Carbon Offsets

Voluntary Carbon Offset Information Portal provides information about buying carbon offsets to neutralize carbon dioxide emissions created by individual air travel. It features a consumer handout on "flying green,"a report on voluntary offsets for air travel carbon emissions, a paper with an overview of international climate change policies and the current carbon market, description of offset project types, a list of carbon offset companies, a glossary, and more. The portal is a joint project of the Stockholm Environment Institute (SEI) and Tufts Climate Initiative (TCI).

ALEC Report Card on American Education

2007 Report Card on American Education from the American Legislative Exchange Council (the 14th edition) gathers and presents in a quick-glance format helpful data for reviewing the condition of education among the states. The “snapshot” pages reveal states’ “inputs” and “outputs,” as well as demographic information. Policymakers and parents will be able to easily reference per-pupil spending, for example, as well as class size and achievement scores. By compiling this data from its sources, the Report Card aims to contribute to a well-informed community of parents and leaders.

The Report Card also reviews the data across states to identify any promising relationships among “inputs” and “outputs” in an effort to help answer the question: What works?
The results show that we are not doing enough to prepare America’s children for global competitiveness. International data and trends cannot be ignored. The latest results of comparison among participating nations of the Organization for Economic Co-operation and Development peg American students’ achievement levels in science below dozens of other countries including Croatia, Latvia, and mainland China. In fact, the United States scores below the combined average of all countries observed. These results come on the heels of a Wall Street Journal editorial warning that America’s output of American-born Ph.D. students is losing ground to foreign-born students with temporary visas.

Individual state reports also are available.

Subprime Mortgages

Subprime Outcomes: Risky Mortgages, Homeownership Experiences, and Foreclosures provides the first rigorous assessment of the homeownership experiences of subprime borrowers. It considers homeowners who used subprime mortgages to buy their homes, and estimates how often these borrowers end up in foreclosure. In order to evaluate these issues, homeownership experiences in Massachusetts over the 1989–2007 period are analyzed, using a competing risks/ proportional hazard framework. Two findings are presented: first, homeownerships that begin with a subprime purchase mortgage end up in foreclosure almost 20 percent of the time, or more than 6 times as often as experiences that begin with prime purchase mortgages; second, house price appreciation plays a dominant role in generating foreclosures. In fact, most of the dramatic rise in Massachusetts foreclosures during 2006 and 2007 were due to the decline in house prices that began in the summer of 2005.

Source: Federal Reserve of Boston

Transportation and Climate Change

Climate change will have a significant impact on transportation infrastructure and operations : While every mode of transportation in the U.S. will be affected as the climate changes, potentially the greatest impact on transportation systems will be flooding of roads, railways, transit systems, and airport runways in coastal areas because of rising sea levels and surges brought on by more intense storms, says a new report from the National Research Council. Though the impacts of climate change will vary by region, it is certain they will be widespread and costly in human and economic terms, and will require significant changes in the planning, design, construction, operation, and maintenance of transportation systems.


Source: National Research Council/National Academies Press