Load remaining images On Friday, Lettuce kicked off their two-night stand at Playstation Theater in the heart of New York City’s iconic Times Square. Fresh off the release of their new EP Mt. Crushmore this week, the band was at the top of their game, featuring their full arsenal of talented musicians: Adam Smirnoff, Jesus Coomes, Ryan Zoidis, Eric “Benny” Bloom, Neal Evans, Adam Deitch, Eric Krasno, and now-permanent member Nigel Hall.At the band’s Playstation Theater run last November, Nigel Hall was just a featured guest, coming in to sing a pair of soulful covers ahead of the release of his debut solo album, Ladies and Gentleman…Nigel Hall. This time around, now a regular member of the lineup, Hall and the rest of the band shined, delivering fan favorites new and old–cuts from the new release, jazzy, focused improv, and some sing-along covers, including “Everybody Wants to Rule the World” by British 80’s pop act Tears For Fears.For the encore, the band had a trick up their sleeve: Fresh off a performance of School Of Rock down the block, guitar prodigy Brandon “Taz” Niederauer joined the band to help them “crush” their Crush anthem “Sounds Like A Party”. Watch fan-shot video of the encore sit-in below, thanks to YouTube user Nick Fitanides:Lettuce is connecting right now–firing on all cylinders–and they’ve never sounded better. And with one more night in Times Square tonight, the party is just getting started.Check out photos from Lettuce’s night one dance party below courtesy of Capacity Images.
Like many industries, it’s easy for financial services companies to get complacent and fall into lulls. We’ve all been there, you get into a process, you build out the process, you get comfortable with it and you don’t generally question the process.But we’re living in a new world order when it comes to security, risk, hacks and breaches, spanning cyberterrorism, identity fraud, nation states and the like – which all bring significant and dire consequences for financial services organizations and their customers.Data has become a commodity – and the reality is that data has a monetary value. Personal and identity-related data has an even higher monetary value. And financial services, whether that’s fintech, banking, credit reporting or others, all possess the highest-grade data available, putting the value associated with that data that much higher.What boggles my mind is that in this new world order of increasingly sophisticated threats, coupled with the rising value of data, why aren’t more financial services institutions making security a priority, and more so a continual priority since day one? Why aren’t they being more vigilant?The answer is threefold and it comes down to three big vices plaguing the financial services and the broader business communities:InertiaThe reality is that big companies generally don’t move very fast. There’s a tendency not to change things unless they’re broken, and that applies to everything from corporate policies to IT infrastructure. It can be a challenge to rationalize an investment in something that appears to be working well, whether it’s poorly architected or not.However, as the headlines have shown in recent months, it’s paramount that financial services organizations examine their authentication strategies, their encryption strategies, and their architectural strategies. This involves also putting good “cyber hygiene” strategies into play such as applying security patches and doing the due diligence to ensure architectures minimize risks with data at rest encryption, among others protective measures.No doubt it’s difficult to try and unwind a systemic culture of inertia, but getting continued investment for systems that just appear healthy may not be the greatest option longer term.HubrisNo one believes their company will be compromised, despite the overwhelming odds that almost everyone over time will be compromised. Just like the children of Lake Wobegon that are “greater than average,” many companies believe with confidence that their architecture and security will beat the odds. This is all the more so with large companies with strong track records of success. Again – as recent headlines show – security is not a “fix it and forget it” endeavor.NaivetéPeople in large companies too often want to bury their heads in the sand when it comes to security and risk and think “this couldn’t possible happen to me.”So where does the responsibility fall when it comes to security? Is it with the CSO? IT? The general manager? It’s really all of the above, in a true security crisis it’s useless to point fingers. Sure, the CSO is often the executive that takes responsibility, but they can’t be expected to defend everything and their budget isn’t limitless.For emerging financial services institutions, many of which may not have a strong security background, it’s a matter of engaging in a dialogue about what’s truly at risk when storing their customers’ personal information. This includes the holistic architecture that has been constructed and its long-term viability in an increasingly dynamic industry.Consider the three vices discussed above and have a frank and honest evaluation of whether your financial services organization might be guilty of any of them. Is there a good cyber strategy in place? Are new security patches being downloaded and installed? If massive corporations and credit reporting agencies such as…..well, you know them by now in the headlines….are being hacked and crippled by cybercriminals, what’s to stop your organization from being the next victim? If you don’t want your analytics, trading, or cloud platforms left without solid security, we welcome a deeper discussion around how not to be a #cybersecurity target.
