Environmental economics

The NRP Group Welcomes Patrick Carino as Vice President of Development, Enhancing Northeast Footprint

Retrieved on: 
Monday, March 11, 2024

The NRP Group , a vertically integrated, best-in-class developer, builder, and manager of multifamily housing, today announced the hire of Patrick Carino as Vice President of Development.

Key Points: 
  • The NRP Group , a vertically integrated, best-in-class developer, builder, and manager of multifamily housing, today announced the hire of Patrick Carino as Vice President of Development.
  • Leveraging more than a decade of experience in the Northeast region, Carino will originate and manage all aspects of market-rate development in New Jersey, New York, Connecticut, and Massachusetts.
  • Carino will report to Jonathan Gertman, Senior Vice President of Development for NRP’s New York City office.
  • View the full release here: https://www.businesswire.com/news/home/20240311213225/en/
    "Patrick’s arrival reaffirms NRP’s commitment to excellence in the dynamic real estate landscape of the Northeast,” said Jonathan Gertman, Senior Vice President of Development.

The Impact of Climate Change on Global Agriculture: Recent Evidence from Three Methodological Approaches

Retrieved on: 
Wednesday, July 12, 2023

MILWAUKEE , July 12, 2023 /PRNewswire-PRWeb/ -- In the 2023 AAEA Annual Meeting track session (sponsored by the AAEA Land, Water and Environmental Economics section and the AAEA International Section) "The impact of climate change on global agriculture: recent evidence from three methodological approaches" authors discuss climate change significantly impacts crop growth and production, which may undermine the resilience of global food systems. Understanding the impact of climate change on global food production is, therefore, critical for ensuring global food security. The economic impacts of climate change on global agriculture have been extensively assessed over the past decades using CGE, IAM, and econometric methods. However, each of these methods have improved over time. This session will present the latest global results from each of these methods. For example, the number of crops considered has increased in the EPPA-Agriculture model, the GCAM model now explicitly captures the storage of agricultural outputs, and a new effort to synthesize the results of multiple Ricardian studies leads to new insights. The presentations will be followed by a discussion of the key takeaways from these three papers.

Key Points: 
  • MILWAUKEE , July 12, 2023 /PRNewswire-PRWeb/ -- In the 2023 AAEA Annual Meeting track session (sponsored by the AAEA Land, Water and Environmental Economics section and the AAEA International Section) "The impact of climate change on global agriculture: recent evidence from three methodological approaches" authors discuss climate change significantly impacts crop growth and production, which may undermine the resilience of global food systems.
  • Understanding the impact of climate change on global food production is, therefore, critical for ensuring global food security.
  • The economic impacts of climate change on global agriculture have been extensively assessed over the past decades using CGE, IAM, and econometric methods.
  • Climate change effects on global agricultural markets: challenges to assess economic impacts and broad adaptation mechanisms
    The impact of climate change on global agriculture: evidence from the Ricardian literature
    This session will take place on Tuesday, July 25 from 4:45 pm – 6:15 pm Eastern in the Marriott Marquis Washington DC in the Scarlet Oak room.

Christopher A. Childs, CFA Joins Penobscot Investment Management Co., Inc. as Principal Serving Boston and Greater Hartford and Sheffield, Conn Region

Retrieved on: 
Thursday, June 8, 2023

Penobscot Investment Management is pleased to announce that Christopher A. Childs, CFA® has joined the firm as Principal.

Key Points: 
  • Penobscot Investment Management is pleased to announce that Christopher A. Childs, CFA® has joined the firm as Principal.
  • Chris brings more than 20 years’ experience in portfolio management and financial planning for individuals, families, corporations, and charitable organizations.
  • Chris also brings extensive experience in estate and tax planning, wealth transfer and charitable giving.
  • He is a Chartered Financial Analyst (CFA) and a member of the CFA Society of Hartford.

New Analysis Finds Annual Matching Requirement for Hydrogen Production Will Not Raise Emissions and Will Avoid Cost Barriers

Retrieved on: 
Wednesday, April 19, 2023

WASHINGTON, April 19, 2023 /PRNewswire-PRWeb/ -- As the U.S. Treasury Department designs the guidance that will determine which projects qualify for the 45V clean hydrogen Production Tax Credit (PTC) included in the Inflation Reduction Act (IRA), a new analysis from the American Council on Renewable Energy (ACORE) and Energy and Environmental Economics, Inc. (E3) compares the carbon emissions and production costs associated with the two primary accounting approaches: an "hourly match" requirement versus an "annual match" requirement.

Key Points: 
  • The report, Analysis of Hourly & Annual GHG Emissions: Accounting for Hydrogen Production , finds that the annual matching approach leads to lower carbon emissions than hourly matching in 25 out of the 40 scenarios studied.
  • Additionally, in all scenarios – across electricity markets, renewable combinations, and study periods – hydrogen production costs are significantly higher under an hourly matching requirement compared to an annual matching requirement with similar net CO₂ emissions.
  • A market breakdown shows:
    In PJM, hydrogen produced under the hourly matching requirement could cost up to 61% more than hydrogen produced under the annual matching requirement.
  • The report draws the following key conclusions:
    An hourly matching requirement does not ensure lower greenhouse gas (GHG) emissions relative to an annual matching requirement, and in many cases is less effective at eliminating carbon emissions than annual matching.

