U.S. House approves $1.5 trillion infrastructure bill but outlook uncertain

WASHINGTON – The U.S. House of Representatives approved a massive $1.5 trillion infrastructure package on Wednesday by a 233 to 188 vote to boost spending on roads, bridges, public transit and rail but the White House and Senate Republicans both said they oppose the measure. Representative Peter DeFazio, the Democrat who chairs the Transportation and Infrastructure Committee, said the measure “deals with the incredibly deteriorated infrastructure in this country” and addresses the threat of climate…

"U.S. House approves $1.5 trillion infrastructure bill but outlook uncertain"

White House opposes $1.5 trillion House infrastructure measure

WASHINGTON – The White House said Monday it opposes a $1.5 trillion proposal from congressional Democrats to boost U.S. infrastructure over the next decade, criticizing how it would pay for new spending. The Democratic-controlled House of Representatives is set to begin on Tuesday debating the measure, which includes a massive boost in spending on roads, bridges, public transit, rail, ports and airports as well as water systems, schools and broadband internet. A final vote is…

"White House opposes $1.5 trillion House infrastructure measure"

House panel debating $494 billion infrastructure measure

– A U.S. House of Representatives panel is debating on Wednesday a Democratic plan to boost infrastructure spending that aims to fix crumbling roads and highways and reduce carbon pollution. The $494 billion five-year surface transportation bill wouldprovide $319 billion to fix 47,000 structurally deficientbridges and make other repairs, $105 billion for mass transit, build electric vehicle charging stations and invest nearly $30 billion in passenger railroad Amtrak and rail infrastructure. With a presidential election…

"House panel debating $494 billion infrastructure measure"

U.S. House to vote on infrastructure funding plan in July

WASHINGTON – The U.S. House of Representatives plans to vote on a Democratic plan to boost infrastructure spending in early July that aims to fix crumbling roads and highways and reduce carbon pollution. On Wednesday, Democrats, who control the House, introduced a $494 billion five-year surface transportation bill that would provide $319 billion to fix 47,000 structurally deficient bridges and make other repairs, $105 billion for mass transit and invest nearly $30 billion in passenger…

"U.S. House to vote on infrastructure funding plan in July"

Russia’s rail link to port of Murmansk severed by bridge collapse

MOSCOW – Russian Railways has halted passenger and cargo rail transport between the northern port of Murmansk and the rest of Russia after the collapse of the only railway bridge linking the two, the national rail company said on Tuesday. The foundations of the bridge across the river Kola were washed away by rapidly melting snow and strong flows of water on Saturday, and the bridge gave way on Monday, the Emergencies Ministry said. No-one…

"Russia’s rail link to port of Murmansk severed by bridge collapse"

China’s post-pandemic economic stimulus puts 2020 climate pledges at risk

BEIJING – China may struggle to meet its climate pledges this year as it turns to heavy industry and carbon-intensive projects to shore up its coronavirus-stricken economy, government researchers and analysts say. China pledged to cut “carbon intensity” – the amount of CO2 emissions it produces per unit of GDP – by 40%-45% from 2005-2020 as part of the global climate change pact it signed in Paris in 2015. The world’s biggest greenhouse gas producing…

"China’s post-pandemic economic stimulus puts 2020 climate pledges at risk"

China’s building work stalls in February, as virus keeps workers indoors

BEIJING/TOKYO – China’s construction activities were stalled in February as the government extended Lunar New Year holidays and advised people to stay indoors as a precaution against a coronavirus outbreak. The flu-like epidemic, which originated in the central city of Wuhan, has killed 3,158 and infected more than 80,000 in mainland China. Data from Japan’s Komatsu , one of the world’s biggest makers of earth-moving equipment, showed use of its machinery in China fell nearly…

"China’s building work stalls in February, as virus keeps workers indoors"

Europe’s infrastructure at “high risk” from climate change: U.N. study

GENEVA – European countries need to invest to prepare their transport infrastructure for the impacts of climate change or face hundreds of millions of dollars in repair costs, a U.N. regional commission said in a study it says is the first of its kind. The study, conducted over four years by a group of experts within the U.N. Economic Commission for Europe (UNECE) and released on Tuesday, maps out sections of infrastructure and overlays it…

"Europe’s infrastructure at “high risk” from climate change: U.N. study"

Breakingviews – HS2 green light makes UK less of a runaway train

LONDON ( Breakingviews) – Boris Johnson has given foreign investors in the UK a reason to feel less jittery. On Tuesday the UK prime minister approved the so-called High Speed 2 (HS2) project, following a government review. Together with another key recent call on Chinese telecoms firm Huawei Technologies, it implies that the government tasked with delivering Brexit is not incapable of identifying least-bad strategic options. The 107 billion pound HS2, Europe’s largest infrastructure project,…

"Breakingviews – HS2 green light makes UK less of a runaway train"

Breakingviews – Alstom-Bombardier rail M&A would face faulty track

LONDON ( Breakingviews) – Henri Poupart-Lafarge clearly isn’t one for regrets. The chief executive of 10 billion euro Alstom expressed remorse for using the term “European champion” during his ill-fated hook up with Siemens’ train business, which competition authorities blocked. A potential union with Canadian peer Bombardier’s rail division, as the two sides are discussing according to Bloomberg, would create a transatlantic train-building champion instead. It will still test antitrust logic. Faced with China’s state-backed…

"Breakingviews – Alstom-Bombardier rail M&A would face faulty track"