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181 results
More Frequent Fire Weather
The analysis reveals a significant increase in fire weather days across much of the contiguous U.S., with the western U.S. experiencing far more frequent fire weather than the east. While the western U.S. has seen strong increases, particularly in the Southwest during spring and summer, parts of the eastern U.S. have also seen impactful increases, especially in the Southeast and Northeast. The study emphasizes that while human activity causes 87% of wildfires, fire weather primes the landscape for these fires to ignite and spread.
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Document type: Research paper
H.B. 1666 Testimony
The Private Equity Stakeholder Project (PESP) urges the Indiana State Senate to pass H.B. 1666, arguing that stronger oversight of private equity acquisitions in healthcare is necessary to protect patient safety and financial stability. PESP highlights systemic risks, including high bankruptcy rates among private equity-owned healthcare firms and specific failures in Indiana's intellectual and developmental disability (IDD) services sector. The testimony details quality-of-care deficiencies at Sevita and a fatal case of neglect at Help at Home, both of which are private equity-owned providers operating in Indiana.
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Document type: Statement
Getting Alternative Transmission Technologies to Scale
The report examines the potential of advanced transmission technologies (ATTs), including grid-enhancing technologies (GETs) and advanced conductors, to expand US grid capacity. While pilots have demonstrated success—such as increasing capacity by 40% in the Midwest—widespread adoption is hindered by risk aversion, financial disincentives, a lack of integration into planning processes, and poor cross-utility coordination. The author suggests that large corporate energy users can accelerate deployment through policy advocacy at federal and state levels and by leveraging their influence to catalyze collaboration across different utility service territories.
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Document type: Report
Private Equity in Intellectual and Developmental Disability Services
The report documents a shift in IDD services from non-profit providers to private equity-owned platforms, highlighting risks such as cost-cutting, financial extraction through dividend recapitalizations, and systemic quality failures. It provides case studies of companies like Sevita, Help at Home, and Broadstep Behavioral Health to illustrate patterns of abuse, neglect, and regulatory non-compliance.
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Document type: Report
Healthcare Deals 2024 in Review
In 2024, the Private Equity Stakeholder Project (PESP) tracked 1,049 private equity-backed healthcare deals in the US, a 7.6% decrease from 2023. While overall activity was subdued due to high interest rates and regulatory scrutiny, dental care saw a 10.3% increase in deals. The report highlights the prevalence of 'add-on acquisitions'—which accounted for nearly 60% of deals—as a strategy to avoid antitrust scrutiny. PESP notes risks associated with this model, including higher prices, reduced quality of care, and increased bankruptcies in physician practice management. The document also identifies a growing trend of private equity firms using joint ventures with nonprofit health systems to expand market access. It concludes by urging state and federal policymakers to lower reporting thresholds for mergers and acquisitions and implement robust change-of-ownership regulations.
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Document type: Report
Building Bigger and Cleaner Industries in US States
Federal clean energy incentives have already spurred $75 billion in private investment and created over 100,000 manufacturing jobs since 2022. Under a 'High Potential Scenario', these incentives could bring nearly $235 billion in federal investment to US states by 2030, with the largest gains expected in battery manufacturing and hydrogen production.
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Document type: Report
Reline or Revitalize: The Narrowing Window to Modernize the US Steel Industry
The report warns that 'relining' seven aging coal-based blast furnaces in the US Great Lakes region is a multi-billion dollar risk that locks in high emissions and health-harming pollution for another 20 years. While these plants represent only about a quarter of US steel production, they generate approximately 75 percent of the industry's emissions. The authors argue that instead of spending $150M to $425M per furnace on relines, companies should invest in hydrogen-ready Direct Reduction (DRI) coupled with electric arc furnaces (H2-DRI-EAF), which can achieve near-zero carbon emissions. Although a new DRI plant costs more ($600M to $800M) and faces a near-term energy cost gap of approximately $2.50/kg H2 compared to coal, the transition is projected to protect skilled union jobs and create additional employment in renewable energy and hydrogen production. The report concludes that federal and state support—via tax credits, grants, and infrastructure investment—is necessary to close the remaining economic gap and avoid stranded assets.
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Document type: Report
The Federal Hydrogen Hub Community Guide
The Federal Hydrogen Hub Program aims to establish a national hydrogen network through seven regional hubs, with funding distributed across four phases over 8-12 years. While hubs claim local economic and environmental benefits, the guide notes that many proposed projects may increase pollution or waste energy. As of January 28, 2025, the DOE has instructed all recipients to cease activities related to Community Benefits Plans, pending further guidance.
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Document type: Guide
Electric Rates Can Help or Hinder Heat Pump Progress
The document examines how current electricity rate designs in the U.S. often overcharge heat pump users because their peak demand occurs in winter, while grid peaks typically occur in summer. Using data from NIPSCO in Northern Indiana, the brief demonstrates that aligning rates with the actual cost of service could save electrified customers hundreds of dollars annually. It proposes several rate reform options—including seasonal heating rates, time-varying rates, and separate customer classes—while emphasizing the need for affordability measures for low-income households and the long-term evolution of rates as the grid transitions to clean energy.
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Document type: Policy brief
Recent Policy and Regulatory Initiatives to Address Private Equity’s Negative Impacts in Healthcare
The report examines a range of legislative and regulatory efforts to address private equity's role in the US healthcare system, highlighting a shift toward increased oversight of mergers and acquisitions at the state level. It details successful laws in Illinois, Indiana, New Mexico, and New York, while noting failures in states like California and Massachusetts. Federally, it discusses proposed acts to penalize corporate looting and increase transparency, alongside CMS rules on staffing and spending. The document also tracks antitrust and fraud enforcement actions and concludes with policy recommendations to curb financialization through stricter transparency, debt limits, and joint liability.
