March 26, 2021
Peter Moore, P.E., F.ASCE, ENV SP, LEED AP
President, Chen Moore and Associates
Last week: This past Tuesday, it was a little breezy in South Florida, but in Egypt, there were sandstorms hitting with 50 mph gusts. Why is that important? Because that day, the Ever Given, one of the world’s largest ships, lost power and became grounded at an angle, effectively blocking the Suez Canal. A very important trade route, this blockage impacts nearly 100 ships a day. This may have impacts to oil pricing in Europe and may delay semiconductor delivery in the United States. Next time someone brings up infrastructure, please don’t forget just how interconnected this world is.
Looking ahead: As the details of President Biden’s Build Back Better infrastructure stimulus come to light, it appears that an infrastructure package would include roughly $1 trillion for roads, bridges, rail lines, electrical vehicle charging stations and the cellular network, among other items. The goal would be to facilitate the shift to cleaner energy while improving economic competitiveness. I’m a pretty fiscally conservative person, but I know that the design and construction of infrastructure improvements like these has a significant return on investment that extends well past those in the hard hats. Let’s embrace infrastructure as our future.