Don’t let the opportunity for a green stimulus go to waste.
The economy crashed during the lockdown. Although a recovery has begun, government action will probably be needed to sustain it. We should seize this opportunity to make progress on sustainability. It’s hard to know the long-term economic impact of the pandemic. As Nobel-prize winning economist Robert Schiller has said, “Big events like a pandemic have …CONTINUE READING
[youtube=http://www.youtube.com/watch?v=WJhM3BpBPp8] Fresh from a State of the Union Address that focused heavily on domestic economic issues, President Obama and Vice President Biden journeyed to Tampa, Florida last week to announce federal support–and $8 billion in government funding–for high speed rail projects across the country. That’s a most welcome development. American train buffs who’ve traveled in …CONTINUE READING
The American Recovery & Reinvestment Act, better known as the economic stimulus package, throws 11 billion dollars at infrastructure development to support renewable energy, particularly improvement and expansion of transmission grids. It’s characterized as a win-win scenario, getting people back to work while smoothing the way for substantially less carbon-intensive energy generation. That’s quite a …CONTINUE READING
This is of more interest to a limited audience than the general public so I’m putting all the details after the “keep reading” tag. If you’re a researcher, however, you should keep reading.The American Association for Advancement of Science (AAAS) has provided a summary of the R&D items of the appropriations. Below are some of …CONTINUE READING
Like any good observant lapsed Jew, I’m always on the lookout for tasty pork. But as Jonathan discussed on this blog, the highway pork in the stimulus bill is looking most unsavory — especially relative to the sweeter meats of public transit funding. No doubt, money for public transit agencies would go a long way …CONTINUE READING