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Domestically Sourced Raw Materials For Infrastructure: Testimony By Cathleen Kelly.pdf

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Preview of Domestically Sourced Raw Materials for Infrastructure: Testimony by Cathleen Kelly
🔗 Source: naturalresources.house.gov
📊 Size: 255 KB
📄 Pages: 9 pages
⬇️ Downloads: 865

Summary

Cathleen Kelly, Senior Fellow for Energy and Environment at the Center for American Progress, addresses the Subcommittee on Energy and Mineral Resources regarding the importance of domestically sourced raw materials for infrastructure projects. Her key points include:

1. Climate Change and Extreme Weather Impacts: Rising global temperatures and more frequent extreme weather events pose significant threats to U.S. infrastructure, increasing maintenance costs and leading to more frequent repairs and rebuilding. Examples include damage from Superstorm Sandy, Oroville Dam breach, and catastrophic flooding in Colorado and Louisiana.

2. Economic Costs of Inaction: According to FEMA, the U.S. has spent over $48.6 billion on Public Assistance Grants since 1998 for infrastructure damaged by floods. Climate change is expected to drive up annual federal disaster recovery costs by billions of dollars by mid-century.

3. Benefits of Investing in Resilient Infrastructure: Companies and state/local leaders are proactively investing in resilient infrastructure to mitigate future risks and reduce costs. A Multihazard Mitigation Council report finds that every $1 invested in disaster risk reduction saves $4 in future costs. Major corporations like Exxon Mobil and utilities are adapting to climate change, demonstrating the fiscal responsibility of proactive measures.

Kelly argues that Congress should design an infrastructure package that addresses climate change risks, ensuring safer and more cost-effective infrastructure for Americans.

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Description

Cathleen Kelly, Senior Fellow at the Center for American Progress, testifies on the importance of domestically sourced raw materials for infrastructure projects, emphasizing Americans' expectations for safe and reliable infrastructure. She highlights the need for sustainable sourcing to ensure critical resources for vital public and private sector dependencies.

Technical Information

  • File Format: PDF
  • File Size: 255 KB
  • Pages: 9
  • Language: EN
  • Total Downloads: 865
  • Last Updated: 5 days ago

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