“Chico will be involved in the squad, zero problems whatsoever,” Monk said. “We had a talk today. Things have been blown up and we have had a laugh about it. He is a good man.” The 34-year-old also attempted to play down the upheaval Laudrup’s exit would have on the club between now and the end of the season. “We’re all aware of what has happened this week. It has been a busy period,” Monk said. “I know the club and the players. Nothing here is new to me. We’ve lost players and managers in the past and we’ve dealt with that. “That’s (the) industry we are in. We’re used to those experiences.” Monk admitted the full-time job would be a dream role for him, even if it meant the end of his playing days. “My ultimate aim would be to manage the club, (but) I am not a player-manager. If I am in (the team), I might not be seeing things elsewhere. “If I have played my last game as a player, it would mean I have done well.” Just a year after leading the Swans to League Cup glory – the first major trophy in the club’s history – Laudrup was dismissed on Tuesday following a poor run of form. Veteran defender Garry Monk was named as caretaker boss in the Dane’s stead and, on the same day that he gave his first press conference in the role, Laudrup lifted the lid on his discussions with the League Managers’ Association. “I am deeply disappointed to have been dismissed as manager of Swansea City,” it read. “In particular, the manner in which it happened and the actions the club has taken since notifying me in the briefest of letters which gave no reasons why such hasty and final action was deemed necessary. “I am, of course taking legal advice and the LMA have already written to the club asking for a proper explanation as to why I was summarily dismissed. Three members of my staff have also been dismissed. “The club has informed me that I cannot visit the training ground to say my farewells to the players so I do that now through this statement. “Whilst league results have been disappointing of late, we are still 12th in the table and it is there for all to see the fine margins in the league this season in terms of points that separate 11 clubs.” Monk held his first training session on Wednesday and did his best to fend off some awkward questions from the press 24 hours later. One of those related to defender Chico Flores, who was involved in a training ground bust-up with Monk last month. The club have played down some of the more colourful accounts of the incident and Monk, a Swansea captain in all four divisions, insisted it would have no effect on his team selection. Michael Laudrup has revealed he is taking legal advice over his sacking as Swansea manager after being given “no reasons” for his treatment. Press Association
The keeper is eyeing a Three Lions spot again following the Canaries’ promotion back to the top flight on Monday. England boss Roy Hodgson watched him in Norwich’s 2-0 Sky Bet Championship play-off final win over Middlesbrough. Norwich were the promotion favourites at the start of the season and Ruddy admitted they had spoken about their past. He said: “We had a words before the game about where we were last season, like Chelsea away, Seb (Bassong) got up and said a few words which really resonated with the rest of the squad. “Days like Monday are special, if you can go up any way you’d chose the play-offs but unfortunately you can’t guarantee it.” Boss Alex Neil was an unknown before he replaced ex-manager Neil Adams in January after joining from Hamilton in Scotland but Ruddy predicted more big things. “He is only 33 and has a massive future ahead of him, hopefully that’s with Norwich and it starts next season in the Premier League,” he said. “We’re looking forward to being back among the names and the clubs and having games every week where you know you’ll have to work as hard as we did on Monday. “That’s the key, we set a started and we can’t rest on our laurels. The manager will not allow that. His attention to detail is superb and I’m sure that’ll carry on. “He is by far the best I have worked with. To say that for a manager, who is 33 and come from the Scottish Premier League, is a credit to him. He has put his impact on the club and we are reaping the rewards.” John Ruddy has targeted an England recall after Norwich’s instant return to the Barclays Premier League. Ruddy has one cap, against Italy