Business Case for H2O Infrastructure Webinar w/special guest Senator Reed (D- RI)
What’s the business case for investing in our deteriorated water infrastructure now? Past generations’ investment in U.S. municipal water systems have given us reliable, plentiful clean drinking water and sanitary waste disposal. But across the country, much of our infrastructure for managing wastewater and providing drinking water is inadequate, obsolete or seriously deteriorated. Despite our growing need, federal per capita spending on water infrastructure has dropped from $76 per person in 1977 to just $11 per person in 2014! Continued failure to address this major, essential infrastructure problem is increasingly detrimental to our economy and businesses nationwide.
The US is currently projected to lose $732 billion in business sales by 2029 and over $4.5 trillion by 2039; with 636,000 jobs lost each year by 2039, just from service disruptions and increasing services rates! These losses don’t even include the damage failing water infrastructure poses to the US economy through hazardous pollution and destructive flooding.
The business case for investing in our water infrastructure now – not someday – is clear. The return will be significant job creation, a better competitive position for U.S. businesses, and resilient economic growth.
Learn more: Join ASBC, Environment America, Susan Harris of Cerulean, LLC and Senator Jack Reed (D – Rhode Island) on November 19 for a special webinar on how failing water infrastructure endangers our businesses and the economy and how we can fix this problem before the cost is insurmountable. Government listens to business, so learn the facts!