Information marketplaces: The new economics of cities
Description
Cities are already making investments in low carbon ‘smart’ services from cycle hire schemes to real time transportation apps, and are increasingly the site for smart grid and distributed electricity generation pilot projects. But the explosion in access to data – 400% growth since 2005 – means that more low carbon services could be developed today. To make this opportunity real, cities can set ambitious visions, measure track and manage their progress to sustainability goals enabled by the digital infrastructure, and test new business models to scale up solutions.
It has taken a while, but more and more observers are calling the Texas "experiment" with retail competition a success... and even suggesting it may be a model for the rest of the country. Is it?