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Clear CEO on privatizing the TSA
Bloomberg Television· 2026-04-06 16:52
What do you think about privatizing the TSA. >> In the budget that was released last week, the Trump administration talked about privatization. It is something that we advocate very strongly for.The power of public private partnership is really important. These e-gates we were able to roll out or we are rolling out at no cost to taxpayers. So we've got to drive innovation and we've got to let the private sector do what they do well, which is innovation and procurement and speed and customer experience.where ...
Cadiz Mojave Groundwater Bank Northern Pipeline Project Selected to Submit Application for $194 Million WIFIA Loan
Prnewswire· 2026-02-17 14:46
Core Insights - The U.S. Environmental Protection Agency has selected the Mojave Groundwater Bank – Northern Pipeline Project to apply for a low-interest loan of up to $194 million under the WIFIA program, aimed at funding capital costs for significant water infrastructure projects [1] - The project is expected to enhance water supply flexibility and drought resilience for millions of Californians by interconnecting the Colorado River and California State Water Project systems [1] - The company plans to finance the project through a combination of equity capital, government grants, municipal financing, and low-interest debt programs, including WIFIA [1] Funding and Financial Structure - The EPA has reserved $194 million for the Northern Pipeline Project, allowing the company to advance its application through the WIFIA underwriting process [1] - The company is also in discussions with private equity investors to secure up to $400 million for the project, alongside a $51 million investment from Lytton Rancheria as part of a larger $450 million equity capital raise [1] - The financing strategy includes seeking additional WIFIA funding for the Southern Pipeline and other project components [1] Project Overview - The Mojave Groundwater Bank is a conjunctive-use groundwater storage project located in southeastern California, designed to store an estimated 30 million acre-feet of groundwater [1] - The project is approved to provide a reliable annual supply of up to 75,000 acre-feet per year, in addition to one million acre-feet of imported water storage capacity [1] - The project aims to address the impacts of climate change on clean water access through innovative water supply, storage, pipeline, and treatment solutions [1]
Brookfield CEO on $80B nuclear deal with U.S. government
CNBC Television· 2025-10-29 15:43
Nuclear Energy Investment & Development - Brookfield is involved in an $80 billion investment into new nuclear plants in the United States [1] - The US government is buying $80 billion of nuclear plants from Brookfield and Westinghouse [4] - The first nuclear plant rebuild in South Carolina is expected to be operational by 2030 [5] - Future nuclear plant construction is estimated to take 6-8 years, with hopes of reducing the time through experience and supply chain improvements [6] - Nuclear energy is considered a clean, efficient, and safe baseload power source, essential for future energy needs [8] Public-Private Partnership & Government Support - The US government is backing the nuclear initiative to re-industrialize the business in America [3] - The current US government is focused on less regulation, more business, and lower taxes, supporting investments that re-industrialize American businesses [5] - The US government is financing the $80 billion nuclear plants [4] Energy Demand & Future Outlook - The energy use is expected to double, or potentially more than double, in the next 15 years [8][9] - All power sources, including solar, gas, nuclear, and hydro, are needed to meet the increasing energy demand [9] - Data centers are now consuming enormous amounts of power, with some customers requiring 1 gigawatt for a single data center, representing a $50 billion investment for an AI factory [11][12]
US and China Compete for AI Lead
Bloomberg Technology· 2025-07-25 18:23
Government Initiatives & Public-Private Partnerships - The administration's action plan is seen as a strong foundation, acting quickly to address key issues, particularly in staying ahead of China [1] - A public-private partnership is crucial, with the government streamlining regulations and the private sector providing capital and development [2] - The President has made this a top priority, giving a federal mandate to agencies to act [9][10] Industry Focus & Priorities - The focus is on energy, chips, and deregulation, with a noticeable absence of software representation on stage [3] - Rebuilding American manufacturing is essential for dominance, highlighting the importance of hardware capabilities, energy, chips, and land for true AI [5][6] - The event focused on the right things, emphasizing the need for hardware capabilities alongside software [5][6] Startup Opportunities & Access - Startups in energy, finance, defense, and healthcare are expanding beyond software, requiring new capabilities [4] - There's a need to ensure startups have access to the federal government, not just traditional partners and vendors [8] - General Catalyst has facilitated meetings between their portfolio companies (healthcare, defense, and industrial startups) and government agencies, including the White House, Congress, and DOD [7][8] Government Responsiveness - Government agencies are cutting red tape and becoming more businesslike, making it easier for startups to engage [8] - The President's direct involvement and the presence of cabinet members indicate the importance placed on these initiatives [9]