in 2012, but missed out on last year’s World Cup squad after the Canaries dropped out of the top flight. Rivals Rob Green and Tom Heaton have been relegated with QPR and Burnley respectively while West Brom’s Ben Foster is out with a long-term knee injury. And, after the Canaries’ promotion, Ruddy is eager to convince Hodgson to call on him again. He said: “I didn’t focus on England at all this year. I knew playing in the Championship I wouldn’t be doing myself any favours. “My main aim was to get back into the Premier League and then knock on the door for that. We’ve done that and that starts on August 8. “Congratulations to Tom, I thought he deserved to be called up for the last squad, he was unlucky but he has got the call up for the summer and he’s a fantastic keeper. I’m delighted for him. He has done very well for Burnley this season but himself and Rob Green are now dropping down to the Championship.” Cameron Jerome and Nathan Redmond scored inside the first 15 minutes at Wembley to stun Boro and ease Norwich, who finished third in the league, back to the top flight. Ruddy had little to do, although was saved by the bar after being beaten by Jelle Vossen’s first-half strike. Press Association
Former University of Texas football player Limas Sweed has sued the NCAA, claiming the serious physical and mental issues he has are a result of hits to the head in college games and practices, TMZ Sports reported .Sweed, 34, was a wide receiver for the Longhorns from 2003-07 and was part of the Texas team that won the BCS National Championship in the 2006 Rose Bowl against USC. In his suit seeking more than $5 million, Sweed claims that while playing at Texas he suffered “numerous concussions, as well as countless sub-concussive hits as part of routine practice and gameplay.”As a result, he says he now suffers from depression, headaches, memory loss, mood swings, emotional instability, motor impairment and more. Jalen Hurts discusses transfer from Alabama to Oklahoma Related News Sweed claims his pain is a “direct and proximate result of [the NCAA’s] negligence.”After finishing with almost 2,000 receiving yards and 20 touchdowns at Texas, Sweed was chosen by the Steelers in the second round of the 2008 NFL Draft and was part of a Super Bowl-winning team his rookie year.He played in 20 games over two NFL seasons but suffered a torn Achilles in May 2010, missed that entire season and eventually was released. He retired after two brief stints in the CFL.
Jamaica’s female beach volleyballer, Kai Wright, said their fifth place finish at the Norceca Beach Volleyball tour in Punta Cana, Dominican Republic, on the weekend resulted from their passion and determination and believes she and partner, Danielle Perry, will make it to Rio this summer. Wright noted that Perry lives abroad so regular practice is not possible and tournament like these play an important role in their preparation. However, the main reason they went to the Dominica Republic was to gain experience and practice. “The main purpose was to prepare for the third round of Olympic qualifiers, get selected for the Pan Am Games, get practice, see other teams and get some experience going into the third round. “The tournament was very challenging. Every team played us competitively because we were the underdogs. Nobody expected anything from us, much less to get a big placing, so they came at us really hard. But we played real hard, worked together and achieved fifth place and it shows the passion we have for the sport,” said Wright. “My partner is from Florida so we don’t get to practice together much, but she is very passionate, she is very determined, she goes hard and plays really hard, she is very motivating, so I have a tremendous partner. Over the weekend we learnt a lot about each other playing wise and we are just working as a team,” she told The Gleaner. She thinks they are strong enough to seriously compete for a spot in the Rio Olympics when they travel to the Casova Women’s Beach Volleyball Olympic third round qualifiers in El Salvador next week. “The more we go and represent and play the more the results are coming, it means our performance is getting better every time and that is what we aim to achieve,” she surmised. “We are very prepared, we have camp where the overseas players come down and we train every day, two times for the day. Hopefully we’ll go to the third round and be ready mentally and physically and I am very confident we can reach the Olympics,” said Wright. “We have one week before we leave for the third round and we’re looking to qualify and put Jamaica on top. We want to pave the way for the younger volleyball players, so we will work hard, play hard and qualify for the Olympics,” she promised. VOLLEYBALL:
Bronze, silver or gold: South African female sporting heroes have long carried the pride of the country on their shoulders and in their hearts.But raising the profile of South African women in sport takes blood, sweat and tears, on and off the field. Sporting bodies and pioneers in the industry are hard at work to ensure that women’s sport is well established, receives sufficient financial backing, and gets free and fair media coverage.One sure fact is that there’s always something to celebrate. SA’s National Women’s soccer team, Banyana Banyana made history in November last year after qualifying for the 2019 FIFA Women’s World Cup for the first time. The team, led by their fearless coach Desiree Ellis, will be heading out to France to compete in June.A star player worthy of a special mention is Portia Modise, retired Banyana Banyana’s all-time leading goal-scorer who has been selected as one of 13 FIFA ambassadors for the upcoming Women’s World Cup, a role she has taken up with high regards. Apart from her excellent striker skills on the field, Portia has always advocated for women in sport to be treated equal to their male counterparts, especially in the area of remuneration.Speaking to Fifa.com in a recent interview, Portia said: “This (WWC) is going to bring change for a lot of young women and open a platform for girls who didn’t know where to go. I think things will slowly change.”Another resilient voice advocating for women in sport, is Brand South Africa’s Board Trustee, Ms. Muditambi Ravele. In her capacity as chairperson of the South African Women & Sports Foundation, Ms. Ravele addressed delegates at the 2018 FIFA Women’s Administrators four-day Course in August last year, where she spoke about the misconception that women are constantly tearing one another down, highlighting how much support women give each other. Known for pushing boundaries, Ms. Ravele encourages many sportswomen to join what is predominantly perceived as male-dominated sports, like boxing.In raising the profile of women in sport, Brand South Africa’s Play Your Part Ambassador and Sports Media Personality, Kass Naidoo utilises her platform Gsport, to celebrate South African women in sport. Gsport aims to improve the media profile of South African women in sport, that will in turn, help with more sponsorship opportunities. Through extensive media coverage, Gsport wishes to on-board Corporate South Africa to stand behind female athletes.Brand South Africa commends these pioneers who not only engage in on-going dialogues that encourage a strengthened Nation Brand, but also lead by example.
A group of South African companies from four provinces will get an opportunity to showcase their products in China when they participate in the second China International Import Expo (CIIE) that will take place in Shanghai from 5-10 November 2019. The group’s participation is organised and funded by the Department of Trade and Industry (the dti) through its Export Marketing and Investment Assistance (EMIA) Scheme. The objective of the scheme is to develop export markets for South African products and services, and to recruit new foreign direct investment into the country.The CIIE is part of the Chinese government’s initiatives to support trade liberalisation and economic globalisation by actively opening the country’s huge market to the world. The CIIE is an open international cooperation platform provided by China for countries to showcase their products. It is also an international public platform provided by the Chinese government for all the countries in the world to discuss major issues of foreign trade, world economy and global economic governance.According to the Deputy Minister of Trade and Industry, Ms Nomalungelo Gina, China is expecting to import products and services valued at more than US$10 trillion and this will provide a massive opportunity for enterprises across the world to enter the huge Chinese market.