ENGEO launches a podcast focused on resiliency and sustainability

Retrieved on: 
Thursday, March 30, 2023

SAN RAMON, Calif., March 30, 2023 /PRNewswire-PRWeb/ -- ENGEO presents a new podcast, Down To Earth with ENGEO, where hosts will discuss the topics of resilience and infrastructure, where they intersect, and beyond. ENGEO is committed to providing resilient project outcomes for clients and project stakeholders alike. With passion for building a more resilient world, Down To Earth with ENGEO hosts deliver an 8-episode season filled with special guests and topics addressing the ever-evolving world.

Key Points: 
  • Episode one introduces the listener to sustainability as the hosts discuss how they followed careers in the field, the adoption of electric vehicle and renewable energy.
  • New podcast by @engeorocks: "Down To Earth with ENGEO" discusses the topics of resilience and #infrastructure, where they intersect, and beyond.
  • She holds a BS in Environmental Economics and Policy with a minor in Sustainability from Oregon State University.
  • Monica is passionate about corporate sustainability, and the systemic change that comes from implementing large-scale environmental solutions.

New Study Projects Clean Energy Transition Could Create More than 150,000 New Jobs in Illinois by 2050

Retrieved on: 
Thursday, January 12, 2023

National economic and workforce applied research firm BW Research today released a first-of-its-kind study in Illinois that found that the transition to clean energy could create a net increase of more than 150,000 jobs for the state by 2050.

Key Points: 
  • National economic and workforce applied research firm BW Research today released a first-of-its-kind study in Illinois that found that the transition to clean energy could create a net increase of more than 150,000 jobs for the state by 2050.
  • “As evidenced by this foundational study, Illinois stands to gain tens of thousands of good-paying jobs from the transition to a clean energy future – and we must ensure that all communities benefit from this economic opportunity,” said ComEd CEO Gil Quiniones .
  • Under this scenario, Illinois would see a net increase of 15,000 jobs between 2021 to 2030 and an increase of 38,000 jobs between 2021 to 2050.
  • This scenario finds a net increase of 41,000 jobs in Illinois between 2021 and 2030 and a net increase of 151,000 jobs between 2021 to 2050.

New Study Outlines Pathways to Achieve Illinois’ Goal of Full, Economy-Wide Decarbonization by 2050

Retrieved on: 
Wednesday, December 21, 2022

National sustainability consulting firm Energy and Environmental Economics, Inc. (E3) today released a study that outlines pathways for Illinois to achieve full, economy-wide decarbonization in Illinois by 2050, consistent with the state’s pledge as part of the U.S.

Key Points: 
  • National sustainability consulting firm Energy and Environmental Economics, Inc. (E3) today released a study that outlines pathways for Illinois to achieve full, economy-wide decarbonization in Illinois by 2050, consistent with the state’s pledge as part of the U.S.
  • Decarbonization refers to the process of lowering GHGs produced by fossil fuel combustion, often through the electrification of transportation, buildings and industry.
  • A moderate electrification scenario, which achieves total decarbonization by 2050 with high levels of electrification but a significant role for fuel backup for heating.
  • The existing grid will need to double in size by 2050 to meet growing electricity demands driven by decarbonization.

Willdan Designs Action Plan for New York City Government to Meet Emissions Reduction Goals

Retrieved on: 
Thursday, January 6, 2022

Willdan Group, Inc. (NASDAQ: WLDN) announced today that it has completed the development of New York Citys Local Law 97 (LL97) Implementation Action Plan.

Key Points: 
  • Willdan Group, Inc. (NASDAQ: WLDN) announced today that it has completed the development of New York Citys Local Law 97 (LL97) Implementation Action Plan.
  • A key component of LL97 is that it requires City operations to reduce emissions 40% by 2025 and 50% by 2030, compared to a 2006 baseline.
  • Willdan worked with the New York City Department of Citywide Administrative Services (DCAS) to create an action plan to achieve these carbon emissions reduction targets.
  • Climate change is happening now, and city government must be aggressive in taking steps now to reduce emissions and break its dependence on fossil fuels.

Elevation Awarded U.S. Department of Energy Project to Cut Carbon Emissions Through Intelligent Energy Solutions

Retrieved on: 
Thursday, November 4, 2021

This award is part of the $65M Connected Communities funding opportunity that seeks to expand DOE's network of grid-interactive efficient building communities nationwide to optimize their energy consumption and substantially decrease carbon emissions and energy costs.

Key Points: 
  • This award is part of the $65M Connected Communities funding opportunity that seeks to expand DOE's network of grid-interactive efficient building communities nationwide to optimize their energy consumption and substantially decrease carbon emissions and energy costs.
  • As part of this project, Elevation will partner with the nation's leading utility, research, and residential teams to deploy a comprehensive mix of energy resources.
  • Partners include: Duke Energy, Meritage Homes, Energy Hub, IBACOS, Tierra Resource Consultants, Energy and Environmental Economics (E3) and the National Renewable Energy Laboratory (NREL).
  • Elevation is a fully integrated residential energy solutions company providing solar, energy efficiency, and smart energy management technology.