Massachusetts
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The State Coat
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USAClimateChange.com is presenting an opportunity for investors to lead the way for the State of Massachusetts and other states in this Climate Change industry boom.
Massachusetts
Massachusetts, officially the Commonwealth of Massachusetts, is the most populous state in the New England region of the United States. It borders on the Atlantic Ocean to the east, Connecticut to the southwest and Rhode Island to the southeast, New Hampshire to the northeast, Vermont to the northwest, and New York to the west.
The capital of Massachusetts is Boston, which is also the most populous city in New England. It is home to the Greater Boston metropolitan area, a region influential upon American history, academia, and industry. Originally dependent on agriculture, fishing and trade, Massachusetts was transformed into a manufacturing center during the Industrial Revolution.
During the 20th century, Massachusetts’s economy shifted from manufacturing to services. Modern Massachusetts is a global leader in biotechnology, engineering, higher education, finance, and maritime trade.
Massachusetts was a site of early English colonization: the Plymouth Colony was founded in 1620 by the Pilgrims of the Mayflower, and in 1630 the Massachusetts Bay Colony, taking its name from the indigenous Massachusetts, established settlements in Boston and Salem.
Boston became known as the “Cradle of Liberty” for the agitation there that later led to the American Revolution.
The entire Commonwealth of Massachusetts has played a powerful scientific, commercial, and cultural role in the history of the United States. Before the American Civil War, Massachusetts was a center for the abolitionist, temperance, and transcendentalist movements.
In the late 19th century, the sports of basketball and volleyball were invented in the western Massachusetts cities of Springfield and Holyoke, respectively. In 2004, Massachusetts became the first U.S. state to legally recognize same-sex marriage because of the Massachusetts Supreme Judicial Court’s decision in Goodridge v. Department of Public Health. Many prominent American political dynasties have hailed from the state, including the Adams and Kennedy families.
Harvard University in Cambridge is the oldest institution of higher learning in the United States, with the largest financial endowment of any university, and Harvard Law School has educated a contemporaneous majority of Justices of the Supreme Court of the United States.
Kendall Square in Cambridge has been called “the most innovative square mile on the planet”, in reference to the high concentration of entrepreneurial start-ups and quality of innovation which have emerged in the vicinity of the square since 2010.
Both Harvard and MIT, also in Cambridge, are perennially ranked as either the most or among the most highly regarded academic institutions in the world. Massachusetts residents have been described by the World Population Review as having the highest average IQ of all U.S. states, exceeding 104, and the state’s public-school students place among the top tier in the world in academic performance.
The state has been ranked as one of the top states in the United States for citizens to live in, as well as one of the most expensive.
CLIMATE
The shifting climate in Massachusetts will result in a significant change to the built environment and ecosystems. In Boston alone, costs of climate change-related storms will result in 5 to 100 billion dollars in damage. These costs are attributed to expected coastal home damage, roadway destruction, and existing utility infrastructure exposure.
Warmer temperatures will also disrupt the migration of birds and the blooming of flora. With these changes, deer populations are expected to increase, resulting in a decrease in underbrush which smaller fauna use as camouflage. Additionally, rising temperatures will increase the number of reported Lyme disease cases in the state.
Ticks can transmit the disease once temperatures reach 45 degrees, so shorter winters will increase the window of transmission. These warmer temperatures will also increase the prevalence of mosquitos, a carrier of the West Nile virus.
Climate Change
In Massachusetts will affect both urban and rural environments, including forestry, fisheries, agriculture, and coastal development. The Northeast is projected to warm faster than global average temperatures; by 2035, the Northeast is “projected to be more than 3.6°F (2°C) warmer on average than during the preindustrial era”.
As of August 2016, the EPA reports that Massachusetts has warmed by over two degrees Fahrenheit, or 1.1 degrees Celsius. This is almost twice as much as the average for the contiguous United States. Shifting temperatures also result in the shifting of rainfall patterns and the intensification of precipitation events.
To that end, average precipitation in the Northeast United States has risen by ten percent from 1895 to 2011, and the number of heavy precipitation events has increased by seventy percent during that time.