“Our continuous participation in the CIIE will contribute significantly in helping us to increase the export of value-added products to China. Since 2009, China has been South Africa’s number one trading partner globally as well as in the Asian region. Total trade between South Africa and China grew from R271 billion in 2013 to R332 billion by the end of 2018. However, 86% of our exports basket to China is concentrated on primary products. There are concerted measures underway to promote value-added goods and services by broadening the export base and increasing South Africa’s market share in China,” says Gina.South Africa was among the twelve countries which were invited as guest countries of honour in the inaugural CIIE which was successfully held in Shanghai in November last year. More than 172 countries, districts and international organisations participated in the event. Products and services from more than 3 600 enterprises and companies were exhibited. SA’s participation in the first CIIE also formed part of the South Africa-China 20-Year Celebration of Diplomatic Relations. South Africa had the biggest representation of all countries from Africa and had the largest footprint at the event.Gina adds that South Africa’s participation will also contribute in strengthening both political and economic bilateral relations between South Africa and China. It is also expected to increase trade between the two countries in general, and South African exports of value-add products in particular.“As a fellow member of the Brazil, Russia, India, China and South Africa (BRICS) grouping, participating in exhibitions like these will boost intra-BRICS trade and investment,” says Gina.Enquiries:Sidwell Medupe-Departmental SpokespersonTel: (012) 394 1650Mobile: 079 492 1774E-mail: [email protected] by: The Department of Trade and IndustryFollow us on Twitter: @the_dti
Magnatune, a small and eclectic online record label, just releasedits first iPhone app. As far as we know, this is the first time that a record label has released an iPhone app that allows its users to play every song of every artist on its label for free and as often as they want. The only restriction on the app is that every song is followed by a short announcement with the name of the artist and title of the song.Magnatune Magnatune has always done things differently. It was one of the first online music services to allow its customers to choose how much they wanted to pay for an album. From its inception, the service never featured DRM’ed music and always offered its albums in alternative formats like WAV, OGG, FLAC and AAC. On its website, Magnatune offers a commercial-free streaming plan starting at $5/month (users can choose to pay more) and a download membership that starts at $10 a month.Sadly, the first version of the iPhone app doesn’t support these membership options, but according to Magnatune’s announcement, the next version will allow paying members to stream announcement-free music. Role of Mobile App Analytics In-App Engagement frederic lardinois Related Posts The Rise and Rise of Mobile Payment Technology What it Takes to Build a Highly Secure FinTech … Tags:#mobile#news#web Why IoT Apps are Eating Device Interfaces FeaturesThe app itself is pretty straightforward. You can browse Magnatune’s catalog by artist, album and genre. One neat feature of the app is that it remembers where you left off when you turn the app off – or when you get a call – and prompts you to return to that song when you start the app again.ShoppingThe Magnatune store allows users to buy songs right from their phones. Most of Magnatune’s artists are featured in the iTunes store, and the app simply takes users to the iTunes app to buy the song. This, though, also means that potential buyers can’t choose how much they want to pay for an album.Record Labels on the iPhoneAnother label that has also released an iPhone app recently is Ghostly International. This app (iTunes link) features only a selection of Ghostly’s catalog, however.We have talked a lot about how bands and artists have started to look at iPhone apps as replacements of traditional albums. Hopefully, more music labels will now also follow Magnatune’s lead and release their own apps. With built-in purchasing and music discovery, this is a logical extension of the app-as-album trend – but then, the major music labels aren’t exactly known for being logical.
