IMPLAN Blog

As renewable energies take center stage in political policies and public consciousness, IMPLAN is here to help you measure each project’s economic impact. Our recent post Resource Roundup: IMPLAN and Solar Energy focused on giving you the information you need to study the economic impact of a solar energy project. Much of that same information can also be applied to wind power projects. In today’s blog, we’re taking a look at the Offshore Wind Tax Credit Program and how IMPLAN can help you understand the economic impact of wind energy projects, whether you’re a developer, a state authority, or an accounting service provider.

As more and more people recognize the importance of protecting our planet, renewable energies like solar energy are taking center stage, transforming our environment as well as our economies.

IMPLAN’s academic roots created a continuing commitment to enhance and promote research into regional economies. To that end, we are making IMPLAN’s Data Library available in a convenient package for departmental, classroom, and library use. 

For nearly 20 years our Data Library has powered our I-O/SAM modeling software, and by making IMPLAN data more accessible, our goal is to promote new research and applications of data to inform decision making for regional economies.   

Since we’re currently in the middle of tornado season and on the heels of a prediction of an active 2018 Atlantic Hurricane Season, this would be an appropriate time for a discussion on natural disasters.

I’ve seen first-hand the destruction of natural disasters. I experienced Hurricanes Fran and Lloyd, plus the 2011 Super Outbreak of tornadoes while living in North Carolina and Alabama, respectively. It doesn’t take long after surveying the debris and downed trees or hearing the stories of survivors to realize the emotional and physical impacts of these events. But one thing that’s often talked about but harder to pin down is the economic impacts from nature’s fiercest displays of force.

That being said, let’s pose the question: “What results and trends can we expect when a natural disaster event occurs in a given region?” Seems simple enough, right? Well, the answer might be a little more complex than you’d expect.