Dodd Convenes Hearing to Examine Strategies for Sustainable Development

With reports this morning that the average price of gasoline in America has risen to $2.66, and in Connecticut alone prices are up 30 cents since last month, Senator Chris Dodd (D-CT), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, convened a hearing entitled Greener Communities, Greater Opportunities: New Ideas for Sustainable Development and Economic Growth."

Each year Americans spend billions of hours stuck in traffic, wasting billions of gallons of gasoline. Earlier this year, Dodd sent a letter to President Obama urging him to establish a White House Office of Sustainable Development to coordinate housing, transportation, energy, and environmental policies.

The Committee will discuss how such a comprehensive approach to development could best address a number of serious problems facing the nation the costs of traffic congestion, a lack of affordable housing, and the threat of climate change.

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