Editor’s note: This is the first in a series on Energizing a Real Green New Deal. You can read the introduction to the series here. Both climate denial and the Green New Deal fail to solve the crucial challenge of our era: How will we create and implement a plan for reaching net zero greenhouse gas emissions that is effective, practical, affordable, and rapid. Denial is obviously not a solution and leaves society with the enormous cost of coping with the worst impacts of climate change. On the other hand, the Green New Deal offers solutions that are heavily reliant on federal government control, borrowing, taxation, and spending. And it includes social goals which extend beyond climate change and are destined to become mired in side issues and political gridlock. Neither approach is viable. In this first of three installments, we present a model for an incentive-driven plan to reduce greenhouse gas emissions in ways that enhance social equity and job creation, while minimizing government regulation.RELATED ARTICLESAmerica Can Afford a Green New Deal — Here’s HowIs the Green New Deal Just a Pipe Dream?New York City Gets Its Own Green New DealLos Angeles Updates Its Plan to Cut Carbon EmissionsGreen New Deal: Just As Dangerous As Climate Denial? Key goals, objectives, and incentives As with all effective strategies, we must first determine our key goals and supporting objectives followed by the specific tasks needed to achieve them. In a market-based economy, the most pain-free and effective way to achieve objectives is to create incentives for actions that support our objectives. To encourage a reduction in fossil fuel use, we need to set specific carbon reduction targets and outline an array of actions needed to reach the objectives. Offering a range of potential actions allows businesses and the public to choose a set of actions they can implement, consistent with their economic and personal situations. Finally, we need to be sure the actions have a positive return on investment. For example, if we want farmers to rebuild soil so it can store significant amounts of carbon, they need to be economically rewarded to make this transition. If we want homeowners to install solar panels, their return on investment needs to be not only positive, but rapid. Incentives can be extrinsic (coming from outside), based on regulations, taxes, subsidies, favorable financing, and tax breaks, or intrinsic (coming from within), based on a positive return on investment, or other less tangible benefits such as improved health and comfort. In most cases, all that is needed to get people and businesses to take action based on intrinsic incentives is to provide education and motivational appeal—a commonly recognized strength of the marketplace. Combining small extrinsic incentives to support intrinsic incentives may create the quickest and most effective road to significant change. State and local governments and utilities have a long history of creating successful financial rebates and educational programs that utilize this strategy to reduce energy use. Defining our goal Unlike the numerous, diverse goals embodied in the Green New Deal, we should be laser focused on the one central goal that is the challenge of our era: To incentivize individuals, companies and governments at all levels to bring greenhouse gas emissions low enough to keep global warming within 2 degrees C or lower. In the U.S., we will do our part to achieve this by reducing fossil fuel and other greenhouse gas emissions to zero by 2040 in a manner that promotes equity, good paying jobs, and prosperity and that utilizes the minimum government involvement needed to leverage our free market system to rapidly reach this goal. The following low- or no-cost approaches are minimally intrusive: Market the intrinsic incentives already in existence, such as the lower cost of ownership and improved performance of electric vehicles and zero-energy homes. Shift tax breaks from fossil fuels to clean energy development, including energy efficiency in buildings and transportation, renewable energy sources, energy storage, and a smart electric grid. Apply a modest tax to carbon-based fuels where they are produced, stored, or refined. Create attractive financing packages for making energy efficiency improvements and adding renewables to homes, businesses, and transportation. Build job growth and social equity into all greenhouse gas reduction efforts. Pursue infrastructure improvements that directly address carbon reductions. Enhance existing government R&D programs and develop new ones in conjunction with industries and universities to create or improve energy efficiency and renewable technologies. Market existing intrinsic incentives at little or no cost The good news is that the intrinsic incentives for all players to move to zero greenhouse emission technologies and strategies already exist and are growing rapidly. One reason is that more and more people, small businesses, large corporations, and local governments are internally motivated to take positive steps to help avoid catastrophic climate change. More importantly, many technologies, such as zero-energy homes, electric vehicles, solar panels, and large-scale renewable electric power, give a greater return on investment and offer more benefits than fossil fuel alternatives. Many of the actions advocated for in this series are intrinsically incentivized because they are good investments for homeowners, car owners, businesses, utilities, and governments. The return on