He also would create an "infrastructure reinvestment bank" that would finance $60 billion in high-speed railways, energy grids and other projects over 10 years.
The nation's infrastructure, he said, will have to "shift from 20th-century models of transport and energy transmission to rapid bus, ubiquitous broadband, congestion pricing, smart grid, high-speed rail and intelligent transport".
According to the latest statistics from the North American Synchrophasor Initiative (NASPI), there are almost 2000 commercial-grade PMUs installed across North America, and many local and regional PDCs collecting real-time, high-speed, time synchronized power grid information [8].
It is still 4-6M guaranteed jobs, paid back with dams, roads, bridges, green energy, fiberoptic cable, electric grid, high-speed rail, and so forth.
It was the second profit warning in three months, amid a series of problems within its high-speed trains business and offshore grid connection projects in the North Sea.
Some of that may be for an "advanced" electric grid or "high-speed" rail but an awful lot will go to old-fashioned coal trains and basic high-voltage transmission lines.
The stimulus program has encompassed projects including a national grid of high-speed train routes and the construction of thousands of roads and bridges by municipalities, towns and villages.
Within this framework, he has suggested strengthening the ties between the east and west of a vast, thinly populated country through a better electricity grid, a high-speed railway from Windsor to Quebec City and a national child-care programme.
We could certainly use a bunch of high-speed trains, a smart electric grid, highway and water-main upgrades and so forth, but only government can pay for those things, and to do that, you have to either tax or borrow.
We describe here two services that we believe are fundamental to any Data Grid: reliable, high-speed transport and replica management.
