Modeling the Economic Impact of Truck-Only Lanes

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Transportation and warehousing are major industries to the United States economy. Trucking has been one of the most common jobs in the nation for many years, and the industry continues to grow, causing a higher proportion of trucks on the highway. From 2020 to 2021 there was an 18% increase in fatal crashes involving large trucks. Introducing truck-only lanes could make trucking an even more effective method of transporting goods and increase safety on the highway.   

In this webinar, Anthony and Scott will use REMI TranSight to model the economic impacts of truck-only lanes. They will explain the pros and cons of policy decisions to create truck-only lanes, focusing on economic factors like employment, income, population, and more. They will demonstrate how TranSight can be used to model a project’s long-term rippling economic impacts rather than just the direct impacts. We encourage those interested in supply chain logistics, economics, and transportation to attend this webinar. 

Carbon Tax: Economic, Climate, and Demographic Implications

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Carbon taxes are designed to curb the most polluting economic activities, incentivize polluters to transition to alternative fuel sources, and fund sustainable projects. By internalizing otherwise external costs of production, heavy polluters can contribute directly to keeping the atmosphere clean and mitigating the greenhouse effect. Join us for an insightful webinar as we delve into evaluating the economic, climate, and demographic impacts of a carbon tax. In this webinar, we will explore existing policy, the theory underpinning them, and utilize REMI’s E3+ model to demonstrate the tangible effects of implementing a carbon tax on various economic factors, exploring the real-world implications on employment, GDP, and industry growth.   

Through a comprehensive analysis, we aim to shed light on the challenges of carbon tax implementation, the potential benefits and costs, and provide attendees with the knowledge needed to navigate this vital topic to pursue a sustainable future. This webinar is ideal for anybody interested in learning more about carbon taxes and their effects, as well as anybody interested in modeling the economic and environmental impacts of policy. 

Modeling Regional Impacts of Affordable Housing

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Housing access is an essential component of daily life, yet issues in housing are at the forefront of current policy considerations. Today, there is a deficit of an estimated 7 million affordable housing units across the U.S. For those able to more easily afford housing, the average sales price has increased from $383,000 in 2020 to $516,500 at the beginning of 2023, an increase of nearly 35%, falling from a historic high of $552,600 at the end of 2022. This has, in turn, also impacted rental prices, with the average increasing 18% between 2021 and 2022. As a result, the average rent-to-income ratio for renters stands today at 45% – a massive increase from 22.85% in 2012.

In this webinar, Jack Hausler and Aniruddh Ajila will outline how various factors, including market forces, industry activities, and zoning regulations, have contributed to historical and recent housing pricing trends. Using the REMI PI+ model, they will investigate the benefits and costs of possible policy responses to these trends.

Regional Inequality and Economic Development: Demographic and Technological Change

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Regional inequality is a persistent and growing issue. As we are in a period of rapid demographic and technological change, regional stakeholders need to adapt to these changes to have broad-based economic growth and prosperity. In this webinar, Dr. Treyz will evaluate the effects of emerging technologies and the changing population structure on the U.S. and regional economies. We examine strategies for successful economic development: logistics; energy and electric vehicles; knowledge centers; and quality-of-life.

The webinar examines Federal funding available for economic development, energy, and infrastructure. Dr. Treyz will conclude with a case study of the CHIPs Act and the Micron microchip facility in upstate New York.

Initiatives for Cleaner Air

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President Biden signed the inflation reduction act into law in 2022, the United States’ most significant investment in clean energy in the nation’s history. The act encouraged investment into renewable resources and sought to clean pollution that has disproportionately affected various communities. $369 billion in grants are being awarded to organizations to fight climate change, and $25 million is specifically awarded by the EPA under the Clean Air Act (CAA) to combat air pollution.  

This webinar will focus on the clean air initiatives outlined in the inflation reduction act. We will examine how these clean air initiatives have influenced economic growth, job creation, and GDP while also gauging the effectiveness of the investments by assessing environmental outcomes like reduced air pollution, improved public health, and enhanced sustainability.