Smith School

The Conservatives’ climate change plans show they have tried but failed to reinvent net zero

Retrieved on: 
星期四, 六月 13, 2024
Carbon, EV, Enterprise, ESRC, Investment, Public Order Act 1986, Environment, Child, University of Oxford, Legislation, Policy, Growth, Conservative Party, Smith School, Climate, Section 8, Act, Climate change, Conservatism, University, Climate Change Committee, Renewable energy

The question in climate policy is no longer how much adopting net zero technologies will “cost” us.

Key Points: 
  • The question in climate policy is no longer how much adopting net zero technologies will “cost” us.
  • It is how quickly the savings from their adoption can be realised to benefit households, the economy and above all the climate.
  • For instance, the manifesto proposes continuing to invest in “new fossil fuel extraction through annual licensing rounds” and building “new gas power stations”.
  • But these are unlikely to save money or to make the nation more energy secure, even in the near-term.

Procrastination: no solution to net zero challenge

  • In 2023, annual heat pump deployment was around 80% below where it should have been if following the “balanced net zero” trajectory set out by the government’s official advisory Climate Change Committee.
  • Our analysis shows that the household sector will require around two-thirds of the total investment needed in clean technologies to 2030.
  • Households also face non-monetary barriers such as time, access to information, and misperceptions around the “cost” of net zero.

Reinventing the Climate Change Act

  • The manifesto makes a number of suggestions to improve the way climate policy is decided.
  • Pretty much all of them are already contained in the 2008 Climate Change Act.
  • The Conservatives would like to “reform the Climate Change Committee, giving it an explicit mandate to consider cost to households and UK energy security in its future climate advice.” Section 10 of the Act does exactly that.

Missed opportunity for investment and jobs

Net zero is not just good science – it’s also a good deal for ordinary people

Retrieved on: 
星期一, 六月 3, 2024
Investment, Smith School, PCAN, Carbon, Enterprise, Government, Running, Temperature, Policy, Climate Action Network, Place, University of Oxford, ESRC, GDP, Labour, University, Energy, Climate, Labour Party, Environment, Child, Failure, Climate change, Renewable energy

Much of this debate in the UK focuses on the “cost” of net zero.

Key Points: 
  • Much of this debate in the UK focuses on the “cost” of net zero.
  • In a new study, we show that achieving net zero and economic wellbeing are not mutually exclusive goals.
  • In fact, the additional annual cost of pursuing net zero is somewhere between 0.7% and 1% of GDP, or £5-£7 a week per person.

Many investments will happen anyway

  • Specifically, we looked at what it costs to install and use a “clean” technology (an electric car, for example) compared to a “fossil” technology in the same use (a petrol or diesel car).
  • We find that much of this investment will go ahead anyway, thanks to natural turnover, including people buying new cars or businesses replacing old assets.

Clean technologies tend to be cheaper to run

  • We also consider carbon prices (set by policies such as the UK emissions trading scheme) over that period.
  • We find that in more than 80% of investments the total cost of a clean technology is considerably lower than that of a fossil technology.
  • For instance by 2030, offshore wind power will be 66% cheaper than gas-fired power, and an electric car will be 60% cheaper to buy and run than a fossil fuel car.

Being poor is expensive

  • For instance, households that are fuel poor could benefit from a heat pump or cavity wall insulation.
  • They also face non-monetary barriers such as time, access to information, and misperceptions around the “cost” of net zero.
  • This means that some of these households will tend to undervalue the savings that heat pumps or better insulation will provide in future and so will see it as a poor investment.

Let’s get on with it

U.S. Senator Ben Cardin Caps Off New Finance Speaker Series at the University of Maryland Smith School of Business

Retrieved on: 
星期四, 五月 9, 2024
University, Small business, Smith School, Policy, School, UMD, Hand, Entrepreneurship, Department of the Treasury, SBA, Business, Senate, WWE, DNA, Tax, Senior counsel, Optimism, Government, Management

Senator Ben Cardin discussed the challenges facing entrepreneurs and small business owners during the May 7 installment of the Finance Grand Challenges Speaker Series.

Key Points: 
  • Senator Ben Cardin discussed the challenges facing entrepreneurs and small business owners during the May 7 installment of the Finance Grand Challenges Speaker Series.
  • Cardin is a senior member of the Senate Small Business & Entrepreneurship Committee and has previously served as its chairman.
  • They were the final guests of the academic year for a series that has featured several prominent national figures in the world of finance.
  • The series host and creator is Michael Faulkender, Dean's Professor of Finance at the University of Maryland Robert H. Smith School of Business and former assistant secretary for economic policy at the U.S. Treasury Department.

