Giving the FCC the authority to impose net neutrality on broadband service could cost more than $62 billion if providers pull back, a study says. Proposed regulation of high-speed Internet service providers by the U.S. government could cost the economy at least $62 billion annually over the next five years and eliminate 502,000 jobs, according to a study released by New York Law School. The report estimates that broadband providers and related industries may cut their investments by 10 percent to 30 percent from 2010 to 2015 in response to additional regulation. At 30 percent, the economy might sustain an $80 billion hit, according to Charles Davidson, director of the law school’s Advanced Communications Law & Policy Institute, which released the report on June 16. Read full report.
Networking the Green Economy: How Broadband and Related Technologies Can Build a Green Economic Future
Progressive States Network /CWA report on broadband and information communication technologies having the potential of revolutionizing energy management and economic development. With less than 5 percent of the world’s population, the United States accounts for about a quarter of the world’s energy consumption. A poor communications infrastructure underlies much of our wasted energy use. In order to reduce energy, we must install new technologies that can monitor and more effectively use natural resources. Read full report.