Snelling Center Issues Report on Strategies to Fund Road and Bridge Repairs

first_imgSnelling Center Issues Report on Strategies to Fund Road and Bridge RepairsNovember 25, 2008 – -The Snelling Center for Government reported today that surveys of business leaders and the public indicate that Vermonters want action to fix Vermont’s deteriorating roads and bridges.”Our surveys told us that Vermonters want transportation to be a high priority,” said Charlie Smith, president of the Snelling Center. “Bridge repair is at the very top of the priority list.”Data from the Agency of Transportation show that Vermont’s roads and bridges are deteriorating rapidly. Situations like the failing bridge in the Town of Richmond demonstrate how a village can be isolated and harmed when a bridge is closed. Moreover, the shortfall in funding for preventive maintenance and light repairs leads to much more expensive reconstruction projects.”Roads and bridges are a basic responsibility of government. This is a crucial issue for Vermont’s prosperity and for the viability of our communities in the coming decades,” Smith said.The Snelling Center’s report also indicates that Vermonters recognize that putting more money in roads and bridges will require political compromise.”While few people are enthusiastic about new taxes, a large majority supports taxes as part of the solution,” Smith said. “They also favor reallocation of current spending as part of the solution.” 89% of the business leaders and 63% of the general public said they favored a compromise even if it included an equal share from their “least favored funding source. “Vermonters are realists,” Smith said. “They want to be told the truth; they want priorities to be set; and they want problems to be solved.”When asked what tax source they would favor most, a strong majority cited user-related taxes such as gas and diesel fuel taxes, rather than income, sales or property taxes. The surveys also indicated support for major public borrowing to accelerate road and bridge repairs. 93% of business leaders and 79% of others favor public borrowing, with the majority favoring a debt increase of $220 million or more (i.e. 50% increase over current borrowing levels.)The Snelling Center for Government is a non-partisan, non-profit organization that fosters civic leadership and promotes informed citizen participation in public policy.For the full Vermont Roads and Bridges report, the Executive Summary, and the Critical Data Guide, go to: www.snellingcenter.org/vermontroadsandbridges(link is external).The Snelling Center for Government is a non-partisan, non-profit organization committed to fostering responsible and ethical civic leadership, encouraging public service by private citizens, and promoting informed citizen participation in shaping public policy in Vermont. For more information, please visit our website at www.snellingcenter.org(link is external).last_img read more

Rystad Energy: 2020 will be a record year for Australian renewable energy development

first_img FacebookTwitterLinkedInEmailPrint分享PV Magazine:Despite a massive drop in renewable energy investment seen last year, Australia’s renewable energy sector is forecast to have another record year in 2020. According to consultancy Rystad Energy, large-scale PV projects will be the largest source of new capacity additions this year, totaling 1.96 GW.Four large-scale PV projects, each with a capacity of 200 MW or more, are set to complete commissioning this year: Darlington Point (275 MW), Limondale (249 MW), Kiamal Stage 1 (200 MW) and Sunraysia (200 MW). The capacity to come online is geographically concentrated in New South Wales, with 51.5% – or 1.01 GW – scheduled to start operation in the state, Rystad finds.Overall, 3.6 GW of renewable energy capacity is expected to complete commissioning, up from 2.6 GW in 2019. Wind development will account for 1.57 GW, while 0.1 GW will come from batteries. It is also likely that new markets will begin to open up as pilot hydrogen projects come online and the off-grid sector takes off, led by the mining and oil & gas industries, Rystad finds. “The Australian renewables sector has been through a bit of a quiet spell as few new projects have broken ground in recent months, but we expect the industry to bounce back in the second half of 2020,” says Gero Farruggio, Head of Australia at Rystad Energy. “Projects with power purchase agreements (PPAs) and winners of government auction schemes and grants are scheduled to enter the construction phase, developers will be shifting to more favorable parts of the grid in Victoria, New South Wales and Queensland, and projects are lining up in central and northern New South Wales to replace the coal-fired Liddell power plant that is due to close by April 2023.”Rystad Energy expects between 1.0 GW and 1.5 GW of new utility PV projects will break ground in Australia’s National Electricity Market (NEM) in 2020. These projects will be located in southeast Queensland, central and northern New South Wales and central/eastern Victoria. For utility wind, there are currently projects representing 7.9 GW that have received development approval. This includes about 5.3 GW of projects larger than 350 MW and located in favorable parts of the grid with owners that have development experience, Rystad says.[Marija Maisch]More: Australia poised for record large-scale PV rollout in 2020 Rystad Energy: 2020 will be a record year for Australian renewable energy developmentlast_img read more