Archive for the 'Economy' Category
Wrecked: Tesla Shorts Lost $38 Billion in 2020
January 1st, 2021Via: Electrek: Tesla’s stock (TSLA) is pushing a new all-time high as short sellers, people who bet against it, have lost $38 billion in 2020. That’s more than on any other stock by a wide margin. Related: Less than 1% of EV Owners Want to Go Back to Gas
The Price of Electric Car Batteries Has Dropped 89% in 10 Years
December 31st, 2020Via: Fast Company: A decade ago, a lithium-ion battery pack used in an electric car cost around $1,110 per kilowatt-hour. By this year, according to a new survey, the cost had fallen 89%, to $137 per kilowatt-hour. And by 2023, the cost is likely to fall far enough that car companies can make and sell […]
“Los Angeles Vaccine Recipients Can Put the Proof in Apple Wallet”
December 30th, 2020Here we go. Via: Bloomberg: Covid-19 vaccine recipients in Los Angeles County, a major virus hot spot, will be offered a digital record that will help ensure they get a second shot and could, eventually, be used to gain access to concert venues or airline flights. The offering is being provided starting this week through […]
The Threat of Authoritarianism in the U.S. is Very Real, and Has Nothing To Do With Trump
December 30th, 2020Via: Glenn Greenwald: The COVID-driven centralization of economic power and information control in the hands of a few corporate monopolies poses enduring threats to political freedom. … The hysterical Trump-as-despot script was all melodrama, a ploy for profits and ratings, and, most of all, a potent instrument to distract from the neoliberal ideology that gave […]
U.S. Poverty Jumps the Most in 60 Years
December 30th, 2020The pandemic did this. The pandemic did that. Wrong. Governments caused this disaster. –A Communist Christmas Via: CBS: Of the various measures of the coronavirus pandemic’s comet strike on the U.S. economy, one especially reveals the size of the crater: Over a six-month period, nearly 8 million Americans have tumbled into poverty. The nation’s poverty […]
Back to the Future with Tom “Mr. Monsanto” Vilsack
December 30th, 2020Via: Organic Consumers Association: President-Elect Joe Biden has nominated Tom Vilsack as Agriculture Secretary. For anyone who is familiar with our Millions Against Monsanto campaign or who participated in March Against Monsanto during the Obama-Biden years, you know why this is bad news. For everyone else, this is the first installment in our series of […]
Boston Dynamics: Dancing Robots
December 30th, 2020Via: Boston Dynamics:
Spain Plans A “Registry” For Those Who Refuse COVID Vaccine
December 28th, 2020Via: ZeroHedge: And so, in Spain at least, government bureaucrats are fighting back, as Health Minister Salvador Illa warned the country would set up a “registry” for everybody who refuses the vaccine. “What will be done is a registry, which will be shared with our European partners… of those people who have been offered it […]
U.S. to Allow Small Drones to Fly Over People and at Night
December 28th, 2020Via: Reuters: Small drones will be allowed to fly over people and at night in the United States, the Federal Aviation Administration (FAA) said on Monday, a significant step toward their use for widespread commercial deliveries. The FAA said its long-awaited rules for the drones, also known as unmanned aerial vehicles, will address security concerns […]
Can The U.S. Reduce Its Dependency On Chinese Rare Earths?
December 28th, 2020Via: OilPrice: Since the days of President Jimmy Carter and the 1970s oil crisis, the United States has relentlessly pursued the utopia of energy independence. But persistent oil crises, severe oil price shocks, and the global shift to clean energy have made it glaringly obvious that Washington will never achieve true energy independence by relying […]
