The Distributional Consequences of the NFIP
The government’s flood insurance program gives discounts to homeowners who build in flood-prone areas, often causing significant environmental damage. In this analysis, the Institute for Policy Integrity finds that this practice can benefit wealthy owners of expensive homes at a cost to the average taxpayer.
Innovation, Equity, and Job Creation
The CLEAR Act, sponsored in the Senate by Maria Cantwell (D-WA) and Susan Collins (R-ME), would place a price on carbon, auction 100% of the pollution permits, and refund most of the revenue back to consumers. This brief found that pricing carbon would spur investment and innovation in new energy technologies, giving a substantial boost to industries like manufacturing and construction—both hit hard in the recent financial crisis. Relatively well-paying jobs would be generated in these sectors, helping to mop up the slack created by the recession.
The Unseen Costs of Using Dirty Oil in New York City Boilers
In about 9,000 big apartment and commercial buildings in Manhattan, Brooklyn, Queens, and the Bronx, boilers burn a dirty fuel to heat their units. “Residual Risks” analyses the health, environmental, and economic benefits of switching away from this dirty fuel to cleaner alternatives like natural gas.
The Economic Benefits of Preserving Net Neutrality
It is hard to imagine a future where the value of the Web takes a downward spiral: where less content is created, online access is less useful, and fewer people log on. In Free to Invest, the Institute for Policy Integrity warns of negative economic consequences if net neutrality is weakened. The report arrived at five main findings that describe the trade-offs of revoking net neutrality.
Consensus and Open Questions
Economists and Climate Change: Consensus and Open Questions describes and analyzes the results of a survey sent to 289 economic experts on climate change. Over 84% of the respondents to the poll said that the effects of global warming will create significant risks to important sectors of the United States and global economies.
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