Rick Geddes is a nonresident senior fellow at the American Enterprise Institute, the founding director of the Cornell Program in Infrastructure Policy, an economics professor, and a professor at the Jeb E. Brooks School of Public Policy at Cornell University. Jeff Weiss is Executive Chairman of Distributed Sun and truCurrent, and a member of the Advisory Board of the Cornell Program in Infrastructure Policy.
Taxpayers today are being asked to invest billions of dollars to upgrade aging infrastructure and replace it with new, green technologies and energy sources. This investment would...