ASCE: "Failure to Act" has devastating consequences

04/27/2012 | Washington Post, The · Greentech Media

Without new investments in energy facilities, the aging electrical grid will cost U.S. households and businesses about $200 billion by 2020, will reduce the country's gross domestic product, cause power interruptions and cost more than 500,000 jobs, according to "Failure to Act, a report by the American Society of Civil Engineers. The country will also face a $107 billion grid investment gap by 2020 if current trends continue. Drinking water and wastewater systems also need upgrades.

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Washington Post, The · Greentech Media

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