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Document type: Report
The National Security Need to Optimize the Drug Supply Chain Security Act (DSCSA)
The author contends that the Drug Supply Chain Security Act (DSCSA), while a step forward, is too reactive because it only mandates tracking when a product is suspected of being counterfeit. To close this loophole, the paper recommends implementing 'end-of-commerce' scanning—proactive verification and decommissioning of serial numbers at the point of dispense. This is framed as a national security priority, particularly for the Department of Defense and HHS stockpiles, given that over 58% of US-procured pharmaceuticals originate overseas. The document suggests an Executive Order to mandate these practices across federal health systems by 2027 and calls for international collaboration and the re-shoring of pharmaceutical manufacturing to mitigate risks from adversarial nations.
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Document type: Research paper
Private Equity’s Footprint in Philadelphia Healthcare
The report identifies approximately 900 private equity-owned healthcare locations in the Greater Philadelphia area, with significant concentrations in physical therapy, behavioral health, dental care, and home health services. It argues that private equity's 'roll-up' strategies and debt-funded dividend extractions increase the risk of bankruptcy, reduce quality of care, and drive up costs for patients. The document details specific local examples, such as the closure of Hahnemann University Hospital and the financial decline of Crozer Health, while calling for increased federal and state regulatory oversight of healthcare acquisitions.
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Document type: Report
ENVIRONMENTAL JUSTICE AND CIVIL RIGHTS ADVOCATES’ RESPONSE TO PETITION FOR RULEMAKING TO RESCIND EPA’S TITLE VI DISPARATE IMPACT REGULATIONS
A coalition of advocates argues that the EPA's disparate impact regulations under Title VI of the Civil Rights Act of 1964 are essential for protecting marginalized communities from disproportionate environmental harms. The document details systemic environmental racism, provides case studies of both successful and failed civil rights enforcement, and urges the EPA to strengthen rather than roll back these protections.
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Document type: Statement
Decarbonizing U.S. transportation: Progress and opportunities
The U.S. transportation sector, responsible for nearly one third of national greenhouse gas emissions, is undergoing decarbonization through a combination of federal strategies, such as the U.S. National Blueprint for Transportation Decarbonization, and significant funding from the IIJA and Inflation Reduction Act. While progress is evident in the buildout of EV and hydrogen corridors and the growth of clean energy manufacturing jobs, the document argues that the U.S. is not yet on track to meet its goal of cutting all transportation greenhouse gas emissions by 2050. Regional efforts are concentrated in the West Coast (hydrogen and EV corridors), Midwest (battery manufacturing and freight networks), Gulf Coast (low-emissions shipping and hydrogen trucking), and East Coast (EV manufacturing and I-95 freight corridors). To accelerate progress, the document recommends a federal clean fuel standard, improved inter-agency coordination, and stronger community engagement.
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Document type: Briefing
Private Equity Risking the Future Economy by Neglecting Renewable Workers
The report argues that private equity firms are compromising the 'just transition' to a green economy by utilizing temporary staffing models that lower job quality, wages, and safety. It highlights specific cases, such as Blackstone-owned Tradesmen International and American Securities-owned Solv Energy, to illustrate a pattern of OSHA violations, wage theft, and unfair labor practices. The document concludes that implementing portfolio-wide labor standards and increasing unionization are essential to protect workers and mitigate investment risks.
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Document type: Report
The Climate Crisis Domino Effect
The report examines how the increasing frequency and severity of climate-driven disasters lead insurance companies to raise premiums or withdraw coverage, particularly in high-risk areas of the US. This process creates a 'domino effect' where the lack of affordable insurance makes homes unmortgageable, reduces property values, and increases homelessness. The authors highlight a cycle where insurers profit from these increases and reinvest in fossil fuels, further exacerbating the climate crisis. The document warns that widespread mortgage defaults and the devaluation of lender security could lead to a systemic financial crisis with global implications.
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Document type: Research paper
How the Midwest Alliance for Clean Hydrogen (MachH2) benefits Illinois, Indiana, Iowa, and Michigan
The Midwest Alliance for Clean Hydrogen (MachH2) is projected to create 13,600 direct jobs, including 12,100 in construction and 1,500 permanent positions, through eight major projects in Illinois, Indiana, Iowa, and Michigan.
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Document type: Fact sheet
CLEAN ENERGY ISN’T DRIVING POWER PRICE SPIKES
The report finds that U.S. residential electricity rates have generally kept pace with economy-wide inflation since 2010, and that states with high clean energy growth often see rates rise slower than inflation. Instead, the report identifies natural gas price volatility, wildfire mitigation and liability costs, aging coal plant investments, and rising transmission and distribution costs as the primary drivers of rate spikes. It further argues that the regulated utility business model incentivizes capital-heavy investments over more cost-effective operational solutions, which compounds these costs for consumers.
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Document type: Report
Climate Shift Index Alert
From June 18-20, 2024, a major to extreme heat event is forecast for the eastern half of the U.S., affecting over 25 million people. The event is characterized by record-level high temperatures in major cities and elevated nighttime temperatures. Climate Central's Climate Shift Index (CSI) indicates that human-caused climate change has made this heat at least four times more likely in several states, including West Virginia, Ohio, and Indiana.
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Document type: Fact sheet
Navigating the EV Transition: 4 Emerging Impacts on Auto Manufacturing Jobs
The transition to electric vehicles in the U.S. is expected to significantly disrupt auto manufacturing jobs, particularly those tied to internal combustion engine components. While battery manufacturing and software-related roles are poised for growth, the shift requires a transition from mechanical to electrochemical production processes, necessitating new digital and chemical skills. The document also highlights risks to job quality, noting a trend of EV investment in non-union Southern states and the impact of AI and vertical integration on the supply chain.
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Document type: Briefing