"What's an $800 Billion Stimulus Worth?"

Environmental Economics

Worth a read at The Economist's Voice : What's an $800 billion stimulus worth? The environmental angle is the assumption that the projects the stimulus was spent on had benefits greater than costs which is likely not true (e.g., Negative $475 billion, according to Burton A. Abrams of the University of Delaware. The idea is to do a back-of-the-envelope benefit-cost analysis. The benefits are the short term macroeocnomic effects.

Now there's a stimulus package I can support

Environmental Economics

It's the brewery as economic stimulus: a formula even a frat boy could love. But in fact, mounting evidence suggests that beer in particular, and the beer industry that surrounds it, may be as good for growth as excess sobriety. In some of the world's toughest investment climates, beer companies today are building factories, creating jobs, and providing vital public services, all in the pursuit of new customers for a pint.

Estimating the cost per job created or saved from the ARRA stimulus in North Carolina

Environmental Economics

Beware that I'm using arithmatic below ( Stimulus brings boost not bounty ): A 2.3-mile stretch of road that bridges the Neuse River is set to open this week in Johnston County - a sliver of the $19.4 billion in federal stimulus money being spent in North Carolina. There are no precise numbers on how many jobs were created or preserved in North Carolina by the stimulus package.

Better Place Chosen for Hawaiian Stimulus Funds

Green Prophet

million in stimulus funds in a public private partnership in electric vehicle infrastructure planned since 2008 to help jump start the adoption of electric vehicles. Hawaii has just invested $2.6 Better Place, with $854,000, and Aerovironment with $820,000 were the leaders among six road-ready electric vehicle innovators to receive a share of the funding. … [ visit site to read more ]. Cars & Transportation electric cars Middle East sustainable cities Sustainable Development

DOE Announces Recipients of Smart Grid Stimulus Fund

Green Life Smart Life

Tagged: American Reinvestment and Recovery Act, Department of Energy, Florida Power and Light, Green, President Obama, smart grid, Smart Grid adoption, Smart Grid stimulus grants. Tags: Energy Green American Reinvestment and Recovery Act Department of Energy Florida Power and Light President Obama smart grid Smart Grid adoption Smart Grid stimulus grants

How the next coronavirus stimulus could be a win-win for cruise lines and the environment

AGreenLiving

Go here to see the original: How the next coronavirus stimulus could be a win-win for cruise lines and the environment. As the federal government seeks to bail out the industry, environmental advocacy organizations urged Congress to ensure that any financial aid for cruise lines come with strings attached. Business Green come-with congress covid-19 emissions reduction industry shipping the-federal the-industry tourism zero-emissions

National Grid Applies for $200 Million in Stimulus Funding for Largest Collective Smart Grid Project in the Northeast

Green Life Smart Life

Department of Energy for $200 million in stimulus funding to develop an “end-to-end” smart grid deployment that will include approximately 200,000 customers in New York, Massachusetts and Rhode Island. Tagged: enegy stimulus funds, Energy, National Grid, smart grid, smart grid technology, stimulus funds. Tags: Green enegy stimulus funds Energy National Grid smart grid smart grid technology stimulus funds

Using the Stimulus Package

Living In a Toxic World

The stimulus package has passed for better or worse. Treehugger has a slideshow outlining how you can use the stimulus tax credits. While the stimulus will help in these areas I hope that we can get away from subsidies for everything and just be responsible environmentally and fiscally. Whether it works as advertised will be up to history. But right now you can use it for yourself.

Environmental Economics: My name is Kingof Socks

Environmental Economics

» March 22, 2011 My name is Kingof Socks We got us some stimulus funds !

2011 126

Which Utilities Top the Smart Grid Deployment List?

Green Life Smart Life

Department of Energy for $200 million in stimulus funding to develop an “end-to-end” smart grid deployment that will include approximately 200,000 customers in New York, Massachusetts and Rhode Island. Tagged: Bluebonnet Electric, energy efficiency, green technology, grid transformation, National Grid, Rhode Island, smart grid, stimulus funds. Rick Nicholson and H.

