Tag: Economics

Green Recovery

Green Recovery

Green Recovery

05/25/20

“How can economies recover from a recession using sustainable infrastructure?”

 

Investment in construction is a time-tested method in helping an economy recover after a recession. It allows for large sums of capital to be focused on projects that generate a large number of jobs and leave lasting benefits. Given the ever-pressing challenge of climate change, a focus on the construction of sustainable infrastructure would have the added benefit of preventing further damage from climate change. This is why a resilience and sustainability-focused Green Recovery would be a logical course of action.

Why Income Will Have a Large Effect on Personal Climate Resilience

Why Income Will Have a Large Effect on Personal Climate Resilience

Why Income Will Have a Large Effect on Personal Climate Resilience

05/09/20

“Why will someone’s income level have a large effect on their personal climate resilience?”

 

Having more income allows people to withstand shocks to their lives more. And with the advent of Climate Change, many more shocks will be coming, whether it be through managed retreats or wildfire disasters. By logical induction, the amount of disposable income that one has will influence what they can do to cope. This is Why Income Will Have a Large Effect on Personal Climate Resilience.

Day-Ahead Energy Markets

Day-Ahead Energy Markets

Day-Ahead Energy Markets

05/07/19

“How can energy be purchased a day before it is produced?”

Energy is one of the most important facets of our civilization. So much so that it has to be predicted a day ahead of time to assure system stability. Since energy needs can be predicted a day ahead of time, energy can also be purchased wholesale by market participants a day beforehand. Although energy is purchased, it does not need to be generated in case the predicted need comes out to be lower. These Day-Ahead Energy Markets are used to ensure energy price stability.

Why Offshore Wind in the U.S Might Soon Face Logistic Bottlenecks

Why Offshore Wind in the U.S Might Soon Face Logistic Bottlenecks

Why Offshore Wind in the U.S Might Soon Face Logistic Bottlenecks

04/21/19

“Why is offshore wind in the U.S having logistic problems?”

Offshore wind in the United States is expanding at a rapid pace, particularly in the Northeast. However, since offshore wind turbines tend to extremely large in nature, it takes a large amount of transportation infrastructure such as cranes and heavy trucks for transportation logistics. Due to the limited supply of these components, these projects face the possibility of being stalled. This is Why Offshore Wind in the U.S is Facing Logistic Bottlenecks.