Critics counts air conditioning as more a curse than a miracle. Cooling buildings and vehicles pumps out almost half a billion tonnes of carbon dioxide annually. Between 1995 and 2004 the proportion of homes in Chinese cities with air conditioning rose from 8% to 70%.
Chicago claims to have the densest network of charging stations for electric vehicles, and to be home to more wind-farm companies than any city in America. The state is spending up to $3.2 billion on modernising the electrical grid in Illinois. It has also put aside $72.5m to invest in new smart-grid technology.
The objective of the UNEP-led Green Economy Initiative is to provide the analysis and policy support, through components including the Green Economy Report, advisory services, and research, for investing in green sectors and in greening environmental unfriendly sectors.
Pavan Sukhdev is McCluskey Fellow at Yale University. Building on 25 years of financial markets experience, his work is focused in showing how corporations and society can and should work together to achieve common goals and build a green economy.
When externalities are present and transaction costs are absent, private parties will strike welfare-enhancing deals regardless of who owns what. In a frictionless world, bargaining leads to efficiency. That is the essence of the Coase Theorem, and it is fiction, according to Steven Medema.
Support for the mortgage market has been part of a broader federal policy aimed at encouraging home ownership and at making housing more affordable for families. Fannie Mae, Freddie Mac, and the Federal Housing Administration have been an important aspect of that policy.
The Government Accountability Office provides public access to its wide-ranging research related to Budgets and Spending. Covered topics include Fiscal Outlook, Government Operations, Strategic Sourcing, Budget and Spending, Medicaid, Streamlining Government, and Public Transportation.
The federal government imposes requirements on state, local, and tribal governments and entities in the private sector to achieve national goals. CBO prepares mandate statements for bills that are approved by authorizing committees and issues annual reviews of Congress’s activities under UMRA.