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A new study by Columbia University Mailman School of Public Health researchers poses a hypothetical question: What if air quality improvements in New York City during the spring 2020 COVID-19 shutdown were sustained for five years without the economic and health costs of the pandemic? They estimate cumulative benefits of clean air during this period would amount to thousands of avoided cases of illness and death in children and adults, as well as associated economic benefits between $32 to $77 billion. The study s findings are published in the journal
Environmental Research.
The researchers leveraged the unintended natural experiment of cleaner air in New York City during the COVID-19 shutdown to simulate the potential future health and economic benefits from sustained air quality improvements of a similar magnitude. They do not frame this study as an estimate of the benefits of the pandemic. Rather they offer this hypothetical clean air scenario as an aspirational goa
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December 21, 2020
Rockville, Md. – A new study finds that New York City’s two-month shutdown during COVID-19 while undeniably painful could point the way toward saving thousands of lives through improved air quality, generating billions of dollars in related economic benefits in the process. Neighborhoods with higher percentages of low-income residents or higher percentages of Black or Latinx residents likely would benefit more from the reduced particulate matter concentrations. The study’s findings are published in the journal
During the initial shutdown from March 15 to May 15, researchers from Columbia University, Abt Associates, and ZevRoss Spatial Analysis estimated a citywide 23 percent reduction in fine particulate matter (PM2.5 ) concentrations. This was attributable to an estimated 60 percent decline in automobile traffic, as well as declines in air traffic, construction, restaurant operation and electricity generation. They then extrapolated ambient
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Gov. Andrew Cuomo is warning that the federal government is repeating its past mistakes by not acting quickly enough to confront the spread of a new, more infectious variant of the coronavirus. “Right now, this variant from the U.K. is getting on a plane and flying to J.F.K.,” Cuomo told reporters Sunday. “Doing nothing is negligent.”
Scientists say that 5% of recent cases in Europe are tied to the mutated coronavirus. Each passing day makes it more likely that the variant, which has not yet been detected in the U.S., will spread here. “This is what happened in the spring,” said Cuomo, who is calling on the federal government to either test passengers arriving from the U.K. or ban flights from the country. “It’s serious,” Cuomo told reporters Monday. “No action is just not a viable option for us in New York.” British Airways has already agreed to the governor’s request to require travelers to show a negative coronavirus test before they boar
MTS Health Partners Announces the Promotion of Michael Ludwig to Partner
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NEW YORK, Dec. 21, 2020 /PRNewswire/ MTS Health Partners, L.P. (MTS), a healthcare-focused, boutique investment bank with offices in New York, San Francisco, and Tokyo and 55 investment banking professionals, today announced the promotion of Michael Ludwig to Partner.
Mr. Ludwig joined MTS in 2012 and leads the firm s healthcare technology coverage, focused on mergers, acquisitions, and capital raising transactions. Mr. Ludwig joins the leadership team of nine partners. We are very excited to announce the promotion of Michael to Partner. Michael has made a huge contribution to MTS, and his promotion is a recognition of all of the tangible and intangible value he has brought to our Firm, said Curtis Lane, Founding Partner of MTS. Michael has built our healthcare technology team, has had a tremendous impact in the market on behalf of our clie