Question

Crisis Has Jump-Started America’s Innovation Engine. What Took So Long?

Discuss how these factors influence innovation.

Answer 1

The covid 19 outbreaks Economic impact will also be the staggering and long lasting. There is no doubt the economic hardships faced by many Americans needed to be adressed now. Every sector from the economy from retailing, finance, constructions, airline is feeling the effects . There is affecting the lives of hundreds of thousands of of Americans. They're decided to prioritize job creation and economic recovery. As per U.S policymakers want to jump start the economy and likely to enact additional legislation following the $2 trillion stimulus. Many researches shows that better economic growth and environment protections in in our hand. Low carbon economic expansion can build domestic markets for low carbon technologies. It will helps to increase the competative position of America through innovations. It is an ideal opportunity to rebuild the economy in a way that will be resilient climate change and future shocks, rebooting the U.S economy from the time of corona virus fallout. For all this reason, investing in carbon intensive industries and infrastructures will helps to restore the growth.

Doubling down on low carbon investments on of the solution to helps the US economy by putting into the place of job creating, economic activity that can help some of the damages from Covid-19.

There is a further opportunity to grow improve energy efficiency of residential and commercial buildings. The intelligent components that improve the efficiency of building operations. It creates the potential employ of thousands of workers came in every part of the nation, for working. Especially from manufacturing and construction sectors. Many number of jobs created in the fossil fuel sector.

Energy efficiency can save the money, for business and household throw lower energy bills.

Modernize transmission infrastructure is an another way of job cration and ecnomic development. In developing transmission infrastructure private sector will play an important role . Extensive investments are needed for it.

The another way of development is in Invest in zero emissions public transport. It creates a large job creation and opportunities. The current transportation infrastructures need significant investments. Smart investments in zero emissions public transportion in growing urban area provides a significant growth in the US economy at this time. Using of electric buses will helps to avoid the usage of diesel, it provides saving. This is a significante potential to savings. And also improving in public transport systwm will helps in health and environmental benefits.

Boost reforestation and tree restoration is an another way to develop and protects the environment. It helps to remove carbon dioxide from the atmosphere in the coming decades. It is a powerful tool for removing carbon dioxide from the atmosphere ,helps to provide better health,good climate condition and better quality water and air.

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