30% Direct Reimbursement from U.S. Government for Renewable Energy Projects

Green Living Ideas

Tags: Alternative Energy American Recovery and Reinvestment Act govenment grants renewable energy solar power stimulus package tax credit wind power

GE, Whirlpool, Others Launch Smart Green Grid Initiative

Green Life Smart Life

Tagged: Demand Response and Smart Grid Coalition, Energy, energy efficiency, energy management, Green, smart grid, stimulus funds, Whirlpool. Tags: Energy Green smart grid Demand Response and Smart Grid Coalition energy efficiency energy management stimulus funds Whirlpool

2009 40

A new feature of env-econ.net is a sequester casualty

Environmental Economics

Issa labeled it as an attempt to justify the $90 billion in loans, tax incentives and grants President Obama set aside for clean-energy and transportation programs through the 2009 federal stimulus. But clean-energy advocates contend the industry is going through a period of rapid growth, crediting the president’s policies and the stimulus for many of those gains.

2013 146

World Cup economics

Environmental Economics

There is a large literature that shows that mega-event investment is lousy stimulus : Brazil is looking to the FIFA World Cup, starting next week, to jumpstart its sluggish economy as millions of tourists traverse the country to see the games. However, analysts warn that the World Cup likely won’t provide any long-term economic stimulus, when the additional revenue won’t reach the levels needed to sway a $2.2

£3.3 trillion fossil fuels subsidies by G20 countries since Paris Climate Agreement

Low Impact

The Covid-19 health and economic crisis could make this situation even worse as governments decide on whether to spend trillions on rescue packages for fossil fuel and high-carbon industries as well as on stimulus packages to re-start their economies.

"Cash for Clunkers: An Evaluation of the Car Allowance Rebate System"

Environmental Economics

Ted Gayer and Emily Parker (emphasis added): The Car Allowance Rebate System (CARS) or “cash for clunkers” program, launched during the height of the recession with the intention of stimulating the economy, creating jobs, and reducing emissions, was actually far more expensive per job created than alternative fiscal stimulus programs.

2013 145

Daily Demand and Supply: Let's hear it for 'The Boy'

Environmental Economics

It's an economic stimulus and a recession-maker. In California, they're counting on it to end a historic drought; in Peru, they've declared a pre-emptive emergency to prepare for devastating flooding. And it's likely to increase the price of coffee, chocolate and sugar. It's El Niño — most likely, the largest in well over a decade, forecasters say. A lot more than mere weather, it affects lives and pocketbooks in different ways in different places.

2015 158

The broken window fallacy

Environmental Economics

  Progressives should view climate change as creating a Keynesian stimulus. From Matt Kahn (who I think is being subtley snarky on progressives): One person's challenge is another person's opportunity.  To rephrase this point, there is demand and supply.  As the cold regions of the country have experienced heavy snowfall, this has  created jobs for guys to clean  it up and opportunities for guys  who sell salt.

2014 131

"Depression Economics and Climate Policy"

Environmental Economics

Second, it is a reach to say that environmental policy can act as Keynesian stimulus. It is investment spending that replaces a broken window (here is what I said last June [and here] when Krugman made a similar claim about environmental policy and Keynesian stimulus). Paul Krugman: Ross Douthat attempts to justify the reform conservative backdown on climate policy; John Quiggin isn’t persuaded.

Marginal Revolution: Why they call it Green Energy

Environmental Economics

But still, this subsidy smells inefficient in addition to contributing to an ineffective stimulus (snark: makes me think the stimulus just wasn't big enough Did I really stay up until midnight and watch the Braves lose in 13 innings, after leading in the ninth, and get knocked out of the playoffs? Anyway.

2011 116

I’ve got a book deal. I’d like to ask for your advice about how to deliver the message.

Low Impact

The Covid pandemic provided the stimulus to bring together a group of specialists to form ‘ Mutual Credit Services ’ (new website coming soon). The scarcity of money caused by the Covid lockdowns will provide a stimulus to this change.