These increased precipitation patterns are focused in the winter and spring. Increasing temperatures coupled with increasing precipitation will result in earlier snow melts and subsequent drier soil in the summer months.
To combat this change, the state of Massachusetts’ Executive Office of Energy and Environmental Affairs has outlined a path to decarbonization of the state’s economy. On April 22, 2020, the Secretary of Energy and Environmental Affairs of Massachusetts, Kathleen A. A release of Determination of Statewide Emissions limits for 2050 was brought forward.
In her letter, she stresses that as of 2020, the Commonwealth has experienced property damage attributable to climate change of more than $60 billion. To ensure that the Commonwealth experiences warming no more than 1.5 °C of pre-industrialization levels, the state will work to achieve net-zero emissions and the overall reduction of greenhouse gas emissions by 85 percent by the year 2050.
USAClimateChange.com awareness together with other Initiatives
Main articles: Solar power in Massachusetts and Wind power in Massachusetts
The State of Massachusetts has developed a plethora of incentives to encourage the implementation of renewable energy and efficient appliances and home facilities.
Mass Save has been formed in conjunction with the State by Berkshire Gas, Blackstone Gas Company, Cape Light Compact, Eversource, Liberty Utilities, National Grid and Until to provide homeowners and renters with incentives to retrofit their homes with efficient HVAC equipment and other household appliances.
For example, up to a 100-dollar rebate can be obtained for upgrading to an ENERGY STAR certified smart or programmable thermostat. Other appliances such as water heaters, air conditioners, washers and driers, and heat pumps are eligible for additional rebates.
The concept of Mass Save was created in 2008 by the passing of the Green Communities Act of 2008 during Deval Patrick’s tenure as governor. The main goal of the Green Communities Act was to reduce the consumption of fossil fuels in the State and to encourage new, more efficient technologies.
Among others, one result of this act was a requirement for Program Administrators of utilities to invest in saving energy, as opposed to purchasing and generating additional energy where economically feasible.
In Massachusetts, eleven Program Administrators, including NSTAR, National Grid, Western Massachusetts Electric, Cape Light Compact, Until, and Berkshire Gas, jointly own the rights to this program, in conjunction with the MA Department of Energy Resources (DOER) and the Energy Efficiency Advisory Council (EEAC).
Mass Save also conducts no-cost in-home energy assessments so that homeowners, renters, and small business owners may educate themselves about energy efficiency-related home improvements and find opportunities to save money and energy.
During the home assessment, Mass Save provides ENERGY STAR certified LED light bulbs, power strips, low flow showerheads, faucet aerators, and efficient thermostats free of charge.
Additionally, air leaks will be detected in the home or building and patched, and recommendations will be made to install additional insulation to decrease the loss of heated or cooled air. Discounts of 75 percent or more are available on these insulation improvements.
As a part of the Massachusetts Department of Energy Resources’ effort to incentivize the usage of renewable energy, the MOR-EV, or Massachusetts Offers Rebates for Electric Vehicles initiative was created. With this incentive, residents may qualify for a state incentive of up to $2,500 dollars for the purchase or lease of an electric vehicle, or $1,500 for the purchase or lease of a plug-in hybrid vehicle.
This rebate is available in addition to the tax credits offered by the United States Department of Energy for the purchase of electric and plug-in hybrid vehicles.
For income-eligible residents, Mass Save has partnered with Massachusetts Community Action Program Agencies and Low-Income Energy Affordability Network (LEAN) to offer residents assistance with upgrades to their homes that will result in more efficient energy usage. Residents may qualify for a replacement of their heating system, insulation installation, appliances, and thermostats if they meet the income qualifications provided on Mass Save’s website.
For residents of 5+ family residential buildings, there are additional income-restricted benefits available through LEAN. If at least 50 percent of the residents of the building qualify as low income, energy efficiency improvements like those available through Mass Save are available. Residential structures operated by non-profit organizations, for profit operations, or housing authorities may take advantage of these programs.
In late 2020, the Baker Administration released a Decarbonization Roadmap that aims for net-zero greenhouse gas emissions by 2050. The plan calls for major investments in offshore wind and solar energy and would require all new automobiles sold to be zero-emissions (electric or hydrogen powered) by 2035.
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