American Battery Technology Company Hires Former Tesla Head of FP&A Europe, Scott Smith, as Vice President of Financial Planning and Analysis

Retrieved on: 
星期二, 四月 30, 2024
University, ABTC, Smith School, Frito-Lay, PepsiCo, Commerce, FP&A, Business, Forecasting, ABAT, Smith, Queen's University, Queen, FP, Recycling, American Battery Technology Company, Growth, Strategic planning, Management

RENO, Nev., April 30, 2024 /PRNewswire/ -- American Battery Technology Company (ABTC) (NASDAQ: ABAT), an integrated critical battery materials company that is commercializing its technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, is pleased to announce the onboarding of Scott Smith as its vice president of financial planning and analysis (FP&A) to support the company's strategic growth trajectory and to lead the company's investor relations functions.

Key Points: 
  • Smith is an experienced finance professional with over a decade of expertise in financial business operations within the electric vehicle and consumer goods sectors.
  • He is skilled in strategic planning, intricate financial modeling, and fostering cross-functional partnerships with demonstrated success in enhancing cost efficiencies, facilitating market expansion, and maximizing investment returns.
  • "I am thrilled to join American Battery Technology Company to help support the company's rapid growth and to work with our strategic partners to facilitate our capital expansion projects," stated Scott Smith, ABTC's vice president of financial planning and analysis.
  • Smith earned a bachelor's in commerce from the Smith School of Business at Queen's University in Kingston Ontario.

University of Maryland's Smith School of Business Launches Center for Artificial Intelligence in Business

Retrieved on: 
星期二, 四月 23, 2024
Organization, University, Executive education, Bias, Smith School, The Wall Street Journal, Information, Policy, Specialization, Professor, UMD, Thought, AIM, Adviser, Meta, Conference, Research, Artificial intelligence, Human, History, Intelligence, Data science, Smith, Privacy, Faculty, Bloomberg, Judgement, GRF, Creativity, Student, Ethics, Accounting, Algorithm, Intuition, Operation, Management

The center will work in conjunction with the university's newly announced Artificial Intelligence Interdisciplinary Institute at Maryland (AIM) .

Key Points: 
  • The center will work in conjunction with the university's newly announced Artificial Intelligence Interdisciplinary Institute at Maryland (AIM) .
  • The center positions Smith to more effectively bring that expertise to businesses, policymakers and institutes, researchers, students and the broader community."
  • With AI utilization skyrocketing across all sectors of business, the launch of the Center for Artificial Intelligence in Business will allow us to amplify the expertise of our Smith School faculty to advance the public good across industries," says Provost Jennifer King Rice.
  • "What the AI center represents is interdisciplinary research and engagement at its very best," says Wedad Elmaghraby, senior associate dean of the Smith School.

UMD-LinkUp AI Maps Transforms AI Job Tracking with Groundbreaking Approach

Retrieved on: 
星期二, 一月 30, 2024
Intelligence, Growth, Smith School, Robert, Research, AI, Outrigger, Map, UMD, Capital region, School, MBA, Employment, LLM, Education, Doctor of Philosophy, University, Entrepreneurship, Business, Dairy

COLLEGE PARK, Md. , Jan. 30, 2024 /PRNewswire/ -- UMD-LinkUp, a collaboration between the Robert H. Smith School of Business at the University of Maryland, LinkUp Job Market Data, and Outrigger Group, introduced the world's first tool for mapping the creation of jobs requiring artificial intelligence skills: UMD-LinkUp AI Maps.

Key Points: 
  • AI Maps leverages LinkUp's industry leading job data to visualize the spread of jobs requiring skills in AI across the country – by sector, state and more granular geographic levels.
  • UMD-LinkUp AI Maps shifts the paradigm by utilizing a fine-tuned large language model (LLM) to enhance accuracy.
  • "We are using highly specialized LLMs to assist with filtering AI jobs for an accurate and timely assessment of what constitutes an AI job."
  • UMD-LinkUp AI Maps is poised to define how the world visualizes and understands the emerging landscape of AI job creation.

The University of Maryland Robert H. Smith School of Business and UMD's School of Medicine Partner to Expand Business Education Opportunities for Medical Students and Faculty

Retrieved on: 
星期三, 十二月 6, 2023
Medicine, School, Accounting, Geisel School of Medicine, Smith School, Curriculum, Physician, Stem, Student, Patient, Faculty, Professional, Intelligence, Everybody's Business, Molecular medicine, Medical school, MBA, Roger Hawkins (drummer), Robert, Social justice, University, Knowledge, Business, Environment, Health, Information, Smith, Business school, Nursing, Management, MD

Coursework for the Stem Designated Part-Time FlexMBA caters to the busy schedules of healthcare professionals and medical students by offering hybrid learning that includes online and on-campus options.

Key Points: 
  • Coursework for the Stem Designated Part-Time FlexMBA caters to the busy schedules of healthcare professionals and medical students by offering hybrid learning that includes online and on-campus options.
  • "In today's environment, excellent patient outcomes also depend on the financial well-being of both patients and providers," says Smith School Dean Prabhudev Konana.
  • In addition, the Smith School will offer a limited number of merit-based awards ranging from $15,000 to $25,000 to additional exceptional students in the program.
  • Read more about the graduate and undergraduate programs at the University of Maryland's Robert H. Smith School of Business.

