Ned Lamont announced Thursday the state will be performing $5.1 million in infrastructure upgrades to the Department of Veterans Affairs facility in Hartford. The funding was approved at last week’s State Bond Commission meeting.

Read More

Biden-Buttigieg DOT to Tap Infrastructure Spending to Promote Speed Cameras Nationwide

Admin
Joe Biden and Pete Buttigieg

The U.S. Department of Transportation’s “National Roadway Safety Strategy” includes promoting the use of speed cameras in cities and towns as a “proven safety countermeasure.”

DOT received $6 billion to issue grants to “help cities and towns” with road safety, which was part of the $1.2 trillion infrastructure bill that Congress passed.

“That law creates a new Safe Streets and Roads for All program, providing $6 billion to help cities and towns deliver new, comprehensive safety strategies, as well as accelerate existing, successful safety initiatives,” said Transportation Secretary Pete Buttigieg during a speech on Thursday about the launch of DOT’s National Roadway Safety Strategy.

Read More