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News Coverage Nov 1, 2019

Quartz: Embracing Failure Will Help Us Fund Climate-Saving Technology

In the end, public money for risky technology catalyzed private success: The government collected more than $780 million in interest payments, led to breakouts like Tesla, and leveraged massive new private investments in clean energy such as private utility-scale photovoltaic solar projects. That’s the argument behind the latest paper on effective public investments by Jay Shambaugh, director of The Hamilton Project at the Brookings Institution.”

News Coverage Oct 24, 2019

Politico: Trading Spaces

“But California Air Resources Board Chair Mary Nichols also questioned the Justice Department's choice of venue. She noted they filed it in federal court in Fresno, an agriculture-heavy city in the Central Valley that is more moderate than coastal California. ‘The timing of this is a little peculiar,’ she said at an event at Stanford University [co-hosted by The Hamilton Project and Stanford Institute for Economic Policy Research]. ‘They filed it in the Eastern District of California, which is in Fresno, which I think they probably think is a friendly jurisdiction.’”

News Coverage Oct 23, 2019

Bloomberg: Trump Battle With California Heats Up With New Climate Lawsuit

“California Air Resources Board Chairwoman Mary Nichols questioned the administration’s argument, saying the case appeared to have ‘absolutely no legal basis,’ as the underlying agreement ‘is not a treaty.’ ‘Many states have arrangements with other states and countries on a whole variety of topics that we work on together,’ she said during a climate event at Stanford University [co-hosted by The Hamilton Project and Stanford Institute for Economic Policy Research].”

News Coverage Oct 23, 2019

San Francisco Chronicle: Editorial: Fighting climate change costs money. Doing nothing will cost more.

“But, as a new study from the Stanford Institute for Economic Policy Research and the Hamilton Project (an economic think tank at the Brookings Institute) shows, the cost of doing nothing about climate change will be much higher. ‘Climate change will affect agricultural productivity, mortality, crime, energy use, storm activity, and coastal inundation,’ write the study’s authors.”

News Coverage Oct 11, 2019

Axios: Mainstream economists are getting radical

“Federal Reserve economist Claudia Sahm has proposed [in a Hamilton Project report] automatic government payments directly to individuals when the 3-month average unemployment rate rises 0.50 percentage points above the low from the previous year. She picked that metric because every time it has happened since the 1970s the economy has gone into contraction. The indicator currently shows a reading of 0%, suggesting the economy looks stable.”

News Coverage Oct 10, 2019

USA Today via Stateline: Help wanted: Too many jobs and not enough workers in most states

“States have two options to deal with labor shortages, said Ryan Nunn, policy director at the Hamilton Project, an economic policy initiative of the Brookings Institution. The first is a ‘zero-sum game’ in which they compete with other states to attract the same workers. The second is a ‘positive sum’ response: making existing workers more productive by giving them new skills, and training new workers drawn from disadvantaged groups like prisoners and dropouts.”