Each year floods affect nearly 250 million people, exceed $90 billion in economic losses, and pose public health risks to developed and developing cities. In order to better assess risks, models of flooding that rely on modern information about urban environments are needed.
Please join the Environmental and Water Resources Engineering Department in welcoming guest speaker Mr. Daniel Raimi, Research Specialist: Energy, Technology, Policy and Economics, The University of Michigan Energy Institute, Ann Arbor, Michigan.
Consumers feel their home energy costs would have to more than double before they had to use less or reduce other expenses to compensate, according to a new index created by the University of Michigan's Energy Institute and released today. The university's energy affordability indices are modeled on U-M's Survey of Consumers, and like their progenitor, the surveys ask questions of consumers about how much their own bills for things like gasoline, electricity, and home heating would have to rise before they became unaffordable. The energy surveys, which canvassed 3,400 Americans over two years, found that throughout the survey period, even consumers in the lower third of the income scale would have to see their home energy costs double before costs broke the bank. The survey also looked at gasoline prices and found that consumers would not find it unaffordable to fill their tanks unless pump prices more than doubled to $5.50 a gallon.