What’s Happening in The News: Early August 2020

Photo by Karsten Würth on Unsplash

Welcome back to our Attainable Home news update! This week, net-zero is our top topic as states, countries, and companies grapple with the goal of becoming carbon neutral by 2050. We also check in with the economy, and take a look at DIYs with the biggest payoff (in case you’ll have some extra time on your hands this fall).

Inner Workings of the Economic Machine

The Fed is keeping rates low, in hopes of driving inflation higher. But are higher costs for consumers a good idea in the midst of record-high unemployment? For help understanding everything in this article from CNBC, check out our series on The Best Video on How the Economic Machine and Cycles Work.

Massachusetts Aims For Zero

Various states are setting goals to achieve net-zero carbon emissions, and Massachusetts is preparing to join their ranks. Republican governor Charlie Baker is working with the state’s Democratic House and Senate to create steps everyone can agree on. Energy News Network breaks down the legislation designed to get the state to net-zero by 2050.

When Zero Looks Good On Your Portfolio

And the state of Massachusetts isn’t the only entity looking to reach net-zero by 2050. The Institutional Investors Group on Climate Change (IIGCC) is trying to help pension funds find workable ways to reduce the carbon in their portfolios while still meeting the financial goals of their investors. Five major investors are testing out the IIGCC’s framework, with a plan to release the results later this year, the Financial Times reports.

How Much Will Zero Cost?

Of course, all this talk of achieving net-zero in the next thirty years is usually met by questions about the cost. We live with an economic system built around petroleum and other carbon-intensive industries, and changing that is a major undertaking. Jeff McMahon over at Forbes, though, writes that Princeton University’s Net-Zero America Project is preparing to release a study showing how just $600 billion invested over the next ten years could get the whole country to carbon-neutral by 2050. And it could help revive our economy, too!

Put On Your Safety Glasses!

This video’s for all you aspiring DIY-ers out there: Top 10 Renovations That Make You Money With Basic Skills. If you’re going to invest in improving your house, it literally pays to know which upgrades give you the most bang for your buck! (Spoiler: a fresh coat of paint is your best bet.)

Photo by Roselyn Tirado on Unsplash

It’s a longer watch at 25 minutes, but there’s some good information if you can stay with him. I wondered about the advice to install your own windows, though, so tell me in the comments–

Would you take on window installation as a DIY project?

See you next time!

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