2020 73

Two thick and juicy boneless white meat chicken filets (Original Recipe®), two pieces of bacon, two melted slices of Monterey Jack and pepper jack cheese and Colonel's Sauce

Environmental Economics

Note: It might also be similar to doubling the fiscal stimulus when the first one didn't really work Double down? The bankruptcy of California-based Solyndra underscores the need for the United States to double down on investments in clean energy, Jonathan Silver, the executive director of the Energy Department’s Loan Programs Office, will argue Wednesday during an oversight hearing in front of a House Energy and Commerce Committee panel. via thehill.com.

2011 146

Governor Schwarzenegger Launches the California Green Corps

Green (Living) Review

State To Utilize Federal Economic Stimulus Funds & Public-Private Partnerships For Green Jobs Training Sacramento, Ca., March 2009 : Immediately after meeting with President Obama's Secretary of Labor Hilda Solis in Sacramento to discuss federal economic stimulus funding and job creation, Governor Arnold Schwarzenegger today launched the California Green Corps. Investing at least $10 million in federal economic stimulus funding from the U.S.

Big in 2021: American jobs created by EV companies

AGreenLiving

Even before Joe Biden has formalized any green stimulus plans, the EV industry in the U.S. Despite not knowing what Biden’s green stimulus will look like, the administration already has signaled that the automakers could be a big part of a recovery.

Conservative economists heart carbon taxes

Environmental Economics

They’re more likely to see the revenue as an opportunity to extend government services, subsidize alternative energy, or, in the current economic environment, pursue some other form of stimulus.  According to the National Journal : A number of the nation’s leading conservative economists, who as a rule do not like taxes, are touting some benefits to a federal carbon tax. That group includes Gregory Mankiw, a former Romney adviser and George W.

John Thackara: ‘Strange’ ideas don’t sound so strange in strange times

Low Impact

It just needs a stimulus to get it spreading. I think the economic effects of Covid lockdowns could be just the stimulus. This is part 2 of a conversation with John Thackara.

US Stock Index Futures Experience Falls Across the Board

Green Prophet

It is thought that a number of other stimulus plans could help to boost the market in the near future. Early Thursday saw stock index futures in the US fall across the board, with fluctuations experienced as bond yields eased.

Renewables hands-down cheaper than coal, new report

Green Prophet

It would also yield an investment stimulus of USD 940 billion, which is equal to around 1% of global GDP. “We

2020 72

Big in 2021: American jobs created by EV companies

AGreenLiving

Even before Joe Biden has formalized any green stimulus plans, the EV industry in the U.S. Despite not knowing what Biden’s green stimulus will look like, the administration already has signaled that the automakers could be a big part of a recovery. Granholm worked closely with the Obama administration and the auto industry throughout the green stimulus program following the 2008 financial crisis.

I don't care about the lives saved, just tell me how many jobs were created!

Environmental Economics

The current attempt to establish economic value stems from the federal stimulus measure of 2009, which led to a project known as Star Metrics. What is the economic value of research? From the Chronicle a few weeks ago: Just last week, at a budget hearing on Capitol Hill, a member of Congress cited a well-traveled number: $2.21. That figure, said Rep.

2014 169

I'm a macro forecaster

Environmental Economics

When asked to evaluate the 2009 stimulus, 77 percent of economics bloggers believe that it had a neutral or negative effect. From the inbox: (KANSAS CITY, Mo.), July 28, 2011 – Optimism is out; pessimism is in among the country’s top economics bloggers as they look to 2012 and beyond, particularly regarding jobs. A new Ewing Marion Kauffman Foundation survey released today shows that only 50 percent of respondents anticipate employment growth, a decrease of 20 percent from second quarter.

2011 122

I'm a twofer

Environmental Economics

All of these are legitimate things to propose, but the statement claimed the Republican list “will do more to boost private-sector job growth in America in both the near-term and long-term than the ‘stimulus’ spending approach favored by President Obama.” Off-the-beaten path AND a blogger.

2011 116

Can't I just have my million dollars and be left alone to do my very important and serious work?*

Environmental Economics

The flood of research money from the 2009 federal stimulus act and the growing federal deficit have increased demands for accountability among recipients of taxpayer dollars. By my estimates, I could have run 12% more regressions if it weren't for sponsored research paperwork: Florida State, which is still disputing the findings, is far from the only university to feel the sting of a federal audit in recent years.