UMD Smith, Montgomery College Initiate Pathway to a Business Analytics Masters

Retrieved on: 
星期一, 十月 30, 2023
Storm, Economics, Jobs, Smith School, Business analytics, Bureau of Labor Statistics, Smith, Ethics, Data, Statistics, Doctor of Philosophy, MSBA, Montgomery College, Robert H. Smith School of Business, Practice, Tableau, Growth, Curriculum, Marketing, Student, Business, University, SQL, Coursera, University of Maryland College of Information Studies, Accounting, Microsoft Excel, Data science, Management, Science

COLLEGE PARK, Md., Oct. 30, 2023 /PRNewswire/ -- A Montgomery College student cohort has embarked this fall on a unique pathway to a Master of Science in Business Analytics (MSBA) degree from the University of Maryland's Robert H. Smith School of Business to meet a growing demand for the likes of operations researchers, data analysts, business analysts, analytics directors and chief analytics officers.

Key Points: 
  • COLLEGE PARK, Md., Oct. 30, 2023 /PRNewswire/ -- A Montgomery College student cohort has embarked this fall on a unique pathway to a Master of Science in Business Analytics (MSBA) degree from the University of Maryland's Robert H. Smith School of Business to meet a growing demand for the likes of operations researchers, data analysts, business analysts, analytics directors and chief analytics officers.
  • Twenty-three of 50 students in this Smith master's track already are declared majors under the Rockville, Md.-based community college's new Associate of Arts in Business Analytics program.
  • Pending admission to Smith's undergraduate and master's programs, students will complete the undergraduate major in Operations Management and Business Analytics followed by the MSBA.
  • "It's a very clear and defined pathway to the Smith School," says Montgomery College (MC) Accounting Coordinator and Business Analytics Advisor Kathryn Klose, PhD.

Ahmad Bakhshai awarded FP Canada™ Fellow distinction

Retrieved on: 
星期三, 九月 27, 2023
Volunteering, Financial Planning Standards Council (Canada), University, CFP, Education, Queen, Estate, TEP, Business, Smith School of Business, Smith School, Research, BEAR, Adviser, Queen's University, CLU, Certified Financial Planner, Pavilion (co-working business club), Commerce, Management

TORONTO, Sept. 27, 2023 /CNW/ - FP Canada is excited to announce that Ahmad Bakhshai, CFP®, has been awarded the FP Canada Fellow distinction.

Key Points: 
  • TORONTO, Sept. 27, 2023 /CNW/ - FP Canada is excited to announce that Ahmad Bakhshai, CFP®, has been awarded the FP Canada Fellow distinction.
  • This distinction is in recognition of individuals who have made a significant contribution to furthering FP Canada's mandate of advancing professional financial planning in Canada.
  • "We're pleased to honour Ahmad for his impressive contributions to the financial planning profession," says Tashia Batstone, President and CEO of FP Canada.
  • You can learn more about the FP Canada Fellow distinction on the FP Canada website.

UMD Smith to Launch Enterprise Risk Consortium

Retrieved on: 
星期四, 六月 1, 2023
Group Policy, University of Maryland School of Public Policy, University, Education, Fannie Mae, Capitol Hill, Instability, Executive education, Business, Risk management, Risk assessment, Smith School, Research, Doctor of Philosophy, Government, Robert H. Smith School of Business, Organization, Student, Food and Drug Administration Amendments Act of 2007, Climate change, Congress, Risk, Citigroup, Freddie Mac, University of Maryland Center for Environmental Science, Knowledge, Climate, Weather, Policy, UMD, Environment, Food, GSE, Management, Arthur Longbrake

The school, through its Office of Executive Education , will launch a Smith Enterprise Risk Consortium during summer 2023 to provide industry-leading insights, applied research and risk analytics, risk management training programs, special events and a paid membership level for customized access to experts and training.

Key Points: 
  • The school, through its Office of Executive Education , will launch a Smith Enterprise Risk Consortium during summer 2023 to provide industry-leading insights, applied research and risk analytics, risk management training programs, special events and a paid membership level for customized access to experts and training.
  • The consortium will position Smith "as an academic leader in applied risk management through thought leadership, education and outreach to industry and governmental organizations, and by formalizing industry ties to Smith students interested in careers in risk management," says Clifford Rossi , PhD, professor of the practice and executive-in-residence for the Smith School.
  • "A community of practitioners with a vested interest in advancing the field of risk management will drive this initiative," says Koenick.
  • With such insight, the Smith School has "a prominent track record in risk management through leading media outlets and as a trusted advisor to corporations, agencies and legislators in risk management," says Smith Dean Prabhudev Konana .