The Economist (March 22)
“Global spending on basic infrastructure—transport, power, water and communications—currently amounts to $2.7 trillion a year when it ought to be $3.7 trillion. The gap is almost as big as South Korea’s GDP. And it is likely to grow fast.” To close the gap, governments need to step forward, and new ways need to be found to coax private capital investment in infrastructure.
Tags: Communications, Gap, GDP, Government, Infrastructure, Investment, Power, Private capital, South Korea, Spending, Transport, Water
The Los Angeles Times (January 26, 2014)
After three years of severe drought, Californians are being asked to cut water usage by 20%. The drought, billed as the worst in over a century, “serves as a reminder of the urgent need for action—to plan, to conserve, to store, to reuse, to transport and to share the state’s most precious resource.”
Tags: Action, California, Conserve, Drought, Plan, Reminder, Reuse, Severe, Share Resources, Store, Transport, Urgent need, Usage, Water
