Posts
Musk battles to save Tesla from Trump
Paywalled, sorry, here are highlights;
Trump’s “big, beautiful bill” puts at risk a crucial source of profit for Tesla by neutering rules that allow the electric-vehicle maker to sell billions of dollars of emissions credits.
Trump has vowed to kill the US’s three parallel systems of emissions credits, in the name of lower car prices... His “big, beautiful bill” targets a third system, the federal “corporate average fuel economy” (Cafe) standards. The programme penalises automakers whose vehicles fall short of fuel-efficiency targets and rewards those that produce no emissions with clean air credits, which can then be sold on to gas-focused rivals to offset their fines.
Selling credits under Cafe and similar systems in other jurisdictions contributes a substantial and growing proportion of Tesla’s profit.
In the first quarter, Tesla’s reliance on the systems was stark: it would have made a loss if not for credit sales, which rose 35 per cent to $595mn, eclipsing Tesla’s overall $409mn of net income.
Orban tells EU leaders Trump would act as "Russia-Ukraine peace broker"
He claims Trump would act immediately upon winning the election, before taking office. Which sounds legally dubious, but not that that's ever stopped Trump....
https://www.straitstimes.com/asia/orban-tells-eu-leadersre-elected-trump-would-act-as-russia-ukraine-peace-brokerOpen linkView original on lemmy.worldSouth Korean and Japanese universities under pressure to lift tuition fees
In the US, skyrocketing tuition fees are a major political issue, with pressure for student loan forgiveness, etc.
So it's interesting to see two East Asian countries having the opposite problem: tuition fees are too LOW, straining university finances and hindering the objective of delivering a good education.
https://eastasiaforum.org/2024/06/25/south-korean-and-japanese-universities-under-pressure-to-lift-tuition-fees/Open linkView original on lemmy.worldSpider-Inspired Microphone Detects Tiny Gusts of Sound
https://physics.aps.org/articles/v17/89Open linkView original on lemmy.worldJanet Yellen urges EU to raise tariffs on Chinese solar panels and wind turbines
Complains about overproduction of green technology, because it's important we don't have too much green technology....
https://www.theguardian.com/business/article/2024/may/21/janet-yellen-eu-us-chinese-exports-tariffs-electric-vehiclesOpen linkView original on lemmy.worldFrance imposes state of emergency in New Caledonia as unrest continues
Always weird to me how France is so insistent on clinging to its colonial empire, two decades into the 21st century, despite the headaches that causes.
Biden hikes tariffs on Chinese EVs, solar cells, steel, aluminum
Climate change and inflation are both important, so we're going to make it as expensive as possible to switch away from fossil fuels.
https://apnews.com/article/biden-china-tariffs-electric-vehicles-evs-solar-2024ba735c47e04a50898a88425c5e2cOpen linkView original on lemmy.worldJapan sorely needs separate surnames
https://eastasiaforum.org/2024/04/10/japan-sorely-needs-separate-surnames/Open linkView original on lemmy.worldForeign interference law invoked for the first time against naturalised Singaporean businessman
Guess which country is doing the alleged interference...
"Mr Chan, the managing director of several real estate investment firms, was invited to attend China’s annual Two Sessions parliamentary meetings in March 2023 as an “overseas Chinese representative”."
https://www.straitstimes.com/singapore/foreign-interference-law-invoked-for-the-first-time-against-naturalised-s-porean-businessmanOpen linkView original on lemmy.worldS’pore congratulates Taiwan’s President-elect Lai Ching-te on his victory
I'm somewhat surprised that Singapore chose to stick its neck out with a statement, since you-know-who won't like this...
https://www.straitstimes.com/asia/east-asia/s-pore-congratulates-taiwan-president-elect-lai-ching-te-on-his-victoryOpen linkView original on lemmy.worldWhat the journey of a pair of shoes reveals about capitalism
This is a great article about how online shopping, logistics, and infrastructure are improving lives in Indonesia.
For those without a sub: https://archive.is/KB9KK
https://www.economist.com/christmas-specials/2023/12/20/what-the-journey-of-a-pair-of-shoes-reveals-about-capitalismOpen linkView original on lemmy.world






