[Slides]Modeling Amenity in REMI – Peter Evangelakis, Ph.D., REMI
The main focus when improving air quality tends to be protecting public health, but enhancing the best practices associated with cleaning our air supply can have economic benefits as well.
Please feel free to join REMI for a guest webinar, “Modeling Amenity in REMI,” that will be presented by Paul Stroik, Ph.D., Air Quality Specialist from the South Coast Air Quality Management District (South Coast AQMD) on Wednesday, August 7th from 2 to 3 p.m. (ET) that assesses the effects of adjustments made to amenity value when modeling air quality projects.
The South Coast AQMD used the REMI model to evaluate the regional benefits of expected air quality improvements. Researchers were able to simulate air quality improvements by changing amenity value within the REMI software, which generates the costs and benefits of proposed measures and upgrades.
Dr. Stroik’s presentation explores how the South Coast AQMD applied alterations in amenity value due to local air quality improvements and analyzed the regional macroeconomic impacts of its air quality management plans. This discussion will include descriptions of the methodological approaches used, as well as the key economic results discovered with the help of dynamic economic modeling.