John Arnold, expert in infrastructure and development, discusses the challenges of building in America. He explores red tape, permitting issues, congestion pricing, and housing obstacles. Arnold Ventures works on policy solutions for domestic development, focusing on bipartisan support and innovative solutions. The podcast delves into historical context, policy implementation challenges, and the complexities of permitting reform in the US.
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Quick takeaways
Permitting processes hinder infrastructure projects, requiring reforms for efficiency.
YIMBYism poses challenges for new housing construction in America, necessitating innovative solutions.
Deep dives
Sevens in Culture Inspire BMW i7 Features
The all-electric BMW i7 draws inspiration from the prevalence of sevens in culture, offering innovative features like automatic opening doors and a 31-inch theater screen for a unique driving experience.
Controversy Surrounds New York City Congestion Tax
The sudden cancellation of the proposed congestion tax by Governor Kathy Hochul sparks debate on the challenges of public policy decision-making, highlighting the complexities and shortcomings in long-term planning and policy execution.
Arnold Ventures' Philanthropic Focus on Public Policy Solutions
Arnold Ventures, co-chaired by John Arnold, adopts an evidence-based approach to address critical public policy issues, focusing on sustainable, scalable structural changes through research, evaluation, and advocacy in areas like energy, criminal justice, and infrastructure.
Challenges in Permitting and Infrastructure Building
Discussions delve into the obstacles faced in permitting processes for infrastructure projects, emphasizing the need for reforms to streamline the system, address trade-offs between reliability and affordability in energy grids, and navigate political and environmental considerations in policy decision-making.
Virtually everyone, across the ideological spectrum, has the view right now that it's too hard to build things (or get things done generally) in America. New infrastructure is thwarted by red tape and permitting. New housing is thwarted by YIMBYism. Even something that doesn't require much new construction -- like NYC's attempt to impose congestion pricing -- is difficult to get done after years and years of wrangling. What is the core problem? And what can be done to address it? On this episode, we speak with John Arnold, who started his career as an energy trader at Enron, before going on to found a highly successful energy hedge fund. Now in his role as the co-founder of Arnold Ventures, he works on policy solutions to address these key bottlenecks. We discuss how he goes about philanthropy to affect policy change, the problems he's identified, and what solutions could be put in place to improve domestic development.