Reuters noted that SPPD Senior Fellow Richard Little spoke at the Reuters Infrastructure Summit about a possible national infrastructure bond fund. Little's idea for such a fund seemed odd to officials in Washington a year ago, he said. Now they are giving it a second look, in light of the trillions of dollars in infrastructure work the U.S. may require in coming decades, Little added. "Why not create a vehicle where the federal government could issue infrastructure bonds?"
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Reuters noted that SPPD Senior Fellow Richard Little spoke at the Reuters Infrastructure Summit about a possible national infrastructure bond fund. Little's idea for such a fund seemed odd to officials in Washington a year ago, he said. Now they are giving it a second look, in light of the trillions of dollars in infrastructure work the U.S. may require in coming decades, Little added. "Why not create a vehicle where the federal government could issue infrastructure bonds?"
More than a decade ago, when sustainability issues were still a specialized curiosity, USC School of Policy, Planning, and Development professor Daniel Mazmanian turned his attention to the emergence of locally-based environmental policies in several communities and regions across the nation.
Appearing on a panel at the Financial Times' Asia Infrastructure Summit, Richard Little addressed the question of whether private investment in infrastructure could be Asia's highway to economic growth. Little is a senior fellow at the USC School of Policy, Planning, and Development and director of the Keston Institute for Public Finance and Infrastructure Policy.
Adam Rose, research professor at the USC School of Policy, Planning, and Development and coordinator for economics at the USC Center for Risk and Economic Analysis of Terrorism Events (CREATE), was appointed in March to the committee on National Earthquake Resilience - Research, Implementation, and Outreach. The committee is part of the National Research Council, which operates under the National Academy of Sciences (NAS).
According to the NAS, the committee aims to develop a viable "road map" for earthquake hazard and risk reduction in the United States. The project is sponsored by the National Institute of Standards and Technology.
The road map will be framed around the "objectives for achieving national earthquake resilience in public safety and economic security stated in the ... strategic plan of the National Earthquake Hazard Reduction Program (NEHRP) submitted to Congress in 2008," the NAS Web site states.
One of the committee's specific goals is to host a national workshop centered on evaluating the basic and applied research, seismic monitoring, knowledge transfer, implementation, education, and outreach activities needed to achieve national earthquake resilience over a 20-year period.
Dr. Rose joins 10 other leading national scholars in the area of natural hazards. His expertise in the area of disasters includes modeling the economic consequence of natural hazards and terrorism, resilience and mitigation.
» Click here for more information on the project.
Los Angeles' "transportation transformation" was the subject of a recent panel discussion hosted by the USC School of Policy, Planning, and Development. The event took place at the downtown headquarters of the Los Angeles County Metropolitan Transportation Authority (MTA). It was the third event in the SPPD Dean's Speaker series, which has focused on the revitalization of Los Angeles.
With cargo flow down about one-third since last year, port stakeholders packed the 10th METRANS Town Hall meeting on March 11 in Long Beach. More than 1,000 people, including longshore workers, terminal operators, logistics providers and elected officials, attended the event. The topic was how to make the San Pedro Bay ports competitive and protect high-paying local jobs.
The Los Angeles Times quoted SPPD Adjunct Professor Michael Woo about how rising sea levels could affect California. "The rising sea level could be California's version of Hurricane Katrina," Woo said. "Taxpayers and insurance ratepayers might question their responsibility to help homeowners and businesses which knowingly build in high-risk coastal areas," he noted. Woo is a Los Angeles planning commissioner, the story reported.
The USC School of Policy, Planning, and Development and the World Bank signed an agreement designed to merge scholarly research and specific program initiatives to address sustainable development in the East Asia and Pacific Region. The signing ceremony took place during a conference in Washington, D.C., focusing on challenges facing megacities in the developing world.
Agence France-Presse quoted Sherry Bebitch Jeffe about California Gov. Arnold Schwarzenegger embracing progressive environmental policy. "At this point in time, the only legacy that he can hope for is the area of the environmental reform," Jeffe said. "The budget problem will override everything. But he can attempt to use this issue to grab the attention and change the subject for a little while. He's got nothing left, quite frankly."
The USC School of Policy, Planning, and Development marked its 80th anniversary by hosting a special colloquium Jan. 16 at the Davidson Conference Center. During the conference, Dean Jack H. Knott noted that SPPD remains dedicated to advancing academic theory and making a vital impact in the world.
The USC School of Policy, Planning, and Development signed a formal agreement to participate in Fellows/USA, the Peace Corps' graduate fellowship program. This agreement will enable former volunteers to pursue a graduate education in public administration, public policy, urban planning, health administration and real estate development.
Taught by Professor Daniel Mazmanian, a new class at the USC School of Policy, Planning, and Development gave graduate students an introductory overview of key sustainability issues along with the chance to meet with environmental policymakers, chat with "green business" entrepreneurs, and measure their own carbon footprints.
The New York Times published a statement on infrastructure stimulus spending, signed by SPPD's Richard Little and Mark Pisano and 24 other infrastructure experts. "A new approach is needed that establishes a new level of accountability, transparency, and economic and environmental performance for how this country invests in infrastructure projects," the experts wrote. "We should only invest in projects that achieve job creation in the short run while creating the foundation for long-term economic success and energy independence." Little is director of the USC Keston Institute for Public Finance and Infrastructure Policy, and Pisano is a senior fellow at SPPD.
The California Real Estate Journal quoted Associate Professor Gary Painter about a new report warning of a $2.5 trillion risk to real estate posed by global warming. Rising losses from damage and destruction of buildings and land presumably will lead to higher insurance premiums, the story stated. "What's clearly going to happen is, as various places in California experience greater risk over time, you'd expect that to be reflected in higher prices," Painter said.
