(Outlet: Fast Company) Nine of the 15 major U.S. counties with the largest home insurance increases are in Florida.…Read More
The housing market’s home insurance shock, as told by an interactive map
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Carbon markets give environmentalists hope after US elections
(Outlet: Reuters) A rare bright spot for environmentalists in last week’s U.S. election results came in Washington State, where voters easily defeated an attempt to end the state’s carbon market by a margin of 62% to 38%. Analysts said the result was in line with widespread interest in the structures that allow investors to put a price on emissions.…Read More
On a Mission to Go Greener
(Outlet: Wharton Magazine) These Wharton veterans are leading the way on key environmental and sustainability efforts in business.…Read More
“Carbon Burden” and Firms’ Value to Society
(Outlet: Finance Center at the Wharton School) How much of a firm’s value to society is hidden by traditional financial metrics? In this interview, Professors Robert Stambaugh and Luke Taylor dive into their study, “Carbon Burden,” which is part of the Jacobs Levy Center’s working paper series.…Read More
Everyone’s ignoring these investors’ warnings on climate risk. You shouldn’t.
(Outlet: The Washington Post) Benjamin Keys, a real estate and finance professor at the University of Pennsylvania’s Wharton School, is forecasting a more gradual decline in regional markets, rather than an imminent severe downturn.…Read More
The potential economic impact of Trump’s mass deportation promise
(Outlet: PBS News) Immigration is a key issue of this campaign. Vice President Harris says if elected, she will pass a bipartisan bill strengthening border security. Former President Trump promises a much larger crackdown including mass deportations. Zeke Hernandez, The Wharton School, University of Pennsylvania, says “We have very clear evidence that native-born young men and women will simply not do those jobs. They will not take them, even during times of very high unemployment.”…Read More
How Does Your Rate Influence Your Monthly Bill?
(Outlet: Marketwatch) “While there are predictable seasonal patterns, weather extremes can quickly add to soaring bills even if you agreed on a fixed electricity price with your provider. If you want to avoid bill surprises, it is important that you occasionally check on your up-to-date power consumption through your utility’s online portal, and adjust if needed,” says Arthur van Benthem, Associate Professor of Business Economics and Public Policy at the Wharton School.…Read More
What’s missing in the immigration debate
(Outlet: NPR) Immigration is a top concern among U.S. voters this election cycle. But Zeke Hernandez, a professor at the University of Pennsylvania who studies immigration, thinks politicians and the media aren’t giving the public the full story.…Read More
Trump’s mass deportation plan would be ‘economic disaster’ for US
(Outlet: The Guardian) “It would be an economic disaster for America and Americans,” says Zeke Hernandez, an economics professor at the Wharton School of the University of Pennsylvania, of Trump’s deportations threat. “It’s not just the immigrants would be harmed, but we, the people of America, would be economically harmed.”…Read More
Climate Change Should Make You Rethink Homeownership
(Outlet: The New York Times) As the Southeast begins to recover from back-to-back hurricanes, potential home buyers across the country should take notice of the billions of dollars in property damage from the storms, some of it uninsured. The tremendous loss in places such as Swannanoa, N.C., and Keaton Beach, Fla., shows that homeownership in a world of growing disaster risk is less of an asset than it once was, writes Ben Keys.…Read More