investment and the improvements to people’s lives these new technologies offer will drive the market. The only action needed for these technologies to become the new normal is for utilities and the companies who offer them to harness the marketing powers of American free enterprise. Businesses can readily identify needs, research possible solutions, develop products and services, manage supply chains and distribution networks, set competitive prices, and advertise with gusto. The government’s role is to set overarching goals, provide adequate direction, level the playing field, offer strategic incentives, and build public infrastructure. Local, state, and federal governments can catalyze the formation of marketing alliances to mount effective campaigns that promote the intrinsic benefits of clean energy technologies to the general public. These alliances would include energy utilities, manufacturers of energy-related products, and committed non-profits. Utilities and manufacturers will benefit from business growth. The general public will benefit from positive financial returns. All this with no, or very low, cost to taxpayers. Redirecting existing tax breaks Without creating an additional tax burden, we can realign existing tax breaks and subsidies at the state and federal level to promote measures that will help us reach our net zero greenhouse gas emission goal. According to one estimate, over $20 billion a year in state and federal tax credits are going to the fossil fuel industry. Redirecting these tax credits could make this whopping $20 billion available to incentivize the industries and initiatives focused on greenhouse gas emission reduction while removing support for fossil fuels. The Clean Energy for America Bill, introduced in the Senate, would replace 44 different existing energy tax incentives with incentives for clean electricity, clean transportation fuel, and energy conservation. Passing this bill would be an important step in the right direction. Tax credits should be designed to have the maximum effect on the market. Priority should be given to encouraging those projects where money invested in greenhouse gas reduction will bring a positive return on investment, such as zero-energy homes and buildings, a smart grid, zero-carbon electricity production, and electric vehicles. Because of their positive return on investment, incentives for these new technologies can be modest, effective, and quickly phased out when goals are met or market momentum grows. Tax credits should not be targeted at more expensive, less mature technologies such as electric or hydrogen planes, trains and ships, until R&D has reduced the price enough so that incentives will promote rapid market acceptance. Low- and middle-income households should be offered more generous tax credits to purchase zero energy vehicles, homes, and buildings so they can reap the energy/cost savings and health benefits of these superior technologies. A national advisory board of experts should be created to adjust these tax credits based on market conditions and the evolution of prices in order to leverage the maximum return from each and reduce them as soon as sufficient market momentum is established. A modest carbon tax at the source The market can only make good decisions when it has good information. Unfortunately, the price of fossil fuels ignores many hidden costs, such as increased sickness, toxic spills, mining waste, air pollution and a rapidly changing global climate. Currently, carbon-dependent industries get a free ride with cheap access to public lands, a huge and unregulated dumping area for their waste, i.e., the air we breathe, and even direct government subsidies. These have a real cost to citizens and society. To provide the free market with the information it needs on these costs so it can make rational decisions about fossil fuel use versus clean carbon alternatives, a modest, predictable and stabilizing carbon tax should be levied at the source of fossil fuel production or distribution. While it is not a complete solution in itself, a small carbon tax will begin to price in the hidden costs of fossil fuels, and will be the most cost-effective, least intrusive, and most equitable way to reduce carbon emissions to zero. It is a market-based approach that is supported by more than 3,500 economists, including 27 Nobel laureates. An optimal carbon tax will add a very small but steadily increasing fee to fossil fuels at their source, which will create a predictable, long-term incentive to move toward clean energy. As it gradually increases, it will change the decisions made by citizens, business people, and government officials about cars, trains, aircraft, buildings, generating plants, manufacturing plants, agricultural operations, and military installations. Business and industry will respond to new opportunities, resulting in widespread carbon emission reductions. Electric and hybrid vehicles will become the new normal; all electric zero-energy and positive-energy buildings and homes will dominate the housing stock; clean-fueled trains, ships and airplanes will move goods and people; government and military facilities and operations will be more secure and resilient; and a non-fossil fuel-based, smart electric grid with battery storage will connect it all. This tax can be easily be collected on oil, gas, and coal as they come through pipelines or at refineries or storage facilities. It can be adjusted by a formula to stabilize fuel prices during both price declines and