The E.P. Systems Group is participating in consultations in England on climate change adaptation by suburbs and by gathering data on the British initiatives with respect to conversion to a lower carbon economy and will be writing up results in the coming months.
Specific initiatives and organizational efforts being examined include:
- The Carbon Reduction Commitment (CRC) and associated ‘carbon budgets’
- The role of the Carbon Trust as a guide for businesses and other nongovernmental entities
- The role of taxes, as examined by the Green Fiscal Commission
- The economic returns to energy efficiency and the job creation potentials of the new energy economy
EPSG offers a new service for potential Regional Center applicants under the U.S. Citizenship and Immigration Services EB-5 program. Applicants must show, as part of their application, the ability to create at least 20 local jobs per $ Million of investment and provide the same proof of job creation for each specific project they undertake. We can help generate the needed evidence.
This service is an extenuation of the Economic Impact Analysis we have accomplished for other clients using the RIMS II data base provided by the US Bureau of Economic Analysis. Our methodology allows us to calculate income, revenue, and tax impacts as well as employment change. Use of the RIMS II data to support Regional Center applications is significantly more cost-effective than alternative analysis approaches such as IMPLAN.
The E.P. Systems Group, Inc., launched Climate Change Economics, a comprehensive website of resources and tools dedicated to addressing the carbon intensity of the U.S. economy and related climate change policy in the 50 states and territories on December 11. We are seeing a growing numbers of visitors and welcoming new site Members.
Climate Change Economics is one part of a project to improve understanding of climate change issues by U.S. legislators in the expectation that understanding will lead to action. We hope to make the site the primary objective research tool for state and federal legislators, as well as regulators and policy analysts, on the economic opportunities presented by the fight against climate change. We’ve been funded specifically to improve the quality of economic analysis by the decision-makers in state legislatures and to expand their understanding of the economic threats posed by climate change as well as the economic opportunities available in investing in mitigation efforts.
The site offers some very basic economic tools and explanations of economic analysis as well as a Legislators’ Tools area. We are particularly striving to make the best research and policy models accessible to citizen legislators across the United States, offering them tools to help dissect the assumptions that can distort research findings.
We shortly will be launching a secure forum for exchanging ideas about legislation, discussing proposed language or standards, and similar discussions. The forum is structured so that all particicipants will be able to remain completely anonymous to others and even exchange private e-mails with other participants one-on-one without divulging identities. with their peers. The anonymity is intended to permit discussion of politically sensitive initiatives, to allow consultation on legislative strategies, and also to enable invididuals who want guidance in economic analysis to request support without feeling as if they are divulging their ignorance to others.
Apart from legislators, we also hope our colleagues throughout the environmental community will find the site’s public Web Resources and Library valuable for their own efforts.