2012 135

Clean Technology gets $300 Million from DOE

Green Living Ideas

The Department of Energy has just announced it will fund $300 million of its budget and stimulus funds for reducing clean energy costs, carbon capture, and improving the readiness of the green-collar workforce. Good news for the clean technology sector! The largest portion of the money, $240 million, comes from the DOE’s [.] Post from: Green Living Ideas. Clean Technology gets $300 Million from DOE. Related Posts. Technology and the Environment. Green Technology.

California Port Now Generates All Energy Needs From Solar

Eco Friendly Daily

The government has assisted in this plan with a $30 million federal stimulus grant. Due to pressures to reduce costs and reduce emissions, many businesses are turning to renewable energy. While wind energy is not always the answer, solar power is most often easily added to current buildings and installations. In order to reduce their costs and emissions, the entire Port of West Sacramento has turned to solar power.

Developing clean energy and protecting wild places

Sierra Club Compass

California''s vast desert region has been the focus of rapid large-scale renewable energy development for the past several years, aided by both California'' s aggressive 33 percent by 2020 renewable energy goal and federal stimulus funding. What does a plan to protect the often undervalued and misunderstood California desert and its wildlife have to do with moving the U.S. to a clean energy economy? Everything!

How to Shrink the Economy without Crashing It: A Ten-Point Plan

Green (Living) Review

Modern economies have been constructed to require growth, so that shrinkage causes defaults and layoffs; mere lack of growth is perceived as a serious problem requiring immediate application of economic stimulus. The human economy is currently too big to be sustainable. We know this because Global Footprint Network, which methodically tracks the relevant data, informs us that humanity is now using 1.5 Earths’ worth of resources.

2014 113

The (not so) green recovery: New report warns world is failing to ‘build back better’

AGreenLiving

” As such, the report concludes that the world is “not yet building back better,” despite repeated promises from governments to engineer a green recovery and the introduction of some promising green stimulus spending programs from a handful of predominantly wealthy countries such as Finland, Denmark, France, Germany and Norway. ’s flagship green housing stimulus program, the Green Homes Grant, which saw ministers initially assign $2.1

The Frontier of Renewable Energy: Texas?

Eco Friendly Daily

To get the United States out of recession, the government is pouring trillions into the economy with the stimulus bills. A large part of the stimulus bills concern renewable energy and that means there is big money in renewable energy for the states who want to build it. Texas is the home of oil, steaks, cattle and George W.

Texas 43

World’s Largest Solar Plant Gets a Much Needed Go Ahead

Eco Friendly Daily

Solar plants are also in a race towards completion as those that begin construction before December 31 qualify for a Treasury Department grant totaling 30 percent of a project’s cost, as part of last year’s economic stimulus package. Just how big is the Blythe Solar Plant that’s supposed to come up in California? The $6 Billion plant plans to generate 1000 megawatts of electricity when it goes online starting 2013. The plant is a joint proposal of Chevron Corp.

2014 67

Energy UN group: we need 31% more renewables by 2020

Green Prophet

It will cost $750 billion USD – but this can be investment stimulus people, and wind and solar can get us there. It’s easy. If you don’t want to read the whole article, here is the sum up: We need 31% more renewable energy to play it climate safe by 2030.

2020 63

Developing clean energy and protecting wild places

Sierra Club Compass

California''s vast desert region has been the focus of rapid large-scale renewable energy development for the past several years, aided by both California'' s aggressive 33 percent by 2020 renewable energy goal and federal stimulus funding. What does a plan to protect the often undervalued and misunderstood California desert and its wildlife have to do with moving the U.S. to a clean energy economy? Everything!

President Obama Grants $2 Billion in Green Energy Job Push

Eco Friendly Daily

billion in money taken from the $787 billion economic stimulus that Obama drove through the U.S. The Obama administration has been willing to kickstart the recovery process through federal incentives and loan guarantees. The nearly $2 Billion loan to two solar companies is a representation of that policy. President Obama was the first to admit on his weekly radio and Web address that the recovery from recession will be a slow and tortuous affair.