price spikes. Over 30 years, it will very gradually increase the base cost of all fossil fuels. The scheduling of this gradual tax increase along with stabilization of prices gives businesses and families the predictability they need to plan for the future. Revenues from the tax, combined with internal and external incentives, can be used to jump start us on the path to zero in ways that create equity for low income people faced with higher energy costs. Loans and financing Everyone agrees that energy-saving improvements pay off over time. The problem has been that initial costs for these improvements act as disincentives. To overcome this first-cost obstacle, we must create clean energy financing vehicles that make the monthly payments for loans on building, transportation, and infrastructure improvements lower than the monthly energy savings. When the monthly earnings from energy savings exceed the monthly loan costs, it is called profit. When structured properly, loans for energy saving and renewable investments, provide a profit from the very first month, not only benefiting the borrower, but also benefiting suppliers, local economies, and the global climate. Tax credits and/or income from the carbon tax can be used to encourage lenders of all types to offer or underwrite low cost revolving loans to low income people and small businesses for electric vehicles, for zero-energy and positive-energy homes, for solar panels, and for energy efficiency upgrades to existing homes. Similar low cost loans can be offered to small farmers and small forest landowners to provide funds to lower their carbon footprint and to sequester more carbon. Whether they are homeowners, landlords, farmers or small businesses, these revolving loans would be structured to make the earnings from lower energy costs exceed the financing cost so everybody wins. Equity The first priority for tax credits and some of the revenue from the carbon tax will be to create higher tax credits and rebates for low income people to make their homes energy efficient, install solar collectors, buy zero energy homes, upgrade to hybrid and electric vehicles, including used EVs. Landlords of low- and middle-income apartment dwellers should be incentivized to upgrade the energy efficiency of their units and add solar panels, provided they reduce their tenants’ energy bills or rents. Landlords should also be incentivized to provide EV chargers for tenants. Helping lower income families acquire zero-energy homes and electric vehicles will allow them to reap the benefits of low or no utility costs for their homes and reduced fuel costs for their vehicles, and can be a major factor in helping minimize the disproportionate impact of the carbon tax on them. A small portion of the revenue can be returned directly to very low-income individuals by means of a monthly check or a refundable tax credit, as the carbon tax gradually increases. But unlike the current carbon tax bill before Congress, which only uses the tax revenue to give all citizens—rich and poor alike—a check each month, a portion of the carbon tax revenue, along with other incentives, should be used to help lower income individuals reduce their fossil fuel consumption to zero. This approach would save them more money than if they were to continue using fossil fuels while receiving a check to cover some of the higher costs. Infrastructure and jobs The market incentive provided by the carbon tax can be supercharged by devoting a significant portion of the funds to build out a carbon-free infrastructure. For example, revenue could be used to construct a network of highway rest areas with charging stations for electric cars and trucks, to incentivize utilities to convert to non-carbon-emitting energy sources connected by a smart grid, to finance the decommissioning and recycling of fossil fuel facilities that can no longer be used, to transform coal mines and power plants into wind and solar farms, and to retrain the workforce for new clean energy jobs. Fossil fuel companies can be rewarded for restructuring their energy businesses to become clean energy utilities, as Royal Dutch Shell is planning on, so they can enjoy continued success in business and save jobs. And where still needed, federal grants can be made to schools, hospitals, airports, rail lines, and local governments to incentivize building out their share of this carbon-free infrastructure. Using some of the revenue to build out a carbon-free infrastructure will create thousands of good-paying jobs that can’t be replaced by automation or exported. Research and development Some of the revenue form the carbon tax should be used to increase the budget for R&D. To make that funding go even further, national research laboratories can be refocused to conduct more basic research and development to get us quickly and as cheaply as possible to zero greenhouse gas emissions. This can be done in conjunction with university researchers and industry innovators to make it even more cost effective. Areas for R&D should include increasing solar PV and battery efficiency, developing electric and/or hydrogen planes, trains and ships, creating safer, more efficient, and less costly nuclear power, and a developing a highly-effective, renewable-powered smart grid with battery storage. Joseph Emerson is a co-founder of the Zero Energy Project where this article originally appeared. Emerson writes that this series of blogs on the Green New Deal is inspired by Chris Martinsen’s Deconstructing the Green New Deal.