The San Diego Union-Tribune quoted SPPD Senior Fellow Sherry Bebitch Jeffe about how Barack Obama's election affects Gov. Arnold Schwarzenegger's legacy. Obama's election "really saves Arnold's legacy," Jeffe said. "He can now focus on the environmental issues that are so dear to him and he'll have a much better chance of a positive response from the feds," she explained. "He's got a buddy in the White House who's not about to tell California to drop dead if they want to tighten their own standards."
The impact of Hurricane Katrina continues to be felt in the New Orleans region and beyond as researchers and policymakers examine what went wrong and how to deal with the effects of a similar disaster in the future. The latest contribution comes from a team of professors at the USC School of Policy, Planning, and Development, who edited and wrote chapters for Natural Disaster Analysis After Hurricane Katrina: Risk Assessment, Economic Impacts and Social Implications.
Dr. Louise Nelson Dyble, associate director for research at the USC Keston Institute for Public Finance and Infrastructure Policy, recently received the American Public Works Association (APWA) Michael Robinson Award for her article, "Revolt Against Sprawl: Transportation and the Origins of the Marin County Growth-Control Regime."
METRANS celebrates 10 years of research and education on metropolitan transportation. For the past decade, the center has aimed at "generating the highest quality basic and applied research," according to METRANS Director Genevieve Giuliano, professor and senior associate dean at the USC School of Policy, Planning, and Development.
SPPD Associate Professor Catherine Burke wrote an op-ed for the Los Angeles Times about improving mass transit with "podcars." These personal rapid transit vehicles would provide on-demand, private, nonstop travel on small, overhead guideways above existing roads, Burke wrote. "Podcars offer a new kind of service, providing the convenience of an auto without the negatives for the individual - costly to purchase plus high costs for gasoline, insurance, maintenance and parking. For society, podcars would reduce the use of petroleum as well as pollution, congestion, accidents, injuries and deaths," she noted. "With governments in Europe and South Korea already supporting this development, the U.S. needs to get onboard and begin test runs on the podcar designs being created in this country."
Richard Little is among panelists at a conference on sustainability at Arizona State University, a story in the Arizona Republic reported. Little directs the USC Keston Institute for Public Finance and Infrastructure Policy, the story noted.
SPPD Assistant Professor Lisa Schweitzer was quoted in the Los Angeles Times about transportation policy and the presidential election. "I think both sides of the political spectrum agree that Americans' consumption patterns have to change," Schweitzer said in a story on USC's Election 2008 Web site, cited by the Times. "For example, we had President Bush's 'addicted to oil' comments in his State of the Union address a few years ago. Barack Obama has transit in his platform, and John McCain's platform includes advanced transportation technologies to deal with both energy and climate change. Everybody sees the writing on the wall clearly enough; the devil is in the implementation."
Sherry Bebitch Jeffe, senior fellow at the USC School of Policy, Planning, and Development, was quoted in the Congressional Quarterly about congressional efforts to permit offshore oil drilling. Relentless Republican attacks on Democrats regarding the issue have hurt Democrats, who have been slow to counter them, Jeffe said. "It's interesting to me that it's taken so long [for Democrats] to figure out how to come back on this without giving in on offshore drilling," she said.
A Los Angeles Times column cited an op-ed by Robert Tranquada, professor emeritus of the USC School of Policy, Planning, and Development and the Keck School of Medicine. Los Angeles County has lost 12 hospital-based emergency rooms in the last decade, and 11 of 23 trauma centers have closed in the last 20 years, Tranquada wrote. Capacity for emergency medical care has been shrinking, and the recent earthquake should be a wake-up call for many who are not prepared.
Research Centers and Groups
METRANS is a U.S. Department of Transportation University Transportation Center. It is a joint partnership of USC and California State University, Long Beach. Its mission is to solve transportation problems in large metropolitan regions through interdisciplinary research, education, and outreach. Its four areas of focus are goods movement and international trade; urban mobility; transportation infrastructure and finance; and safety, security, and vulnerability.
Affiliated with both SPPD and the USC Marshall School of Business, the USC Lusk Center conducts a broad array of research activities, conferences, forums, published reports, and educational programs. Established in the early 1980s, the center addresses issues and opportunities in real estate, development, planning, infrastructure, and finance in the new arena where public, private, and nonprofit interests converge. The Lusk Center also houses the Casden Real Estate Economics Forecast.
The National Center for Risk and Economic Analysis of Terrorism Events (CREATE) is an interdisciplinary national research center based at USC and funded by the U.S. Department of Homeland Security. CREATE's mission is to improve our nation's security through the development of advanced models and tools for the evaluation of the risks, costs, and consequences of terrorism and to guide economically viable investments in homeland security.
Research Contracts and Grants
Sponsor: Office of Naval Research
Amount Awarded: $1,567,169.14
Sponsor: Office of Naval Research
Amount Awarded: $1,454,881.71
Sponsor: Office of Naval Research
Amount Awarded: $1,317,718.00
Sponsor: State University of New York
Amount Awarded: $31,249.99
Sponsor: State University of New York
Amount Awarded: $24,502.00
Sponsor: Rand Corporation
Amount Awarded: $100,000.00
Sponsor: Department of Transportation
Amount Awarded: $816,600.00
Sponsor: California Department of Transportation (CALTRANS)
Amount Awarded: $2,807,356.00
Sponsor: U.S. Department of Transportation
Amount Awarded: $4,957,002.83
Sponsor: California Department of Transportation (CALTRANS)
Amount Awarded: $89,976.00

