|Report: Public Transportation Investment Will Lead to Energy Cost Savings|
APTA has joined the Alliance to Save Energy’s Commission on National Energy Efficiency Policy in supporting the commission’s goal of doubling U.S. energy productivity by 2030. The commission released its report containing recommendations toward achieving that goal, Energy 2030: Doubling U.S. Energy Productivity, at a Feb. 7 event in Washington, DC.
According to the report, investing $79 billion in more productive transportation systems, including public transportation, would allow the U.S. to save $218 billion in energy costs by 2030, for a net savings of $139 billion.
“The commission’s report looks at the full range of measures to increase energy productivity, and expanding public transportation choices is considered a central element in a comprehensive, forward-looking, and transformative national strategy for energy productivity,” said APTA President & CEO Michael Melaniphy, who also serves as a commissioner on the bipartisan panel. “Investing in public transportation has the dual benefit of improving energy productivity while creating jobs.”
The report shows that improved energy productivity in the U.S. can result in producing more goods and services and using less energy. This will result in cost savings, job creation, and reducing energy waste.
Melaniphy also noted that investing in public transportation will help the U.S. move toward the commission’s goal of creating 1.3 million jobs by 2030.
The commission—chaired by Sen. Mark Warner (D-VA), and Tom King, president of the National Grid—worked for a year to identify the most impactful bipartisan energy policy solutions. Public transportation was a key element in their strategy.
“To make these recommendations come to life, Congress can embrace a closer linkage between transportation policy and energy policy by investing in energy-efficient transportation infrastructure like public transportation,” said Melaniphy. “Greater federal investments in public transit can be the catalyst for state governments, local/regional governments, and the private sector to also provide resources. Incentives to promote productive energy development patterns will help underpin good public transportation and will facilitate regional and local plans to create jobs and improve energy productivity.”
More information about the commission is available here.
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